Many people visit Thailand on holiday or business trip and fall in love with the beautiful "Land of Smiles." Thailand has much to offer, beautiful women, good food, good climate, beautiful beaches, tropical islands, outdoor sports , a lively social life and travel opportunities for you. It's a miracle that no one goes home! Some do not. In this article I want a quick look at six common mistakes people make when they finally move morein Thailand.
Deadly Mistake # 1: Wrong Visa
After seeing the fake could be a costly mistake. E 'particularly important to ensure a visa if you want to work in Thailand for a visa or a right to consult an appropriate business before departure. If you're in the UK, I recommend checking the Thai Consul-uk.
They provide excellent support. Of course, the visa requirement shall be applicable to most other Western countries.
FatalMistake # 2: inadequate income
Careers in Thailand are somewhat limited supply. The vast majority of jobs are available to Western jobs in low-paid teaching English. This salary can range from 25.000 to 35.000 Baht per month. The best-paid IT jobs that are very rare, they can pay 40,000 to 60,000 per month. able to make the most prestigious private schools teaching jobs around 50,000 baht a month, but these are very difficult to obtain.
If you have a qualifiedTeachers given by the United Kingdom for the international schools in Thailand, you get rates like 25 000 United Kingdom of about £ - £ 35,000 per year depending on experience. This equates to about 200,000 baht per month - that Thailand is a lot of money in most cases, the school also provides for room and board, similar to private schools in Italy, still means a lot better, so you save money for the appropriate amounts the future.
So typicalif you work in an appropriate local English language teaching might be expected to get about 35,000 baht per month. To a certain extent compared to the average monthly income in the UK at the moment of writing amounts to more than 136,000 baht per month. So, we wait a bit 'to take a pay cut!
On the other hand, Thailand is the cost of living is considerably cheaper than the UK. You can not live on 35,000 baht a month in Bangkok. Of course, what you can live by some to be seen by othersa simple life. If you or you want illustrious club or traveling through Thailand, who lives in an apartment you will need more requirements to your taste and more money. I personally budget 70 000 baht a month if I stay in Thailand, but then I spend a lot of time playing golf, scuba diving and travel.
The other option that people go to Thailand is the creation of a local trade in some people are quite successful in this. AMinority can make a lot of money with glittering nightclubs, hotels and bars. Of course, this requires a lot of knowledge and capital.
I do not recommend particular, local businesses in Thailand, Thailand, if you have a successful track record of business outside. I think there are better and safer ways to make money in Thailand, such as running your online business. An online business, passive income generated the additional advantage thatmuch free time to enjoy Thailand - instead of chained to an office or work all day.
If you are a pensioner, you must ensure that your income meets the legal requirements for approval of pensioners. This should be reviewed on an annual basis by the authorities and expect they will see that there is sufficient evidence of its earnings overseas.
Deadly Mistake # 3: No goal
If you are in Thailand to make the transition, it is important to have specific objectives inSpirit of what you'd like to accomplish during your stay. There are many people that after the removal, waste a lot of time and really create something never seen in Thailand is too late. They have all their savings playful. It 's very important to get an idea of what you would like to achieve. Dive into a cliff in particular, to visit an area of interest, such as Chiang Mai - These may be specific travel destinations. Hopping to places like Malaysia and Singapore. It could be businessor you want to achieve financial goals.
You can get married personal goals, like looking for a woman, and have a family. You can learn Thai or any other language. Maybe you've always wanted to write a book or learn a new skill or study a new skill.
Do not waste your time in Thailand - so there's something really count. Always have a clear idea of what you want to achieve during your stay in Thailand - otherwise after a fewYears to go home and wonder why on earth went to Thailand in the first place.
Fatal Mistake # 4: bad money management
A big problem here is that people in their Western Baht currency tend in their minds. This gives the impression of having less money than they really are. If you convert all sounds so cheap - it is - if you earn a salary are western.
It 'too easy to fall victim to otherWesterners living in Thailand. If you use the money in the bag just arrived ready, others have attempted to relieve you of it. All types of "losing" companies to go to "borrow" too, and matters of money. To receive the defaulted loans in some way. Keep a very tight grip of your money. I always recommend the most money from Thailand. Just drag that you live in an ATM and pay the most important accounts of information on the credit card.
Ifsomeone asks me if I am interested in putting money into a project they always say I have not, or is not related to real property in the UK (which is something I should do anyway) am. Soon lose interest.
Deadly Mistake # 5: There is no appreciation activities
One of the problems with the sale of your house to finance your move to Thailand is that you lose an asset that appreciates. a property in Thailand can be the possession, but did notwithout complications. Even if you manage to end ownership of a property in Thailand is very unlikely to increase in value as, say, a property in Switzerland - especially in the long term.
With the purchase of a property in Thailand is also exposed to a number of other potential problems: What happens when the laws of change of ownership of the (again), what happens if the rules change visa (again) what If you happened not to renew the visa, what happens ifThere are legal complications, what to sell and when to go home want to happen? Rental property is widely used and very good value in Thailand, so I suggest that people go this route anymore.
If you already own a home in the UK (or West) I urge you to keep it. Crunch the numbers and see if you can for the property that we, taking into account the rental income, taxes, management fees and repairs regularly. If the numbers work fine. Otherwise, it could be betterThey delay the move to Thailand until mortgage paid a bit 'more of you - enough to bring the numbers to leave the property. There are many options for possible changes here - but ideally you should Thailand have an asset worth of any kind outside.
Deadly Mistake # 6: No escape plan
You need to plan some sort of escape. The minimum should be new money is for a return ticket. Ideally, this money is held in anotherchange and do not touch them. Better yet, enter your flight, a parent or a brother and tell them not to give you the money if the ticket is for a home - preferably should actually buy the ticket for you. Westerners can get in Thailand, in all types of hot water - for a variety of reasons. You could fall victim the right to lose their money in a business failed, her heart broken or have been robbed blind by a scheming gold digger. E 'at this point many peopleyou can get desperate and are involved in drugs and other crimes. Do not be in this position - always make sure you have a clear exit strategy bulletproof before moving to Thailand.
Summary
In this article, I saw some of the most common things Western, as something wrong with the move to Thailand - you can. We do not live a perfect life, but you must make sure that your foundation (mentally, physically and financially) is the sound beforeMoving abroad in Thailand. The same advice applies to other countries in West Asia or other countries.
Living in Thailand for a fantastic live, with a little advance planning you can avoid the most common errors.
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