Pattaya Expat Market in Steep Decline

[Dodger]

According to recent surveys the Pattaya expat market is in steep decline. To put this in perspective one has to realize that the foreign market as-a-whole is in steep decline because of the pandemic. No mystery there. The reasons cited in the article below include the rising cost of living, fears that hospital treatment would bankrupt them (expats) and the fact that “Thailand isn’t what it used to be” for various reasons. You’re kidding!

They forgot to mention the fact that people haven’t been coming here to retire for 2 years now – and the ones that are here now are gradually taking leave. Just a thought!

The strategy to overcome this decline is to attract super-wealthy foreigners to take their vacations and/or retire in Thailand. Wow…what a fabulous idea!

Wouldn’t it be great to see Brad Pitt sunbathing at Jomtien Beach, or Lady Gaga shopping at Big C Extra. “Oh”, “wait a minute”, right now they can’t even attract poor people to come here for vacation, not in any sizeable numbers anyway, so I just wonder how they plan to accomplish this. Will they offer them a lifetime visa for a one-time non-refundable payment equal to financing a multi-million dollar estate with its own golf course on Maui? Or giving them each a rare white elephant with their name engraved in gold on its skull? Or taking them for a tour of the newly revamped Walking Street with its freshly-painted swing set for toddlers, and host of new bingo parlors with wheelchair access and free cotton candy for the super-wealthy jetsetters?

Truly wealthy people like to be pampered like modern-day Caesars. They relax playing golf on world-class golf courses, prefer swimming in pristine turquoise waters with breathtaking views, and dine on gourmet cuisine prepared by Michelin Star chefs. They already vacation at the most desirable paradise locations in the world, e.g., Maldives, Fiji, Bali, Ibiza, Monaco, Seychelles, Hawaiian Islands, Florence, Saint Tropez, etc., etc., etc. I just wonder how Thailand will change their minds and convince them that Thailand is the place-to-be.?!?!?!?

https://www.pattayamail.com/latestne...-expats-388987

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