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OPEN LETTER: Foreigners with local businesses face impossible financial demands and regulations

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OPEN LETTER: Foreigners with local businesses face impossible financial demands and regulations

 

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A staffer cleans a still-empty Phuket International Airport. Photo: AoT Phuket

 

A foreigner who launched a start-up business in Phuket before the the COVID-19 outbreak details how foreigners who have spent millions of baht launching a businesses in Phuket are now stuck in an impossible situation financially, and unable to even comply with Immigration requirements due to no income during the current economic crisis. Here is the foreigner’s Open Letter to the Thai Government, unedited for veracity:

 

“Phuket is badly affected by the current crises” a statement by V / Gov Phichet, September 11, 2020.

 

What do you want as a government with foreigners who invest money in a Thai company?

 

Full Story: https://www.thephuketnews.com/open-letter-foreigners-with-local-businesses-face-impossible-financial-demands-and-regulations-77302.php

 

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-- © Copyright Phuket News 2020-09-14
 
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Thailand is best managed from the outside.  

7 hours ago, ukrules said:

They exist to discourage any and all foreigners from doing so.

So true

 

 

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Thailand is yet to be hit by Covid-19, not any kind of herd immunity in the population. They have got it all to come IMHO

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Goes back to the old joke, How to make a fortune in Thailand, is bring a big one with you

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11 hours ago, nemo38 said:

Money in tourism or real estate is lost money. Tourists won't be back for years. Tourism may never recover. 

 

The illusion of a return to normal is being kept alive by money printing and banks not defaulting on loans. After that stops, the gates of hell will open. 

Are you sure about the Thai government printing money? The banks here are also taking court action to sieze properties for non payment.  Maybe your thinking your on a western forum, but this is Thailand.

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send  all mail to the "we  dont give a  flying fart weve  had  your  money now sod  off" dept car of  <deleted>  Thailand

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53 minutes ago, yellowboat said:

Thailand is best managed from the outside.  

So true

 

 

and they know foreigners could easily  wipe the floor with the lazy and poor  service  offered in Thailand

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