Transcript of the above video:

As the title of this video suggests, we are discussing Thai Retirement Visas and we are discussing what I am kind of calling exchange rate and inflation arbitrage. So, what are we talking about here? Well especially for Americans, or anybody who has like a fixed income or a pension or is actually earning money or is deriving benefits off of Investments, any folks that are in Dollars, Dollar denominated, so this is probably going to auger better for Americans than most, but the Dollar is very high against the Baht right now. Now that said, I understand that inflation is a real problem in the United States. We are starting to see inflation issues here in Thailand albeit relatively low scale inflation comparatively to some other jurisdictions. I am not saying inflation here in Thailand isn't a problem because it certainly can be especially for the folks that frankly are living hand to mouth and sort of in the lower echelons of the economic strata. That said, overall I think inflation is probably in a better place here in Thailand compared to other jurisdictions. 

Now what are we talking about about arbitrage here? Well if you have dollar assets or you are making income in dollars and you are looking to retire, Thailand might be a pretty good place to look because again the exchange rate is very favourable to those coming in with dollars and again inflation is not nearly as rampant I think here in Thailand as it is in other jurisdictions. So for those reasons, I think there could be almost sort of an arbitrage where it is like, look I move to Thailand; I use my dollars there; they take me further in terms of cost of living and I get to live in a nice place. It's warm etc., etc. and also, I am not dealing with the inflation of back home. It is kind of a win-win I think. If I was at a retirement age at this point, I was looking at Thailand, I was concerned about inflation, I mean I personally don't think this trend is going to overly reverse itself anytime soon. Now I am no economist, I don't have any crystal ball, I can't tell you exactly what is going to happen but it seems pretty logical to me that things will probably tick along like they are at least for the moment, for at least a while yet to come. 

So for folks who are looking to retire or even looking to come some place to have a look at retiring, I think it would be a good idea to come, I think Thailand is a good option because of this kind of weird situation with regard to the Dollar, the Baht, and the inflation situation, Thailand might be one of the better places in my opinion to retire in, definitely in Asia, and possibly the world.