Thai media reports foreigners ready to make Thailand "their second home"

[Fex Bluse]

24 minutes ago, connda said:

Thailand's economic pivot toward China and Russia will not sit well with the Five Eyes countries.  Uncle Tu may well be threatened with future sanctions. 

 

I agree but not sure they care? Thailand is a smallish country in the global economy and not very significant in any important metric - other than rice and sex.

 

Thailand could easily support it's entire undeveloped, mostly agrarian economy with China and forsake the west almost entirely. 

 

Again, the economy is not very productive, so not much slack to take up.

 

China will buy all the rice and durians, and the working girls will be all too happy to provide their services to Chinese men in place of us Farangs -- despite how much the girls have lied to us that they only like us big, fat Farangs.

 

[Isaan sailor]

Looks like they took their eye off the Baht. It’s rising faster than a bar girls dress.

[bipper]

5 hours ago, Misterwhisper said:

 

This image really lends the article a touch of trustworthiness. Well done, Thai Rath!

Very Thatcheresque ???????? "Loads of Money".

[tomyami]

Chinese will pump and dump they went into Cambodia where evicting locals from there homes in areas they developed they will take what they can and leave, unlike the many good farang who stayed even until he lost everything or was broke.

As for the available little sexy brown girls they are no more.

High baht, bad service, dirty environment and stray dogs its over.

Anyone please buy my condo...

Edited May 24, 2021 by tomyami

[AlfHuy]

2 hours ago, redwood1 said:

 Yea why don't we ever hear of Indians buying condos.....Don't Indians ever buy condos?

 

Also do you ever hear of Russian restaurants? And just a very few Chinese restaurants......But boy the Indians love opening restaurants.....Loads of them.....  

Yes, a mate from India just opened a Chinese Restaurant in Thailand with his Russian wife. Very international.

[KannikaP]

6 hours ago, Surelynot said:

100%.........you have to be mental or have money to burn if you buy.

Unless, like me, you built a lovely home 12 years ago to share with my lovely wife. 

Thailand is never going to be my second home....it is my first, and probably last.

[DJ54]

We bought a place 5 years and live here full time.. I like it here in the countryside... 

[hotchilli]

7 hours ago, webfact said:

Thai Rath had a feature that suggested foreigners - especially potential Chinese and Russian condo buyers - were desperate to come to Thailand to snap up property.

 

[Petchou]

6 hours ago, DirtyHarry55 said:

Know quite a few Expats who were forced out because they couldn't meet the Visa requirements even though they had family and or property here.
My advise is sell up and rent you never know when this government will change the requirements and kick you out.

The golden rules to invest anywhere is:. Political stability, trusted justice system, very safe place, scammers are severly punished and investors well protected and laws are fair and don't change frequently in favor of locals only, standards for visas etc must be clear and follow international rules.

Foreigners have same Rights and protection as locals.... If these minimum rules are not in place, don't invest a penny 

 

 

[hotchilli]

7 hours ago, webfact said:

They wanted to make Thailand their "second home" they suggested after a survey was carried out. 

If they're looking for a second home or investment much better places than Thailand.

[Fex Bluse]

23 minutes ago, AlfHuy said:

Yes, a mate from India just opened a Chinese Restaurant in Thailand with his Russian wife. Very international.

 

On first read, looks like a money laundering business LOL (just kidding)

[BritManToo]

6 hours ago, Surelynot said:

100%.........you have to be mental or have money to burn if you buy.

I found a mental Thai lady to buy a House with a 90% mortgage in her name.

I assume SCB have money to burn!

[AlfHuy]

5 minutes ago, BritManToo said:

I found a mental Thai lady to buy a House with a 90% mortgage in her name.

I assume SCB have money to burn!

Please send me her details. Would be interested to get to know her a bit deeper.

[Pattaya Spotter]

2 hours ago, dinsdale said:

If you think getting money through corruption and organised crime is ok that's up to you.

Is that what successful non-Western people are called now...corrupt and criminals? 

[BenDeCosta]

If they want foreigners to come and "make Thailand their second home", then why do they insist on enforcing such ridiculous and onerous visa policies, with 90-day reporting and TM30s? These things push foreigners away, make them feel unwanted.

 

I am on a marriage extension, every year I have to provide and sign over a hundred sheets of paper, have to visit the immigration office every 90 days because their website doesn't work, and have to report whenever I am staying somewhere other than my registered address. Criminals released from prison in the UK have an easier time. Maybe if they relaxed the rules a bit, more people would come.

 

And don't give me that "good guys in, bad guys out" rubbish, because from where I am sitting, there appears to already be a lot of bad guys in Thailand, and I'm not talking about farangs. They don't do any kind of criminal checks on people coming to live here, they just ask for dozens of documents, which have to be in the right colour ink and not creased. Which is why criminals are still getting in. It's a bit of a joke.

 

But Thais won't take advice from foreigners because it causes them to lose face. I would say that it is their loss, and they only understand money, so when people stop coming and spending money, maybe they'll be more interested in understanding how to do things better, but I will almost certainly be dead by then.

Edited May 24, 2021 by BenDeCosta

[AlfHuy]

[Moonlover]

6 hours ago, Daithi85 said:

6 hours ago, DirtyHarry55 said:

Know quite a few Expats who were forced out because they couldn't meet the Visa requirements even though they had family and or property here.
My advise is sell up and rent you never know when this government will change the requirements and kick you out.

 

6 hours ago, Daithi85 said:

Couldn't meet the visa requirements?? Surely if they could afford to own property here they'd have  no problem paying  a visa agent to help them  out. 

Those with family here have no problem. Off they trot to HCMC or Savannakhet and get themselves a multi entry non imm O visa. DH55 is talking BS in my opinion.

[2 is 1]

6 hours ago, ezzra said:

It's a complex statement, why now and why only Chinese or Russian survey and not other countries? why now where Covid is everywhere and everyone is affaid and confused, i say this article is just blowing smokes up someone ares just for fun...

Russian and Chinese are not wellcome to any other place!Also  only place's where survey get nice result . And who want live in Russia or in China? Not even them self! 

Edited May 24, 2021 by 2 is 1

[Burma Bill]

7 hours ago, webfact said:

especially potential Chinese and Russian condo buyers

 So they can rent out to tourists whenever the country re-opens - through organizations like AirBnB??

[BenDeCosta]

Sometimes, it feels like they just nod and say the odd thing now and again, come up with half-baked ideas, but ultimately just sit on their laurels and do nothing. The cynicism in me makes me think that they are just trying to drag things out for as long as possible, because they're all getting paid regardless. 

 

If they genuinely wanted foreigners to make Thailand "their second home", then they should review the visa requirements, and if they actually wanted to keep the bad guys out, they should do a police check. Is that really so hard to implement?

 

Maybe if they started handing out free 5 year Elite visas to anyone who buys a property valued at 2 million or more, then more foreigners would do so. But for now, the visa situation is a major issue for any foreigners wanting to live in Thailand, and I can't blame them. Thailand is a country that resists change.

 

The issue is that most Thais don't actually want foreigners in their country, but they sure do want their money.

Edited May 24, 2021 by BenDeCosta

[Gold Star]

It would be my first home, but since I’m always being treated like a second class citizen, it is my second home.

[lavender19]

I imagine the Chinese scavengers will be after all the cheap hotels ect

[Surelynot]

1 hour ago, KannikaP said:

Unless, like me, you built a lovely home 12 years ago to share with my lovely wife. 

Thailand is never going to be my second home....it is my first, and probably last.

The exception that proves the rule......55...well done.

[Surelynot]

1 hour ago, BritManToo said:

I found a mental Thai lady to buy a House with a 90% mortgage in her name.

I assume SCB have money to burn!

Back of the net......well done........I found a Thai lady that is costing me fortune........... like I have money to burn!!!!!!

[placeholder]

2 hours ago, Fex Bluse said:

 

I agree but not sure they care? Thailand is a smallish country in the global economy and not very significant in any important metric - other than rice and sex.

 

Thailand could easily support it's entire undeveloped, mostly agrarian economy with China and forsake the west almost entirely. 

 

Again, the economy is not very productive, so not much slack to take up.

 

China will buy all the rice and durians, and the working girls will be all too happy to provide their services to Chinese men in place of us Farangs -- despite how much the girls have lied to us that they only like us big, fat Farangs.

 

Living in the past much. Here's a breakdwon of Thais GDP from 2009 to 2019. In 2019 agriculture constituted 8% of Thailand's GDP

https://www.statista.com/statistics/331893/share-of-economic-sectors-in-the-gdp-in-thailand/#:~:text=This statistic shows the share,sector contributed about 58.59 percent.

[jerolamo]

I'm ready to make my second house Thailand, but certainly not in Bangkok, Puket or Pattaya (not Chiang Khan, not KohSamui, not any other big cities full of crooks as in many other countries, mine included).

 

And yes, i'm sure Thailand can get something good from foreigners, and start from education level at school, construction (building) level for private homes, quality of products for all around technologies (so maybe one day product something and no more buy all from China at final expensive proce for a trashable very low quality, and this, for all products included tools).

Foreigners can also learn from Thailand about humanity (specialy human relationship) to.

 

But for that, first, it required to foreigner and Thai citizen to want to learn something from other instead of try to show a power that doesn't have or think something that doesn't exist or that is wrong in many situations. It require also to be able to get higher level concepts and look at each situation with more than one parameter (and not the only easy way binary conepts that any 5 years old child can create by reduction).

That need humility, concentration, implication, serious tasks to win, and it is very rare to human been to be motivate for this practice every days, and all the day/night.

 

So the cultural problem is not only because of Thailand, but because of human. Some other countries get more high level concepts (as Singapore or West European countries) due to there history.

 

Who know what can become a country tomorrow ?

But actualy, when i see reaction of people in front of coronavirus, i'm a bit afraid of their ability to grow up (not only in Thailand).

[samtam]

3 hours ago, Neeranam said:

What exactly is so hard, in your opinion? Is it the hour or 2 visiting immigration once a year?

7-8 hours door to door from Sathorn to Chaengwattana last year.

40 minutes this year with a agent, who did all the waiting, and returned the passport the following day.

[sungod]

5 hours ago, jak2002003 said:

See how you double  investment plans out for you when your try to sell it. We can all get valuations that sound good on paper, but when we come to sell it might not be that easy to get the money you want.  

Its in a development where condos change hands very easily. I based the doubling of price on the units that have sold, so there is track record.  Granted its quiet at the moment, but wouldnt expect any problem shifting it in the future after the pandemic has passed.  That said it was never an investment plan, but somewhere to live. Since moved on but still used occasionally and no real plans to sell. But yeah, no problem in doubling in price when it comes to sell.

[BenDeCosta]

Thais don't have humility, and won't ever accept that they are wrong.  And the higher up you go in society, the stronger this concept becomes, "i.e. I am a rich Thai person and member of the elite, why should I apologise because my money means that I am always right?".

 

I was always taught from a young age to accept my mistakes, own up when I am wrong, and to apologise if I have upset someone. I'm not perfect, of course, but when I am wrong, I will always accept it, learn from the experience and will be happy to listen to someone that knows more than me. Because of face, this crucial learning phase simply doesn't happen, which is why they just never progress as a nation. Because of face they can't accept that anyone is more knowledgeable than them, so they never listen.

 

I just found out that my friend in another village's younger sister has become pregnant with a local guy. The issue is that she's married to a German guy, maybe he is reading this. My response was that she should contact him and own up to what she's done and accept the blame, but her attitude was to keep quiet and keep accepting the German guy's money for as long as possible. This does not seem very Buddhist at all, but then, look at how the government behave, they just use religion as a token, but don't actually follow it all.

Edited May 24, 2021 by BenDeCosta

[BritManToo]

3 hours ago, Neeranam said:

What exactly is so hard, in your opinion? Is it the hour or 2 visiting immigration once a year?

In CM it used to be an all night queue, then you'd be lucky to be done the same day.

10-12 hours before COVID. Less than an hour now everyone has gone.

I used to fly to Saigon and back as it was easier and quicker than Chiang Mai Immigration.

Edited May 24, 2021 by BritManToo