Investment Opportunities in Thailand: Three Things Foreigners Should Look For
It can be difficult for a foreigner to find out what’s real and what’s not when it comes to investing in bars and nightclubs in Thailand. Knowledge is always powerful and I’d love to help. This is hard-earned experience from trial and error, and then later being inside the industry. While nothing is ever certain here’s three things foreigners should look at when thinking about if they should say yes or no when it comes to investment opportunities in Thailand.
- Owning Real Estate can be a Challenge.
A hard truth: there are only a few exceptions in Thailand that allow a foreigner to own property. One is through setting up an LLC where 51% of the shares or more are owned by Thai nationals. Obviously having this balance in ownership makes many, rightfully, hesitate. The other option is buying a condominium, which isn’t the optimal investment opportunity for most people. This just doesn’t open up an income stream or raise quickly in value as a Thailand nightclub or bar investment can.
- Buying and Trading Thai Stocks.
Trading in Thai stocks can be extremely beneficial. But for an offshore trader, this is going to require studying the Thai market before jumping in. There are many x-factors beneath the surface and if there was easy money to make everyone would be doing it. A good suggestion is to go slow and scale up as you see success and get your finger on its pulse.
- Get Into an Investment Fund Covering Thailand’s Tourist Industry.
While the quest to buy a bar in Thailand may seem next to impossible for a foreigner, there’s now a new and exciting way to get involved with Thailand’s tourist industry in a profitable way. That’s by investing in a Tourism Investment Fund. PrivacyStone is the leader in this space that sets a good example. This allows an investor’s money to be involved with multiple Thailand bars and nightclubs, overseen by experts in the area. So far the return has been remarkable.
- Remember the Risk.
No matter what you choose remember Thailand, like the rest of Asia and the world, can be a somewhat volatile place. This means doing your due diligence and keeping an eye on things like political unrest, health considerations, and so on. Most experts have faith in Thailand in these areas, and confidence in it being a friendly place for foreign investment – apart from its laws about property ownership. That said, its your money and should always be thoughtfully invested.
Thailand is often considered a place for people to start new lives in Asia under the sun and close to beautiful beaches. Will it be a place for your investment-world to skyrocket? Let us know!