CM Immigration Q&A (2018)
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22
Dealing with the inevitable demands for money from a Thai
Thanks for that enlightening reply. Why would she want a new bike, she has a car, and a house. May be you bought her the house. -
175
BBC in Trouble again.
Whoever was heading the programme that day was in charge and could have pulled the plug immediatly leaving the screen blank till a feed was brought back and programme back on Air, they did neither so who ever was in charge that day and who made the decistion to carry on filming him should be asked why he let it carry on. -
22
Dealing with the inevitable demands for money from a Thai
I think the term 'bar girl' is a spectrum rather than a single type of person. Sounds to me like she's not that different to a classical bar girl in her financial expectations. A real partner would know your current financial situation and not ask for money. Long distance relationships are challenging with a trusted partner, and near impossible with someone you need to keep in their place. -
13
Travel EU Visa Requirement for Thais Remains Unchanged, Ministry Confirms
Use a dinghy, throw you passport away, and you get easy access to EU soil, free b&b, medical care, social benefits. This is how it works in EU now. -
7
Do Phuket condos actually go up in price over the years?
I can't speak for condo prices in Phuket as I don't know that area. Spouse and I have sold 2 beachfront condos in Rayong, both at a modest profit. That was years ago, in 2010, when we first came to Thailand. We have also sold 1 condo in Bangkok, an empty condo at a new project that we bought off-plan at a good price before construction started. We fixed that one up really nicely--one of my favorite small projects--and sold it after about a year when we realized it was a bit too small for us and a bit too far a walk from the nearest subway station. Netted a small profit as there was no agent involved. That was 2019. Most of our condo sales, about 20, have been in Pattaya, starting in 2011. As with Rayong, we always bought seaview. That was key, I believe. About 7 of those sales were empty shell studio condos of 48 sqm that we bought from a developer called View Talay, in 4 different projects, done from 2011 to maybe 2014. We did what I think was a nice job of finishing and furnishing the condos and we were able to sell them rather easily and make a profit on them as, at that time, View Talay did not have a lot of competition for seaview condos in prime locations. As with Bangkok, we also bought, one at a time over a number of years, 9 Pattaya condos off-plan, before construction started, and got a good price on them. I would only recommend doing this with a big developer with a good track record--we bought with Sansiri, Lumpini, Raymond Land, and SC Asset, plus one no-name developer, the first, that, luckily, got the project finished. Would not do that again. Live and learn. Although the condos were new, we liked to tweak them to make them better and as attractive as possible to buyers, We sold them after living in them for around a year, with a number of those 9 also being rentals that we didn't live in but also ended up selling. We also did some older condo full renovations. We picked bargain condos with seaviews in desirable projects and made a profit on all of them, although some condos, generally the larger and more expensive units, made more money than the smaller ones. Greater risk but bigger payoff. We have since moved on to houses, both to buy and sell while we live in them. We switched to houses during covid and we will be making our 4th house sale this Friday. Although our experience is not typical, we are certainly not the only ones who have made some money buying and selling property in Thailand--every time I go to the Land Office in Pattaya it is packed, with hardly an empty seat. The land office here recently moved to a new facility--in the middle of nowhere--and it seems they have already outgrown it. Having said all of the above, there's definitely a chance that you could lose some money, or just break even. We had some luck, in some cases some good timing, but, primarily, we managed to buy almost all of the condos and houses at a low price, which made making a profit a lot easier. The 'ol buy low, sell high. For us, though, it has never been about the money, either here or in the US, where we did the same thing on a smaller scale. We simply really enjoy being property owners, not renters, creating our own, unique spaces to enjoy living in, for a time. We would buy, as we recently did again, even if it was highly likely we might lose some money or only break even. Life is short.
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