Land is dirt cheap? Lmao
Compared to L.A ..maybe.
Agri land is 10 times or more expensive here than the average western country.
1 mil per Rai is not unusual here in the south....far away from the sea and from a town
This can happen in the new plot of land too.
Also remember...conflict resolution is terrible here.
You think the authorities will step in (in time) to stop someone building inches away from your wall?
Not gonna happen.
..and you will get an enemy for life.
Although recently turned vegetarian..
1. Chicken massaman
2. Kaeng tap wua.... If I remember it correctly
A tamarind-paste based mild curry with cow's liver.
A southern dish I presume.
3. Grilled catfish with sticky rice
We are still alive ,as farangs, by pure accident.
Interacting with Thais is like walking on eggshells , with the myriad of taboos here.
Now I know why we never seem to have any thai friends. ????????
Ok...you assume the op will be a 'silent partner' in the biz which will be registered in the Thais name.
..and he will be putting zero work in it .
Yes...in this setup it can be done.
Good luck to him...he will need it.
Btw...where has he gone? ????
If he is here on a Mickey mouse visa he can't work....and virtually impossible to get a work permit or permitted by the authorities to open/operate a small biz.
Issue has been done to death.
Someone else can chime in with some more details.
Thailand is NOT a place for immigrants.
Hands firmly tied behind our backs here.
If the 'friend' is a romantic interest of yours, if and when the relationdhip goes south, kiss the biz goodbye too.
There are also the legal challenges you mentioned (immigration related) but you can figure out those easily.
The only potential problem is over-zealous officials ,on the Thai side.
Zero issues with the Malaysians ..ever
Btw..better carry the 20k in cash,. If you have a history of border runs
Hi
Man-bites-dog item here..
Ever met any farang who netted a rich Thai woman?
The topic only refers to farang men, not women (sorry ladies)
I use the term golddigger very loosely..from the guy who wasn't necessarily after money to the downright scammer and everything in between ????