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huanga

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Posts posted by huanga

  1. Not until genuine democratic elections are held.

    ...and not until martial law is lifted... The current junta still feels, and rightfully so, that the political divide has not been mended yet. The martial law is used to curb a lot of political activities. However, for any tourists who is not well versed in the political landscape of Thailand, the mere mention of martial law (like a tag that you want to shed) will turn them off. Besides, the recent bad publicity on the crimes here kind of compounded this woe.

    The junta is doing a lot of right things, cleaning up the beach vendors, sidewalks, taxi mafia, jet-ski mafia, etc. But is it enough for this year to turn it around?

  2. I assume you and your wife are both non-Thai? If this is the case, I'd highly caution you of trying to build up a real estate portfolio here. The policies are fickle and offer almost no protection to non-Thais. Condos in Bangkok, at least based on my experience, are easy and fairly tempting to purchase, due to the excessive marketing, but difficult as hell to unload. I'd rather look into other investment that offer more liquidity, here in Thailand or elsewhere. But if you really want to buy into condos here, go along the BTS routes, present and future plan. But with that said, I highly doubt that 1mil-2mil will get you anything worthwhile.

    Not to sound like a super paranoid. I believe your goal of investigating this stream of revenue is probably trying to create passive income and personal wealth. As a foreigner, I definitely would like to keep a low profile. Owning many condos/real estates here might just attract you unwanted attention. However unlikely this might sound, but just be careful....

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