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Settling in Thailand Package

You may ask yourself, "Why should I pay for help to settle in Thailand? Surely, with a bit of research on the internet and asking some people I know, I can do it myself for free?"

And you would be right. You can do it yourself. You just need to be a bit adventurous and search the internet diligently for tips and advice and detailed information.

But here's what usually happens:

  1. When you first arrive in Thailand, you will be like a child in a candy store. Everything seems so cheap and desirable. You will be happy to pay more than is necessary. For a holiday, this is fine. But if you are planning to live here, with a limited budget, you have to think and plan and live differently. I can help to design a life that works for you.
     
  2. Everyone underestimates the costs, and there are hidden costs that we all overlook... I'm a budgeting expert. I've devised financial plans for large corporates, SMEs as well as individual professionals and single mums. I can help you to know exactly what kind of life is possible, and what you need to do either to cut your suit to your cloth, or supplement your income so that you can enjoy the life you dream of having.

Besides, wouldn't it be a great encouragement to know at least one good friend and contact who's already been living in Thailand for several years, knows the ropes (and the language) and is dependable and reliable?

Someone who can advise you about other people you may meet, particularly girlfriends (and perhaps a future wife) - not to mention other foreigners who may seem charming and well-informed, but in reality are either sophisticated scammers or totally unreliable. I've met my fair share of these people, usually at the business networking meetings. They either want to sell me a 'safe' high-yield investment or savings package (to be managed in a highly regulated country like Jersey or Malta) or a forest or land-banking investment scheme. I've even met experienced software or property developers and have entered into joint ventures with them, only to find that they can seldom get their act together and the project we agreed on simply fizzles out after a few months.

If you sign up for our Hand-Holding Settlement Package then we will be with you all the way.

We help you find a great place to live in - whether it's an apartment in town or a house in the suburbs - for a reasonable rent. This alone will pay for our fee. Most people end up paying 10,000-30,000 baht ($300-$1000 or £250-£750) per month for an apartment or house. We can find you the same thing in a slightly different location for about half the price. And if you want to live super-cheaply (or super-luxuriously) we can find you a sizeable house (or a mansion) in the country - 30 minutes drive from the city for not more than 5,000 baht (20,000 baht for the mansion with maybe an acre of land).

We'll also help to vet your friends and girlfriends. It's obviously not fool-proof, but we've got sufficient experience collectively to be able to sense whether someone is genuine or not, and whether the deal being presented is too good to be true.

Do you want to start a business in Thailand?

We don't recommend it! (I suggest you look into the idea of a small-scale online business that you run from your home in Thailand).

But if you really want to own a pub, restaurant, coffee shop, girlie bar or any other small-or-medium business in Thailand then consider our Business Services before embarking on a potentially time-wasting, loss-making venture.

Now is the time to act

This is a good time to move to Thailand and, if possible, to buy a property - simply in order to protect yourself from rent increases in the future. Thailand is still relatively cheap, but it's changing fast. We witness it in our village 30 minutes from the city when last year land could be bought for $12.50/£7.50 per sqm. Now the same land is going for four times that price.

Granted, not many people are buying at that price yet... but Thais don't care if they sell or not. They simply wait until the market catches up with the price they've fixed in their minds.

Rents are still relatively cheap, but they're not going to stay cheap forever. It's difficult to say for sure what will happen with rents - many people are moving from Bangkok to Chiang Mai, or from central Bangkok to the new city being built over the river on the west side of Bangkok. That might push up rents. But then there are new apartment blocks and housing villages going up wherever you look, so the extra supply of properties may keep rents at a reasonable level for many more years to come.

It's probably a good long-term strategy to seriously consider buying land or a condo, simply to protect against rent increases in the future.

Interestingly enough, western food is roughly the same price - perhaps a little more expensive as in the US (but about the same price as the same food in the UK). It used to be a lot more expensive, especially wine and cheese and western fruit and vegetables (like apples and grapes and potatoes and mushrooms).

Western foods are actually coming down in price. It may be that because of the increased demand by expats and up & coming Thais alike, the suppliers are able to reduce the costs through economies of scale. Or it may simply be that local farmers are finding it worth their while to grow apples and grapes and potatoes, which then means they can supply it cheaper to the supermarkets than it costs to import from overseas. Who knows? But it means that while rents might go up, the food that we like to indulge in (including coffee and cake and bread and cheese and wine) will go down in price - and it might all balance out in the end.

There's a window of opportunity that's open now. It'll probably last for the next 3-5 years and then start to close. Thailand might not be such a cheap place to live after this time. But if you get in now then you'll stand a good chance of being able to continue to live here in comfort indefinitely.

There will no doubt still be opportunities if you wait another 2-3 years, but you may have to consider places that are a little further afield, like Chiang Rai.

1. When you first arrive in Thailand, you will be like a child in a candy store. Everything seems so cheap and desirable. You will be happy to pay more than is necessary. For a holiday, this is fine. But if you are planning to live here, with a limited budget, you have to think and plan and live differently. We can help to design a life that works for you.

 

2. Everyone underestimates the costs, and there are hidden costs that we all overlook... we are budget experts (I've devised financial plans for large corporates, SMEs as well as individual professionals and single mums). I can help you to know exactly what kind of life is possible, and what you need to do either to cut your suit to the cloth, or supplement your income so that you can enjoy the life you dream of having.

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