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What is Thai dating culture like?
Two of the biggest gold diggers I met were nurses. One even had a friend warn me of said nurses intentions and informed me that she was just looking for a Farang because she had 2 million baht in debt from a failed business venture. My experience has been that the women with the government, nursing and teaching jobs have easier access to loans and therefore are carrying the highest debt loads. -
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Phuket tourists smash wheel lock with rock, sparking outrage - video
Absolute BS as usual. The Phuket town police lock up all illegally parked motorcycles and cars, the locals follow the laws or are fined. -
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world wide income taxation update
I accept this, and for those that are "trapped" by the Thai government, due to emotional and financial attachments in Thailand, they have upped the price to remain in Thailand, without providing any added benefit for paying the extra money. Some will stay, and pay. Some will leave for 6 months, alone, and not pay. Some will leave for 6 months with the missus, and not pay. It all dependent how much one remits, thus, their lifestyle here, and whether they still believe Thailand is value for money. Everyone's circumstances and financial capacity is different. For example, I spoke to a friend last week who is going down the route of the condo is in the girl's name, but so is the mortgage. She leaves him, the bank takes the condo back. Sure, she could go back to the bar and try to replace him, but that's not so easy these days, and she's not so young anymore. He can pay for this condo easily, but it's all about keeping the girl honest. His remittances for mortgage payments will be taxed, making it more expensive, so, he's sitting back to see how this unfolds, but if this tax kicks off, he has told me he will have some big decisions to make. He's not the only one facing some big decisions. -
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Who lives without family?
I agree for when it comes to the travelling, but not for the performance. -
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Thailand Eases Long-Term Visa Conditions to Draw Wealthy Foreigners and Digital Nomads
They're already here--with plenty more on the way. Pattaya certainly has them. Mercedes just opened a fancy, new dealership--and I thought the 'old' one--just a few years old--was quite nice. That one will be for used Mercedes--apparently enough of a market here that it needs its own space. Just about every other luxury car brand has also set up shop, along with a number of the Chinese brands. From Audi to Zeekr, they're here. Beachside, Arom Wongamat is selling smallish 82 sqm 2-bedroom condos for 16MB. That's 195,000 baht a sqm. Copacabana, a fairly new project in Jomtien, has even smaller 72 sqm 2-bedrooms for 18MB. That's 250,000 baht a sqm. Back in Wongamat, a new project just getting started called Once Wongamat, near the Circle, will have high-floor 73 sqm 2-bedroom condos for 19.3MB, 265,000 baht a sqm. That project will supposedly be the tallest in the Pattaya area. Several other mega condo projects, likely equally pricey, are under construction or soon will be. Just for comparison purposes, the 1 bedroom/1 bath condo my spouse and I owned at Northshore was 79 sqm and neither of us thought it was especially spacious. Paying about double for about the same space as our very nice NS condo means you are attracting some affluent buyers. As someone who knows a little bit about condos in Pattaya, I am rather astounded that these super-pricey projects have been built with these breath-taking price tags, for not especially spacious condos--and with more proposed. Over on the Darkside, by Lake Mabprachan, D-Space III has pool villas for sale for 49MB. Siam Royal View has a house listed for 189MB, as well as a number of others ranging from 23MB to 150MB. One of the larger projects on the Darkside, the starting prices at SRV are now around 18MB for some of the original smaller homes. As dear old Dad used to say, 'Too rich for my blood.' There are new housing projects scattered all over the Darkside, which is a booming area. Many of the new projects have starting prices of 12MB or more. One example of what is happening on the Darkside: The Baan Pattaya company has built 6 projects, all successful. The first 6 projects had houses with starting prices under 10MB, with somewhat escalating prices as the projects were built and material and land costs rose. Baan Pattaya 7, just breaking ground, is a departure. The houses will have a completely different look and the starting prices will be much higher--14MB. This points to where the single-family housing market is heading in Pattaya, with builders targeting the more affluent buyers who are either relocating to Pattaya or are investing in luxury property to rent out--also a growing market here. Just scratching the surface with my remarks, but it is indeed eye-opening when my spouse and I drive around and tour some of these really nice, new high-end projects, which we have been doing a lot of lately. We could probably visit a new project every week and never run out of new ones to visit. To conclude with what I started with, the affluent foreigners are already here--and have been here for years. Some are my neighbors.
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