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Stephen *******
This is a summary of
Stephen *******
's contributions to the platform. They have posed 1 questions and added 74 comments.

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Stephen ********
@Harry *******
just out of interest, why do you think the dtv visa will stop? What's the problem with it?
Stephen ********
Anonymous participant 128. I would undoubtedly get more back than i paid, that's knowing when, where and what to buy firstly though. However, I don't need or want to sell, it makes me 400k plus pa. After 9 years, it would have paid for itself and can be lived in for the rest of mine or anyone's days for nothing. In that same first decade, your rent will double at least and then double again over the next decade or two. I'm not saying there is massive money in it, but it makes sense if you want to live there, depending on your age as well. As I said, it's actually really cheap to buy and live, even in phuket, which is generally expensive for Thailand, in comparison to where i come from. That same condo in my home town on the outskirts of London would range from anywhere between 15m to 50m baht.
Stephen ********
@Bob *********
obviously I don't understand the market😂. I've been a landlord for 40 years. I'm the guy you are paying each month!
Stephen ********
The last property i bought, i paid about 5 million for in phuket some time ago, its been rented for 40k a month (I'm actually having that one now). However, had i left it rented, it pays for itself in about 9 years overall.

Something similar in London would take more than double that time. If I'd have invested the same amount of money instead, even at 10% profit, and remember, I am very heavily taxed on that 10% in the west. It wouldn't even have paid the rent.

In short, if your relatively young and want to live in Asia, you can purchase a home and pay for it easily in a decade of equivalent rent. You can't do that many places, you also get do your home how you want it.
Stephen ********
@Dany *******
I'm not going to explain that one to you. I own multiple property in both phuket and London and I've made my entire fortune and kept myself and family for over 40 years from this trade. All l will say, is your thought trail is wrong.
Stephen ********
@Bob *********
lm not sure what you mean by that, but i suppose that's down to what direction anyone might see what's a plus or not? Yeah, you can leave a rent, but sometimes you could sell and move before a tenancy expired anyway. The biggest reason for buying in my opinion would be if someone wanted to live properly, in a secure way and have the place done how they want..
Stephen ********
You can, if you are going ahead. Look for Farang title, with a forever lease, find a decent solicitor. The money has to come from outside of Thailand, into the country specifically registered to buy any particular property. Solicitor will advise how to do this.
Stephen ********
@Ben ******
its a tough one. I suppose it depends on the individuals likelyhood of getting refuesd entry. We have a place there, both myself and my wife have dtv visas now and we go to and from London multiple times of year, neither of us have been refused yet🤞