Greg and Ed discuss the massive influx of Russians (and some Ukrainians) into Thailand, particularly the island of Phuket. Numerous stories have been written in the last year about the unusually high number of long-stay tourists and expats who appear to be escaping the conflict in Europe, some even calling the trend an ‘invasion’. No doubt the sunny climes, pleasant smiles, and great food of Thailand provide a tempting alternative for those who have the means to make the journey.
Ed begins by noting that the Tourism Authority of Thailand seems to be welcoming the growth in tourism that the wave from Russia represents. Concerns over rebuilding after COVID are largely over - Phuket in particular is largely swamped and certainly the economic benefits are welcome after the several years of privation due to the pandemic. But are there downsides? A recent article notes that the average cost of condos in Phuket has doubled in recent years and that in turn has affected the rental market. Simply put, if you are planning a trip to Phuket these days, expect a significantly more expensive venture than in years past.
Another problem according to the news is Russians building their own self-sustaining communities. While understandable, some have turned to work that violates Thai laws restricting certain professions to Thai citizens, such as working as tour guides and real estate agents. Greg notes that fast changes such as this are very likely to draw a response from the government, which appears to be forthcoming given the amount of press the issue is receiving. At the very least, Greg points out at least one listener of the podcast who had previously been planning a trip to Phuket but who has now reconsidered.
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