I'm a full time expat, I never travel with return tickets because I'm not going to my birth country.. but I ain't cancelling my onwards ticket, I'm actually going onwards

So that might be an issue

An average American online job will afford you the same lifestyle in Thailand (minus the vehicle's) as an average American business owner in America...

The average foreigner trying to do business alone in Thailand not understanding, it's all about personal connections and getting things at Thai prices is way more likely to go broke..

Work online, live minimalistic for a few years, do investments etc. Both abroad and in the us financial markets are probably ten times more likely to succeed...

This just requires an elite visa

Is this all? 😅

@Todd ********

it's simple, a 15% GDP advance should result in better overall living standards.. but it doesn't

DR is a free market based on the theory of trickle down economics

Thailand is a restricted market

Thailand have 50% more wealth in the 50% lowest part of the population.. is. Better opportunities, less poverty and more rights

So the numbers indicate DR should have an slight advance.. but reality it's the opposite for the 50% bottom of the population

So I'm saying I rather be the lowest 50% in Thailand compared to DR

The post is about free market or not in Thailand, I'm giving my real life experience... Free market in Thailand will create more poverty by cash flowing upwards and out the country too

Sure it will increase property value, but it's a short lived gain, that ends in favor of investors and banks.. on the expense of the local population

Free market creates inequality, specially with stronger market forces like china, Europe and USA in competition with local Thai's..

@Todd ********

I think you really don't have a clue what you are talking about..

A GPD 15% higher in DR.. DR creates 15% more income per citizen this is a direct comparison because it's growth domestic production in percentage of population

DR is a free market

DR has a lower standard of living for the 50% bottom of the population.. inc. rights, opportunity etc.

That's exactly the problem!!

Just like America, the free market creates billionaires and poverty / homelessness

@Todd ********

@Todd ********

I showed GDP, it's 15% higher in DR? Do you know what GDP per capita means?



Regarding torism and economy

@Todd ********

can you elaborate on that?

it's two different countries in different parts of the world, but from a development standpoint I think they are fairly comparable, likewise their their main sources of income agriculture, tourism etc. But DR don't have the ancient culture

The Thai law on foreigners not buying real estate, is brilliant both for Thai's and foreigners

I currently reside in Dominican republic, equal stage of development as Thailand.. average salary in Dr is 100$ lower per month

In DR it's free market

Foreigners are wraging havock on the real estate market and prices here.. it's way more expensive than Europe..

You need a bare minimum of 1500$ to live here per month, without car, telephone and in the cheapest accomodations, trying to budget your spending every day, no exceptions.. and only eat outside two times a month.

Apartments outside slum starts a 100k usd, and nice houses 500k usd up to millions

Rentals starts from 300$ per month for dated one rooms, unless you want to live too far from civilization.. something decent starts from 700$ plus utilities

The result of this free American market is

Thai bdp 7233$ per Capita per year

DR bdp 8603$

So Dr is 15% higher on GDP.

The buttom 50% of population income / wealth

DR 2500$ per year per Capita

Thai 3750$

So the buttom 50% of population in Dominican republic have 50% less income with free market!!!

DR have 30 in safety index

Thai have 62

So double the crime here in DR

Both food and housing is 5 x times more expensive compared to Thailand

It would be insane to ruin Thailand, for foreign investor sharks to do wealth transfer and increase inequality to unsustainable levels

Instead just pay the very affordable housing and 😁 while your cashflow goes to locals