I am a U.S. citizen, residential expat in the Kingdom since May, 2010. Thailand is my fourth expat location experience since 2006. I love Thailand, and cannot fathom any other retirement location, except the Isle of Crete, in Greece, for the following reasons:
AFFORDABILITY – Thailand's infrastructure is definitely First World level, with a few, minor, yet tolerable exceptions, by comparison. For example, I rented a 60 sq.mtr.(fully-furnished), 2 bdrm condo, w/ balcony view of the Gulf, and Olympic-size community swimming pool. The rental contract was a 1-year, open-end lease/purchase option @ ฿10,000./mo.
At the end of that 12-month period, I opted to purchase my condo for the outstanding balance of ฿950,000, or total purchase price of $33,500.(US). A real "no-brainer", unbeatable bargain price, compared to any other location on this planet.
PUBLIC SAFETY & SECURITY – Granted, there is always the “thieving” criminal element present, in all societies. However, Thailand (by far) is perhaps one of the safest “on-the-street” countries (except for occasional Thai pick-pocket duo), for Western retirees. Thai people are a well-behaved society, over-all, and Bangkok is one of the safest “Big Cities” on the planet.
Now, the flipside of the Thai coin, is, that “con-artists” do abound in the Land of Smiles, and not just from within Thai cultural environment, either. Thailand's “open-door” policy seems to attract some of the most sophisticated “rooks” the Western world is capable of producing.
By comparison, the Thai con-artists are quite cleverly sophisticated, within their own realm of consciousness. However, Thais are more easily dealt with, especially when the foreigner has not allowed his testosterone to over-ride his mental faculties.
PUBLIC HEALTH & FOOD – Thai cuisine is the most diverse, best-tasting, and sophisticated in all Asia, in my experience. Despite the fact that Thai street food vendors (like most Asians), seem to have a penchant for handling money, and then, immediately handling your food, without first washing their hands in the process.
However, I am happy to report that I have never become stomach "fly-larvae hatching” ill from any food I've ever consumed from a Thai street vendor, anywhere in Thailand (knock-on-wood).
CROSS_CULTURAL RELATIONS - Honestly, I allow wisdom to prevail, in this regard. I duplicate the general Russian expat approach, and keep my personal farang life simple, and close to home.
Beyond the occasional, rotational purchase of native consumer goods and/or professional services, I neither seek, nor accept any opportunity to develop a personal relationship with the natives. :-)
Conclusion - Thai people have a truly great country, and over-all established system of things, with tremendous grow potential. Seeing what my American eyes can see in Thailand, and knowing what I have come to know about Thailand.
I am respectfully impressed with the keen level of solidarity, prevailing among the Thai people. despite the multiple levels of social segregation within their society. I am actually jealous of Thai people, but only in a friendly way. Cheers to all.