I follow a few YouTube channels that talk about expatriation to Asia. And for a little less than a year now, it has become clear that the governments of Southeast Asian countries are starting to be less and less welcoming to Westerners.
First, the cost of living is skyrocketing. It's still very favorable. But it's already significantly worse than it was a few years ago. Second, very recently, problems with bank accounts have arisen. It started in Thailand, with a hunt for accounts opened with visas that are now considered incorrect, whereas just a few months ago, total tolerance was the norm. In Vietnam, for the past few days or weeks, banks have been engaged in a hunt for inactive accounts under the pretext of combating money laundering and the lack of updated contracts. Indeed, these now require biometric data. The goal is to close 86 million accounts considered suspicious out of the 200 million that exist in Vietnam. As a result, a huge number of Western expat accounts have been closed. And it's apparently been the same in Japan for the past few months. Furthermore, Thailand's tax system, which was very favorable for expats, has become significantly less so over the past year. Finally, controls on financial and legal arrangements for purchasing land in Thailand have tightened.
There was also a small outbreak of armed conflict between Thailand and Cambodia in May, then in July. There have been riots in Indonesia and the Philippines since the beginning of the year. In short, in Southeast Asia, the situation is suddenly much less peaceful.
The situation still remains favorable for Westerners. But the important thing is the trend. If the situation has worsened so much in a few months, what will it be like in 3, 4, or 5 years?
Of course, people wonder why. Regarding bank accounts, one explanation would be that these countries are aligning themselves with Western countries because they are seeking respectability or something like that.
Except that makes no sense. Why would Asian countries care about Western banking and tax rules? Remaining very liberal when it comes to opening bank accounts allows them to siphon off phenomenal amounts of money. Money that the bank makes grow, of course. It earns interest. So, it's in their best interest to remain very tolerant. Especially since the West apparently doesn't criticize them for it. We haven't had an extremely hostile campaign against them, like there was against Switzerland 10 or 15 years ago. They decide on their own to do without this gigantic mass of money, without external constraint. Incredible.
Similarly, making life increasingly difficult for foreigners will cut them off from a huge source of income. Yet, we're being sold on Southeast Asia as having become totally capitalist and only caring about money. So, they should continue to encourage the arrival of wealthy foreigners in Southeast Asia. On the surface, none of this makes any sense.
But, it actually makes sense. I've talked about it before. Since the elite that rules us wants a war in Europe and the USA, it's absolutely essential that Europeans and Americans are not able to escape. Otherwise, there would only be white people over 80 left to wage war. And since it's the white people who are going to win this war, there would be a credibility problem. Which means that, from the start, the elite had planned to close off all areas that were more or less livable (cheap, relatively safe, welcoming, etc.) to Westerners.
So, as expected, the elite is starting to restrict access to Asian countries so that white people can't escape to that area. Since the entire world is under the control of the elite, they have no problem doing this. Southeast Asian governments obey the elite like all other governments. So, access to Southeast Asia will become increasingly difficult, and living there will become less and less financially attractive for Westerners. The region will most likely become increasingly unstable (riots, wars), and even increasingly hostile to white people (nationalist or even racial policies). This will deter Westerners from coming, and it will drive away those who are already there.
And we can be sure that South America will follow. It's the last possible refuge. Because Americans and Europeans obviously won't go to Africa or the Middle East. So, South America will quickly become unwelcoming to Westerners. And they will have to stay in Europe and the USA and participate in World War III.
For the USA, the mind-boggling measure of continuing to make expatriates pay American taxes is in line with the same idea. It serves to dissuade a significant proportion of potential emigrants from doing so. Logically, some European countries seem to want to implement the same type of measure.
