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Mark *****
This is a summary of
Mark *****
's contributions to the platform. They have posed 4 questions and added 90 comments.

QUESTIONS

COMMENTS

Mark ******
@Harry ********
Do you understand the property market here? My wife has bought and sold land here for the past three years and has made millions. Great investment opportunities here. And for my family, I spent 7M baht for land and house, equilvalent rental at least 70K/month (4 bedroom with pool). Over say 30 years, my rent alone would be 25M and myt familyt would have nothing. Instead, whenever I pass, my wife and kids have a free house for a couple decades (or rent the house out). At that point the land would likely be worth more than the house. Sorry, investing in property here makes much more sense if you have a family here. No brainer.
Mark ******
@Harry ********
If you don't have a family here, that makes sense. If you do, investing is fine.
Mark ******
@Bjorn *******
I live on Samui, and although rarely visit a hospital, there are 4-5 private hospitals here and a new one even opened last year (also have the typical government hospital). As far as the crowds/tourists, need to head south to get away from all that. The entire bottom half of Samui has dozens of quiet villages, coconut groves, mountain retreats, with few people and no traffic, yet "the action": is 20-30 minutes away. Fortunately, most people, and tourists, stay in the North and Northeast. Hope it stays that way for another couple decades.
Mark ******
Paul Lunney Yeah, that sucks. So many bad outcomes out there, both here and abroad. Although "not romantic", legal protection for these occurrences are a must.
Mark ******
Marriage anywhere is a gamble. My Thai wife has bought and sold plenty of land the last 3-4 years (I finance). Profits of 6M went to build our house, which I have a lease on for 30 years. Most unmarried foreigners where I live use the company establishment route that could be problematic one day. However, if OP is tying a legitimate business to the ownership of the property that seems like a more legally sound solution. Houses will always sell in popular locations, at the right price.
Mark ******
@John *********
Yes. I'm two plane flights, or two days drive, away from the family up north. Very peaceful.
Mark ******
76, or about 24.5 C, is pretty cool, for an entire house. One bedroom, ok. I think you will find, that 26C works just fine and will be a big difference from outside. So, maybe work your way up over time. The cost is impacted by way too many factors (construction materials, shading, windows and glass doors numbers and sizes, sun exposure direction, heat island effects, etc. I would expect a monthly bill in the 10-20K range, depending on all the variables above. If you have a pool, more.
Mark ******
Easy.....start a business here, become the Director, hire a few staff, and you're good to go.
Mark ******
@Ivan ***********
Yes, that was my understanding and why I never bothered with a foreign deposit account.