Leaver

It can't stay at 800k forever, but as long as corruption allows agents to be used, and why wouldn't that continue, there's no need to even bring 800k into Thailand.

Thailand's track record of treating animals in captivity is poor, so you can imagine how Thai's in general treat animals, but shooting a trapped baby elephant, multiple times, is just despicable.

Probably something The Nightwish Group could have considered. Instead of buying 28 bars, with 28 different properties to maintain, and with many different Thai landlords and key money to pay, maybe they could have leased a small hotel in a central part of Pattaya and turned the rooms on the floors into bars, had the rooms on one floor for short time rooms, and a floor for customers to stay in for their holiday. Downstairs could have been a restaurant by day, and a larger bar by night. A room / office for their visa service / law service etc, and some rooms for the girls to stay. All under the one roof, and a streamlined operation to minimise expenses.

Only a matter of time.

When a Burmese or a farang commits the crime, they keep it in the media, but when it's a Thai who commits the crime, it's quietly forgotten in the media.

It could be the opposite way around. Wealthy Thai's go to the Bali Hai Port where they get on a cruise ship that heads for international waters where the onboard casino opens up. The ship returns later that night, or possible the next day.

The old saying again, only bring the money into Thailand that you can afford to lose, and that includes your visa seasoning money. Third world country with a third world banking and judicial system.

Probably.

Living the dream. ????

Will these vehicles have enough electricity to power the taxi meter? ????

Sounds like another big cash burn. How long can you stay in the game?

Yes, definitely only worth 200 baht a day, not 300 baht a day. So unprofessional. ????

What's a World Class Tourists Resort without crane machines? ???? What's next, Connect 4 and Jenga? Meanwhile, prostitution continues to be illegal. Thailand is such a progressive country. ????

OP, would you have started a thread if she handed over his money?

Never even thought about it. I couldn't think of anything worse, especially in the latter years of one's life. Dealing with Thai prostitutes and their issues, corrupt police, greedy landlords, thieves, drug addicts, drunk tourists, and Thai bureaucracy for work permits and licenses. Why would one enslave themselves, particularly to a Thai landlord?

It's been costed out in many posts, in many threads, in the past. Here's a cut an paste from a post I made recently. "The main reason is financial, and not because I can't afford it. I remember some time ago I posted a more detail analysis, but I will give brief details in this post. My 800k baht equivalent is in a fund in my home country earning around 6% per annum. It's not an aggressive fund. 800k x 6% = 48,000 baht a year. It's liquid, and in a country where I hold citizenship and have rights, has a developed financial system and judicial system. At the time of this post, Kasikorn Bank is offering 0.40% interest on deposits under 10 million baht for a 12 month fixed deposit. 800k x 0.40% = 3200 baht per year. The money is locked in for 12 months, and whilst some leave the 800k in a regular savings or transaction account, using it and going under the 800k, many leave the 800k in the Thai bank, untouched, perpetually. I pay 20,000 baht to the agent. He does the lot. Nothing for me to do. Many argue that their extension only costs 1,900 baht, but to me, their extension costs 42,900 baht. 48,000 - 1,900 - 3,200 = 42,900 baht. This makes a Thai visa / extension expensive, not for the cost to immigration at 1,900 baht, but for the criteria / hoops you have to meet to be able to pay the 1,900 baht. Eg. leaving 800k baht in a Thai bank. Having the 800k in a Thai bank exposes you to more risk in the Thai banking system. Eg. a run on the banks. Also, some issues getting the lump some money out of the country can arise. Maybe Bangkok might order "a haircut" on accounts. Who knows, but if such things happen here, what can foreigners do, sign a petition? ???? I'll chose not to give a Thai bank a cheap loan of 800k, just so I can "do it myself" every year, thinking I am only paying 1,900 baht to immigration. ???? Here's the thread. The discussion on this point starts around Page 11.

As you constantly compare Pattaya to Orlando, and Tyson's, I'll give you a simple example, hopefully one you can understand. Remember the shops selling hamburgers in Orlando? There were many, I'm sure, which gave consumers variety, as each shop made their burgers a little differently to the others. Then, along comes McDonalds to Orlando, which was no doubt, successful, so successful to the point that it put all the other hamburger shops out of business. Basically, globalization, but on a micro level for Orlando.. This development is like the McDonalds of the day in Orlando. It very well may be a success, but I have asked you many times, and you have refused to address the question, what of the lost investment in similar businesses elsewhere? Does their money not count when discussing "investment in Pattaya?" I do see your point, and I am not arguing whether this development will be successful, or not, as it very well may be a big success. You initial post, some pages ago, was words to the effect "this development is a good investment in Pattaya." It is this that I questioned. Once again, when you used the word "investment" that relates to money, cash, baht, the folding stuff etc, not the bricks and mortar. A development of this size and scale will no doubt see several businesses in Central Pattaya close, some small, some big, but close they will. Your argument is, other businesses will take their place in those vacant shops. My argument is, just how many Levi's jeans shops, for example, can Pattaya support? Considering Central, T21, and this development, will all be in close proximity, I can't see Levi's having a shop in all of them. So if Levi's moves into this development, what becomes of their shop in Central? You say some other business will go in there, and that may be the case for some vacant shops, but many will remain closed. This was happening pre covid. I don't know what percentage of tenants Central and T21 need to keep the lights on, and you can forget about a return to investors. Say it's 50% occupancy to remain in operation. That's a half dead mall to me, with certain floors being closed off, gathering dust, to create the illusion of a thriving mall. That's a big loss to "investors." I exercise regularly. I have no doubt this development will have a health and fitness centre. It will be big, new, air conditioned, have many of the latest machines, sauna, spas, cafe etc etc attached. It will be the best gym in Pattaya. They will probably have a promotion period which will last 12 months and offer a great price. Many, if not most, of the members of surrounding gyms will join. Is having a great gym in Pattaya a good thing, of course it is. Will I join, most probably. Will many of the other gyms in the area go broke, definitely. So, once again, I ask you, what becomes of the "INVESTMENT" in the other gyms? What becomes of the vacant gym buildings around Pattaya? I see their lost "investment" and vacant premises. You just see a new great gym in Pattaya, and that's fine, when discussing the building, the structure, the machines etc, but your word, initially, was "investment" and I merely pointed out a development of this size will see other businesses around it, big and small, either lose their investment, or see its value significantly decreased. As for your comment about the thousands of condo's on the market for sale here not having an impact on the value of yours, should you want to sell, it's simple supple and demand market forces. Whether or not people can hold out for the price they want is irrelevant. "Time on market" even pre covid was ridiculously long, unless listed at an absolute fire sale price, and, the whole time properties were listed they keep building more and more. There are other factors at play as well, like the Thai's reluctance to buy second hand property. I simply disagree with you there was, pre covid, a thriving property market here. In my opinion, there is a massive over supply.

Really? I own a few properties, on three different continents. As for retail, I know what I see, and that's empty shops. I'll take your post as a no response.

Are you a tourist?

I'm sure shopping in Big C for lamb chops would be the highlight of a tourist's holiday here. ????

Many individuals (domestic migrant workers) and businesses here are about to enter into their most expensive time since covid. Their expenses will return to pre covid amounts, yet their income will not meet their expenses as tourism will not be back into full swing until well into 2022. Some individuals may resort to crime.

Most did. Do you deny this? Quite the contradiction. Sure, but was that the majority? I think not. Are you suggesting it was? I agree, it is a positive, but as you say, domestic tourism will not sustain Pattaya, so where to for Pattaya in the future?

What else does Pattaya have to offer, other than getting plastered and laid? You certainly wouldn't come here for the beach.

Your place has to open as a restaurant, so the member said post the menu, as in, the food menu, because it's not opening as a bar. ????

Ok. Interesting. If a premises can be licenced for more than one purpose, I wonder why some restaurants don't become gentleman's clubs (bar) after the kitchen closes. Many of the restaurants have a good setting for that type of business, and perhaps some customers would stay after their meal and continue drinking and partying with the girls. Probably more lucrative than selling food. Lower the lights, move some tables around, close some curtains. Job done. Bars becoming restaurants, and restaurants becoming bars. Interesting times ahead.