geoffbezoz Posted July 30, 2019 Share Posted July 30, 2019 1 minute ago, TalingChanMan said: Agree, in the same boat, getting paid in Thai Baht and trasferring back to the UK to cover mortgage etc, looking good at the moment. Although not sure how much my properties will be worth in the short term with all this Brexit choas. Property here or UK ?. In UK then I suggest Brexit won't make much difference to the UK domestic values although in London there may be a short term drop as the financial sector goes through a rapid reduction. Link to comment Share on other sites More sharing options...
Mavideol Posted July 30, 2019 Share Posted July 30, 2019 1 hour ago, webfact said: Expats feeling the pinch as GBP sinks to an all time low against the THB more to come, down we go.... wait and see Boris fall Link to comment Share on other sites More sharing options...
yodsak Posted July 30, 2019 Share Posted July 30, 2019 It's not an all time low, it's a 22 year low. Link to comment Share on other sites More sharing options...
fforest1 Posted July 30, 2019 Share Posted July 30, 2019 57 minutes ago, Longbow212 said: Who wrote this article? Such a narrow perspective.... not all expats here are coffin dodgers waiting on a pension. Many expats are earning a salary in Thai Baht. This is why younger expats view TV as catering only for pensioners. Yea right Farangs getting payed in Thai Baht I bet are less than 1-2% of the overall farangs living in Thailand... Link to comment Share on other sites More sharing options...
theoldgit Posted July 30, 2019 Share Posted July 30, 2019 1 hour ago, Xaos said: Brexit Pound I understand that the Pound is going to be renamed as the Ounce. Link to comment Share on other sites More sharing options...
Gecko123 Posted July 30, 2019 Share Posted July 30, 2019 7 minutes ago, Mavideol said: more to come, down we go.... wait and see Boris fall I'm not British, but after watching his performance during his initial presentation to parliament and observing his general buffoonry and orangutan-like body language, I was left quite speechless, only managing to mutter 'uh-oh' to myself over and over again. Worried for Britain, I am, indeed. Link to comment Share on other sites More sharing options...
GalaxyMan Posted July 30, 2019 Share Posted July 30, 2019 3 hours ago, PremiumLane said: What you get when the nation (UK) gets hoodwinked and taken over by a bunch of right wing lunatics, who have no idea what they are doing and rely solely on hyperbole, bluster and outright bs Seems to me that the so-called 'United' Kingdom is about to come totally unhinged/disunited. Scotland, gone at the first chance for a referendum. Ireland...interesting to see if they'll finally unify because of this stupidity. Boris, Nigel, et al, <deleted> scum. As bad as the EU is/might be, it's better than what those clowns have in store, which they're making up as they go. They have no plan whatsoever beyond kicking their heels and screaming out, out, out. Link to comment Share on other sites More sharing options...
edwinchester Posted July 30, 2019 Share Posted July 30, 2019 24 minutes ago, BobBKK said: It is pitiful and I get two GBP pensions. Still nothing can be done and no use harping back to 72 THB to 1 GBP, in fact we should not even mention 72 as it's depressing so I won't even mention 72. Yeah I'm cool about having my GB funds virtually halved, all part of life's rich tapestry. I'm just going outside....I may be some time. Link to comment Share on other sites More sharing options...
Mavideol Posted July 30, 2019 Share Posted July 30, 2019 2 minutes ago, GalaxyMan said: Seems to me that the so-called 'United' Kingdom is about to come totally unhinged/disunited. Scotland, gone at the first chance for a referendum. Ireland...interesting to see if they'll finally unify because of this stupidity. Boris, Nigel, et al, phukking scum. As bad as the EU is/might be, it's better than what those clowns have in store, which they're making up as they go. They have no plan whatsoever beyond kicking their heels and screaming out, out, out. sorry but little confused here, thought it was called the (DIS) United Kingdom Link to comment Share on other sites More sharing options...
chowny77 Posted July 30, 2019 Share Posted July 30, 2019 Brexit is just an excuse being used by the BOT. They have been floating the baht way too high against foreign currency and it will come back to bite them. Already there are reports of tourist numbers down plus foreign companies investing in Thailand are slowing. Even domestic spending is slowing down as things are getting to expensive for the common person. If the BOT does not start to fix what they have done Thailand's bubble will burst and it will plunge into the same problem it had in 1997 and the economy will crash! Time to get the old generation out of government positions as they are only there trying to line their pockets before they retire. Link to comment Share on other sites More sharing options...
Lucius verus Posted July 30, 2019 Share Posted July 30, 2019 Local Thai banks& X-booths give you a better rate than the greedy banks back home. AUD k-bank 21.27 Back home the rate is 20.5.Big difference. The pound has been dying a slow death for decades. Its halved in the past several years. Used to be 70- 72 baht. What are UK banks offering? Maybe 35/6. They're worse off than Aussies in real terms. Typically the yanks are faring better due to their gangster currency controlling the world....for now. Link to comment Share on other sites More sharing options...
Farangwithaplan Posted July 30, 2019 Share Posted July 30, 2019 50 minutes ago, puchooay said: 600k a month? 600k is a low for multinational jobs holding a reasonable position. Link to comment Share on other sites More sharing options...
Basil B Posted July 30, 2019 Share Posted July 30, 2019 12 minutes ago, edwinchester said: Yeah I'm cool about having my GB funds virtually halved, all part of life's rich tapestry. I'm just going outside....I may be some time. Time for all British Expats to relocate to ground floor apartments... Link to comment Share on other sites More sharing options...
khastan Posted July 30, 2019 Share Posted July 30, 2019 You are all lucky! My UK pension has gone down from over 34000 baht before brexit to now today 26000 baht and from April 6th next year if the exchange rate continues to fall I will be lucky to get 17000 baht a month. Link to comment Share on other sites More sharing options...
sammieuk1 Posted July 30, 2019 Share Posted July 30, 2019 55 minutes ago, Geordie59 said: The sooner Britain gets out of the EU the better. The uncertainty and scaremongering will be seen for what they and the £ will return to higher levels. Ganja is still illegal here you know???? Link to comment Share on other sites More sharing options...
Isaanbiker Posted July 30, 2019 Share Posted July 30, 2019 Guys, I feel your pain, but other currencies are also down. Euro today: 34.33 baht. What a joke. Link to comment Share on other sites More sharing options...
Isaanbiker Posted July 30, 2019 Share Posted July 30, 2019 1 minute ago, sammieuk1 said: Ganja is still illegal here you know???? You're right. The opposite can/will happen. Link to comment Share on other sites More sharing options...
gearbox Posted July 30, 2019 Share Posted July 30, 2019 38 minutes ago, Longbow212 said: My main point is that pensioners are not the only expat in Thailand or on TV. The article is written from for a very narrow audience. Thaivisa has been a great site full of information if one can ignore the negative characters such as yourself, one good thing about the strong Baht is it will force the undesirables such as yourself out if you don’t die of old age first. Sent from my iPhone using Thailand Forum - Thaivisa mobile app Why such a hate? Hopefully one day you'll get old too. And the chances are you'll be in a worse position. The state pensions may have gone or shrunk to a minimum, and earning money and building a career in Thailand at the moment doesn't look like a great way to pile a significant net worth. Link to comment Share on other sites More sharing options...
sammieuk1 Posted July 30, 2019 Share Posted July 30, 2019 23 minutes ago, theoldgit said: I understand that the Pound is going to be renamed as the Ounce. And drops like a stone???? Link to comment Share on other sites More sharing options...
david555 Posted July 30, 2019 Share Posted July 30, 2019 1 hour ago, PatOngo said: Unless, of course you are earning Thai baht. ???? Or ...if changed that "burning ship of home country money" in "Thai Bulletproof Kevlar" Baht …. like I did ,so 3 years no transferring my E.U. euros anymore (stay nicely waiting there for my homecoming..) , because that suicide U.K. Brexit ….it can last another 5 years ????….. but by then I plan 50/50 home country again and maybe Thailand or Cambodia or any other destination So I am not crying ,but not feel happy anyway as GBP or Euro both suffer by it Link to comment Share on other sites More sharing options...
thirdleg Posted July 30, 2019 Share Posted July 30, 2019 47 minutes ago, geoffbezoz said: Property here or UK ?. In UK then I suggest Brexit won't make much difference to the UK domestic values although in London there may be a short term drop as the financial sector goes through a rapid reduction. Financial sector will hardly change. All that will happen is a few offices pop up in Europe for statutory reasons. Britain is still by far the easiest to do business in the top EU countries and will probably get easier after Brexit Link to comment Share on other sites More sharing options...
PremiumLane Posted July 30, 2019 Share Posted July 30, 2019 1 hour ago, Xaos said: Brits still thinks european immigrants will be gone after brexit. only the stupid ones who believe that inane rhetoric that is the Breixt campaign Link to comment Share on other sites More sharing options...
PremiumLane Posted July 30, 2019 Share Posted July 30, 2019 Just now, thirdleg said: Financial sector will hardly change. All that will happen is a few offices pop up in Europe for statutory reasons. Britain is still by far the easiest to do business in the top EU countries and will probably get easier after Brexit evidence for this? Link to comment Share on other sites More sharing options...
sanemax Posted July 30, 2019 Share Posted July 30, 2019 6 minutes ago, PremiumLane said: evidence for this? Its not possible to get any evidence of a future prediction Link to comment Share on other sites More sharing options...
sammieuk1 Posted July 30, 2019 Share Posted July 30, 2019 3 minutes ago, david555 said: Or ...if changed that "burning ship of home country money" in "Thai Bulletproof Kevlar" Baht …. like I did ,so 3 years no transferring my E.U. euros anymore (stay nicely waiting there for my homecoming..) , because that suicide U.K. Brexit ….it can last another 5 years ????….. but by then I plan 50/50 home country again and maybe Thailand or Cambodia or any other destination So I am not crying ,but not feel happy anyway as GBP or Euro both suffer by it I and probably most Brits will take comfort in solving the water crisis as the flood of tears submerges Bangkok by November 1st???? Link to comment Share on other sites More sharing options...
Basil B Posted July 30, 2019 Share Posted July 30, 2019 37 minutes ago, theoldgit said: I understand that the Pound is going to be renamed as the Ounce. Ouch!!! Link to comment Share on other sites More sharing options...
Longbow212 Posted July 30, 2019 Share Posted July 30, 2019 Why such a hate? Hopefully one day you'll get old too. And the chances are you'll be in a worse position. The state pensions may have gone or shrunk to a minimum, and earning money and building a career in Thailand at the moment doesn't look like a great way to pile a significant net worth.No hate friend, and your points are valid if one isn’t preparing for the future you describe. Thailand for all its faults is making progress and Asia is the place to be for the younger generation. It would be a pleasant surprise to see the exodus of the negative, cynical, chastising characters that try to attack too many members and give this forum a bad reputation. Sent from my iPhone using Thailand Forum - Thaivisa mobile app Link to comment Share on other sites More sharing options...
david555 Posted July 30, 2019 Share Posted July 30, 2019 1 minute ago, sammieuk1 said: I and probably most Brits will take comfort in solving the water crisis as the flood of tears submerges Bangkok by November 1st???? I am lucky ….living floor 11 high Jomtien road ...???? Link to comment Share on other sites More sharing options...
thirdleg Posted July 30, 2019 Share Posted July 30, 2019 13 minutes ago, thirdleg said: Financial sector will hardly change. All that will happen is a few offices pop up in Europe for statutory reasons. Britain is still by far the easiest to do business in the top EU countries and will probably get easier after Brexit Don't know why you are confused! Where are the markets going to go!! https://www.doingbusiness.org/en/rankings Germany 114 in the world for opening a business & France 96/99 in the world for buying property and getting credit. Plus all the other costs of moving + the timezone etc etc Good luck with that!! Link to comment Share on other sites More sharing options...
worgeordie Posted July 30, 2019 Share Posted July 30, 2019 My UK pension is a pittance,as i chose to retire at 42, so i just leave it there,to use for buying bits and pieces that i need from the UK. I suspect speculators have a lot to do with the moments in several currencies,the question now is will the £ hold at 37 and how much longer can the THB stay so strong, I think if some tighten their belts any tighter they will be cut in half,on the bright side it can only get better....can't it ! regards worgeordie Link to comment Share on other sites More sharing options...
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