Possible impediments: AirBnb and all short-term rentals illegal in Thailand unless you can get a hotel license. Foreigners cannot own land in Thailand (some exceptions exist). I won't even get into the rampant graft and corruption, and constantly changing immigration and land use laws. Thailand does have lots of wealthy Thais, not so many wealthy foreigners.
Maybe you mean a billionaire in Thai baht, just over $29 million USD.
I didn't get that impression. Not written in or translated to Thai for one thing.
> there is also a history of foreigners making it very large in Thailand.
Many Chinese, Japanese, Koreans, and Singaporeans, sure, already wealthy before coming to Thailand, or well-connected. Can you name any foreigners (generally construed as Europeans, Americans, Australians by Thais, i.e. farang) since the post-colonial period in SE Asia? Jim Thompson comes to mind, but even he didn't make it very large by the standards of the Thai wealthy.
3 comments
[ 2.6 ms ] story [ 17.7 ms ] threadMaybe you mean a billionaire in Thai baht, just over $29 million USD.
I live in Thailand.
I didn't get that impression. Not written in or translated to Thai for one thing.
> there is also a history of foreigners making it very large in Thailand.
Many Chinese, Japanese, Koreans, and Singaporeans, sure, already wealthy before coming to Thailand, or well-connected. Can you name any foreigners (generally construed as Europeans, Americans, Australians by Thais, i.e. farang) since the post-colonial period in SE Asia? Jim Thompson comes to mind, but even he didn't make it very large by the standards of the Thai wealthy.