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RE: Hidden Paradise | The best place to unwind.
250 000 USD for the opportunity to retire in Thailand? Oh, wow. I guess the country will have an exodus of foreigners now. I might be wrong, but I can imagine many other countries around welcome elder immigrants for much less, if for anything. Also, while having an extra 250k, I'd rather stay in my own country and just make many trips to interesting places, including beautiful Thailand or equally beautiful Philippines.
That's right. There can be many reasons for this attitude. But generally the answer is that the political power in Thailand has been seized by morons. :) The country is ruled by an authoritarian usurper prime-minister. All such regimes prefer closing the borders.