“If they had big pensions, they’d stay in Spain” — Pattaya retirees stay not for temples or sunsets, but for reasons money can’t always explain. (Photo by Jetsada Homklin) PATTAYA, Thailand – Foreign retirees in Pattaya are often portrayed as carefree figures, sipping cold drinks on sun-drenched terraces, but the reality is more complex — and increasingly shaped by economics. As inflation bites and local prices climb, many are re-evaluating their decisions, questioning whether Thailand still offers the value it once did. In truth, retirees have every right — and full awareness — to choose where they spend their final chapters. For some, Pattaya’s appeal lies beyond beach sunsets and Buddhist temples. It’s about companionship, familiarity, and a rhythm of life that’s grown comfortable over the years. But many also admit that if they had generous pensions and the ability to spend freely, they might not be here at all. Countries like Spain, for instance, often offer similar climates, better infrastructure, and arguably cheaper day-to-day living — without the need to adjust to cultural differences or long-distance flights. That calculation becomes even tougher for those on fixed incomes. A flat pension, once enough to live well in Thailand, now struggles to keep pace with rising rents, bar prices, and medical costs. While Pattaya was once seen as a budget-friendly alternative, some now find themselves searching for places even cheaper, whether in Thailand’s northeast or beyond. Critics argue that the stereotype of the “retired foreigner” in Pattaya — disillusioned, broke, and clinging to outdated dreams — isn’t entirely off the mark. It’s a harsh assessment, but not one without merit. Others counter that such portrayals ignore the emotional and social reasons people stay. They might not be wealthy, but they’ve found a life that suits them — even if it’s far from perfect. Ultimately, Pattaya doesn’t promise the paradise it once did, especially for those who lack strong financial footing. As the city evolves, so too must the expectations of those who’ve called it home for years.