Hello everyone, I am interested in starting a business in Thailand. There are a couple of issues I am running into. If anyone has anything to share about any of them I would appreciate the advice.

1. Having to register so much capital isn't practical for my idea.

2. My Thai girlfriend is also a government officer, and our understanding is that she can nit be a director due to the conflict of interest.

Right now my only alternative ideas are to come up with a whole different business idea. One that I could go to some investors with to raise the capital. My current idea involves assisting tourists and is very minimal with necessary startup costs(besides the capital registration). This would really change the nature of the start small method, so I am really not to happy with doing that.

The second idea I have is to approach local tour companies. My original ideas involve contracting out the services my guests would need. So the agreement I would pitch is one where I bring g the existing company my customers, take care of any additional needs they have, and then take a percentage of the sales from the customers I bring in. The issue I have with this is that I am totally unfamiliar with Thai business culture, and the best way to approach people with proposals.

Thanks again for any input.

Here is an “Everything Else” question.

Do Bamks in Thailand have the equivalent of a Roth IRA in America for American Citizens?

I wanted a tool to bank outside the US Banking system to not hold dollars for the next few years.

I thought Thailand might be a better option than the Country of Georgia since I’m living in Thailand right now.

Hi all

I am currently living in Thailand long term on an OA retirement visa. My question is, am I allowed legally to invest in or own a company on this visa? I have no intention of actually working 😁

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