Western deadly mistakes you make the transfer to Thailand

Many people come to Thailand on holiday or on business trip and fall in love with the beautiful "Land of Smiles". Thailand has much to offer: beautiful women, good food, excellent climate, beautiful beaches, tropical islands, outdoor activities, a social dynamic and amazing travel opportunities. It is a miracle, come home! Some do not. In this article a brief look at six common mistakes people make when they finally move toThailand.

Deadly Mistake # 1: Wrong seen

After visiting the wrong can be a costly mistake. It is very important to ensure that the correct visa, if you work or want a company in Thailand. Consult your visa before leaving home. If you are in the United Kingdom, I recommend checking Thaiconsul-uk.

They provide excellent support. Of course, the visa rules apply to most other Western countries.

Fatal Error # 2:Inadequate income

Jobs in Thailand are rather limited. The vast majority of available jobs for Westerners are poorly paid jobs as an English teacher. These can vary from 25.000 to 35.000 Baht per month salary. The best paying jobs are quite rare, can be paid from 40.000 to 60.000 per month. The most prestigious private schools teaching jobs can attract about 50,000 baht a month, but these are very hard to find.

If you are a qualified teacher employed by the United Kingdomfor one of the international schools in Thailand, you get sentences such as the United Kingdom of about £ 25,000 - £ 35,000 per year depending on experience. This represents about 200,000 baht a month - that's a lot of money in Thailand. Often the school in question, including room and board, offers similar to private schools in the UK, which means that an agreement is even better, it means that you save a reasonable amount of money for the future.

So, in general, when you go to a local English appropriateTeaching job, you expect about 35,000 baht per month. To get into the proper perspective, the average monthly wage in the UK at the moment of writing amounts to more than 136,000 baht per month. So expect to pay a little 'of a reduction!

In addition, the cost of living in Thailand is much cheaper than the United Kingdom. You can check to 35,000 baht a month to live in Bangkok. Of course, what will be considered by some as a living as other than a meager existence into account. If you want to be outsideWandering Club or a trip through Thailand, or live in an apartment better you need more money to your taste and needs. I personally budget 70 000 baht a month, every stay in Thailand, but then I spend some time to play golf, scuba diving and travel.

The other option, people will in a local company in Thailand to create. Some people are very successful in this. A minority can do a lot of money with hotels glamorous nightclubs,and bars. Of course, this requires a lot of knowledge and capital.

I recommend to start a business on the ground in Thailand, if you have a track record of business success outside of Thailand. I think there are better and safer ways to make money in Thailand, such as running your online business. An online business is generated that has the advantage of passive income to enjoy a lot of free time, Thailand - instead of chained to an office orBusiness all day.

If you are a pensioner you ensure that their incomes have met the legal requirements for the approval of pensioners. This must be reviewed on an annual basis and expect that the relevant evidence to see on your overseas income by the authorities.

Deadly Mistake # 3: No goals

If you switch to Thailand's important to have specific goals in mind what you want to accomplish during your stay. There are many people who, after the transfer,Waste a lot of time and never really in Thailand. Too late they realize that they lost all their savings. It is very important to get an idea of the things you need to reach. This may may be the specific objectives of the trip - certainly a Cliff Diving, visit an interesting area, such as Chiang. Hopping to places like Malaysia and Singapore. It may want commercial or financial goals can be reached.

While you may be targetsHow do I get to marry a woman and a family. It is advisable to learn Thai or any other language. Perhaps you've always wanted to write a book or learn a new skill or to study for a new qualification.

Do not waste your time in Thailand - making it really count for something. Always a clear idea of what you want to achieve during your stay in Thailand - otherwise after a few years you have to move home and wonders why he went to Thailand in the firstinstead.

Fatal Mistake # 4: bad money management

A big problem here is that the people, their currency in the Western baht convert back to their heads tilt. This gives them the impression that you spend less money than they really are. If they all convert it sounds so cheap - it is - if you earn a salary west.

It is also easy prey for other Westerners living in Thailand. If you have arrived only with money in their pockets ready to haveothers try to relieve you of it. All kinds of "not miss" business projects will come their way, and requests to borrow the "money. Loans somehow never repaid. Maintain a very tight handle your money. I recommend to always keep the most money received outside of Thailand. Just to draw what you live on an ATM and pay bills need with your main credit card.

If someone asks me if she had her money in investing in a project, I always say, of interest, or that we do notin homes in the UK (which is something I recommend you anyway bound). Soon lose interest.

# 5: No activity to estimate Fatal Error

One of the problems selling your house in order is to fund your move to Thailand, you lose that know an asset to appreciate. Owning a property in Thailand can be done, but not without complications. Even if you can end up owning property in Thailand is unlikely that the value of as much as, say, increase theHomes in the UK - especially in the long term.

With the purchase of a property in Thailand, a number of other possible problems exposed: What if changing the laws on the ownership (again), what happens if the rules to change the visa (again), what if the visa is not renewed happened, what if there any legal complications, what if you sell and go home to have happened happened? Rental property is available everywhere and very good value in Thailand, so Isuggest that most people follow this path.

If you currently have a house in the UK (or Western) I urge you to keep it. Crunch the numbers and see if you leave the property can be made, taking into account the income from rent, taxes, management fees and regular repairs. If the numbers work well. If you would not perhaps be better to delay the move to Thailand, up a bit "more than one loans have paid - enough to bring the number in favor of leaving the property out. There are manyshould have options for possible changes here - but ideally you value an asset of any kind outside of Thailand.

Deadly Mistake # 6: No Escape Plan

You need some kind of escape plan. At least this should be money back for the ticket home. Ideally, keep the money in another account and not touch it. Better yet, give your money away to a parent or a brother and tell them not to give money unless a ticket home - should preferablyactually the ticket for you. Westerners can get into all kinds of hot water in Thailand - for a variety of reasons. You may conflict with the law, they lose their money in a business failure, have broken their heart or robbed blind by a scheming gold digger. It is at this point many people can be desperate and in the drug and other crimes. Do not be eighth in this position - always out and bullet-proof strategy to clear before moving toThailand.

Summary

In this article I saw some of the most common mistakes that Westerners, when they move to Thailand. No one can live a perfect life - but you must make sure that your foundation (mentally, physically and financially felt) is solid before it abroad in Thailand. The same applies to the advice in other Asian countries or in other western countries.

Living in Thailand can be a fantastic experience, with a little planning for the futureYou can avoid all the usual mistakes.