Hi I want to live in Thailand but I don’t know anything about Thailand’s low All I have is about 200 thousand Dollars. Please tell me how much do I need to run a restaurant or a Hookah Place in Arabic neighbors or an Internet Café with More than 60 Computers (please tell me about all 3 of them) . And please tell me is it possible to live in a house or a Condominium, can I but one or I have to rent one! And if I rent one am I going to have problems later? How can I buy one anyway? Would it be possible to live a good, normal, peaceful, happy life there with 200,000$? Please answer my question with details. Thanks a lot. E-mail me: Bma_ashegh@yahoo.com I’m a grown up person, and i lived there for over a year before, I’m a Muay thai Fighter ! and don’t tell me that 200 thousand Dollars which is over 6 million baht isn’t enough cause you can buy a nice apartment with 2 million maybe less ( Just search Google ), and I remember that there was a bar near my hotel in (palam Si LUTAS soy San Sok) and its rent was 2000$ a month and they made Like 500 to 1000 a day , I’m not an saying I want to be like a billionaire , I just want to live a peaceful, happy life there, and by the way sokomvit has an Arabic neighborhood near NANA, PLEASE GIVE ME POSITIVE IDEAS , AND FOR THOSE WHO DOSENT KNOW ANYTHING ABOUT THAILAND,PLEASE DONT ANSWER MY QUESTION , I’m talking to people Like JAMES RICE>:P
Thailand - 5 Answers
Random Answers, Critics, Comments, Opinions :
1 :
you will be going no wear with $200,000 if you had gone 100 years a go you my have had a chance.
2 :
Wait to your over 50 and retire here. Invest your money. Don't rush into anything too fast, just because you met this lovely Thai girl. $200,000 isn't going to get you a business and a condo, plus asking the same question twice in the last 9 hours doesn't help get better answers. Also go into this with the knowledge that you could and very well may lose all that money in a business.
3 :
Hello, First of all I would be very hesitant to just pick up and move to Thailand. You need to make an extended visit before ever trying to do something like that. I don't know of any Arabic neighborhoods, although the Saphan Kwai area seems to be popular with Arabic tourists. The internet cafe idea has been done. My estimate is that the market is saturated unless you can come up with something very new. Even then, competition will soon adopt whatever innovation develop. Other posters have indicated, and it is true, $200,000 is not a lot of money for a business start up. My recommendations: 1) make and extended visit to Thailand to see if you even like living in the country, and, 2) while there determine what you can do that others cannot do so easily. If you can find this you may have the start of a successful business.
4 :
Doing business here for a foreigner can be very tough, but it will get you a business visa, which can be worth something to you. No idea abt the hookah place, other than that you aren't the first on any of these ideas - a restaurant might be your best option - - but doing business here can be problematic for many many reasons. The customs and ways of biz are not always the same as yours might be - - As a retired biz man, I sometimes have ideas, but soon come to my senses - I am glad that I made my money in my country and can use it to retire here. But, only you can really come to what ideas and business you might be happy pursuing. The only real recommendation I can give you is that you should rent rather than buy. At least for the first year. Condos have problems w/management and many go broke... many caveats here too, but you really won't know much until you have spent extended time here, made some friends and gained some knowledge - you need to learn this country and its ways, just like you learned Muay Thai - if you got into the ring the first day, with no knowledge of the sport, you probably would have made alot of costly mistakes - - it's easier to spend money than get it back - - selling condos might not be easy - - I think if you are careful you won't regret it later
5 :
Yeah, we really really believe you ! NOT !
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