Making Money in Thailand

Making Money in Thailand? When I arrived here I didn’t have much choice about making money in Thailand. My $1240 Social Security check was enough to live on but travel was not an option and I couldn’t even afford a car. So I pestered all the local expats who would listen and asked them what they did to make ends meet. The stories they told me about their mistakes, wins, and losses were inspirational and helpful: I adopted two of them for myself and also found that they’d given me enough material for a book. Here’s an outline of what it covers:

  • Fifteen ways to start a Thai-based business
  • How to sell Thai products back to your home market
  • How the Thai government helps you make money
  • Where to find products to sell
  • What kinds of products sell best
  • How to sell your services in Thailand
  • How to sell your skills abroad from Thailand
  • Getting a job and a Thai work permit the moment you arrive
  • How to understand Thai culture…and fit in
  • The 15 biggest pitfalls for doing business in Thailand

 

Making Money in Thailand Godfree Roberts, Ed.D.

  • "His wide-ranging knowledge of the expat community is evident from the real-world examples that give the book an authentic flavor.The book is written with the charming immediacy of someone who is passionate about the lifestyle he has chosen and wants to make the advantages of living as an active retiree in the land of smiles available to others". – "Superb Guide to Retirement financial planning in Thailand" – Ian D. Griffin   "This is a great book to show you how easy it is to make money in Thailand through many well thought out and well described ideas. it is a second great book to read after reading his "how to retire in Thailand"  – Brilliant retirement in Thailand and making money to boot!!! – By Nick Ash   WANT TO KNOW...  What to Do Before Coming to Thailand? What it costs to live in Thailand? How to get a work visa in Thailand? Thailand's business pitfalls and opportunities? What kinds of money-making opportunities are available? How Thailand's business culture works. (Hint: not like ours). How to export from Thailand? What to export? Fifteen Ways to Start a Thai Business? What jobs are available in Thailand? What to pack and what to leave behind? Who you'll meet when you get here? How to meet other entrepreneurs in Thailand? Real Success Stories from Real People How to interact with the bureaucracy?   Then download "Making Money in Thailand: a Retiree's Guide". It's the best business investment you'll make.   Plus...useful charts, step-by-step checklists, links, budgets, helpful guides and reviews you can use.   "If you're considering moving to Thailand so you can enjoy a comfortable retirement based on having a small American retirement income (from Social Security alone, or perhaps with a small pension too) you should be interested in this book. Although many Americans and Europeans report that they can live a decent life in Thailand on approximately $1,200 per month, most would agree that having a bit more cash is always a good thing. Author Godfree Roberts has had this experience and, in this insightful, detailed and often witty book, explains to retirees how to make money in a nation that differs markedly from the Western world". USEFUL BOOK BY A MAN WHO KNOWS – By M. LATORRA "Gozen" (Las Cruces, NM USA)
  • Thailand Retirement LLC
  • 112 pages
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Also: Useful Charts, Step-by-step Checklists, Links, Budgets, and Helpful Guides to Preparing to do business in Thailand. And you’ll get useful reviews and smart tips to help you get started.

This Is How You Do It

Making money in Thailand is surprisingly easy. The economy is growing at 5% and the Thai Post Office goes so far as to make easy to sell Thai goods on EBay (door to door tracking and signature). Even though most of us who come to Thailand have at least a $1200 monthly income – the same as a Thai engineer makes – for two reasons we often get the urge to make a little more:

  1. The first is to afford the semi-luxuries that make life enjoyable, like travel. Now that you’ve got the time, why not take advantage of the local budget airline’s mid-week special fare of $29.00 to Bali, for example? Or spend the hottest month at one of Thailand’s fabulous beaches? Fares are $60 from anywhere to anywhere in Thailand, and accommodation is ridiculously cheap.
  2. The second reason is to have something to do, a challenge that gets you up in the mornings. Creating a new business from scratch in a new culture is certainly a challenge! But I’m enjoying it and so is almost every other expat I know here. That’s because there are so many opportunities.

Video

There are pitfalls of course, as Greg Miller explains in the video.

http://www.youtube.com/watch?v=UuJXhule1CE

Despite these obstacles Greg is doing very well and so can you. We got so many questions in our workshops about making money that I interviewed a dozen local expat businesspeople and combined their advice with my own experience.

Thailand Retirement Helpers