Ibrahim Jabbari
Savvy business people often come to Thailand for some better weather and the chance to make their fortune. The joke used to be that if you wanted to start a small business in Thailand, just invest in a big business here and wait a few years.
But many actually make a go of it and end up doing well. Like starting a business anywhere else in the world, do your homework and make sure you tick all the right boxes, including a business and marketing plan (in a foreign country).
The flashy, brash real estate hacks that sell one property a year and spend the other 364 days sitting at the beach bar spending their commission, are a local cliché and a dime a dozen.
Remember that the paperwork and administration requirements of a Thai company can be bewildering and you WILL need some good local advice before you open up shop. Take someone who’s already done it for a few years to dinner and ask lots of questions.
