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sencelebi

Starting a new farm bussiness

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The OP is clearly asking for the "right advice". Why is nobody giving it to him ? The "right advice" is :

- Stay in Thailand for the duration of 6 months and check out the in's and out's of the business he is interested in on location. In this case , Phuket. BEFORE INVESTING A SINGLE DIME !

After doing some research on location (including considering the legal-side, describing "Investors-Rights" for Farangs, or the lack thereof ), I am confident that OP's hunger to invest in Thailand will the greatly diminished.

Only way to go for the OP. Everything else is just "keyboard-abuse".

Cheers.

I agree come over here ,rent a house ,and do a rekey on every thing .

One thing I noticed the op wants to lease land ,over the past 11 years we have leased /rented 3 lots of land ,and lost the lot ,2 being sold by the owner ,the other put the rent up ,made it not viable for us to farm ,a Thai friend of mine has a 12 year lease on a 20 rie of land all slopes and bumps ,most can not be ploughed ,built a small milking parlour , a cattle shed ,and a small basic house now milking a small herd of cows ,doing ok ,and now the owner wants to sell the land ,wants 3-4 million Bart ,which he would never get..

I have vision's of the OP with his pig sheds ,and fish ponds, up and running the owner decides to sell the land ,then what , does your Thai wife still have an Thai id card and a house registration book ,and buy some land ? or your extended family ,if you can trust them ,when you do your rekey, find a good lawyer and get a very tight land lease.

One thing ,unknown to me our ex and only fuel garage in our town, was built on rented land been they 20 years +,land prices have gone up a lot ,the owner of the land said I will sell you the land ,for 10 million Bart ,garage owner did not have the money ,the land owner said no money ,get out ,now it is a block of 3 story lock ups ,do not know the politics behind it all ,but it can happen.

There is a difference between leasing or renting land.

Long Term Lease: If the Lease-Taker is properly listed on the land paper as such (usually on the back-side of the Chanote), the owner of the land can not sell the land for the duration of the lease.

Cheers.

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If you have a Thai "fiance" who doesn't have a clue, then why are you even considering any business venture, in Thailand, to begin with? Huh? whistling.gif

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It appears that this guy has quit posting. That's not surprising considering that he already knows far more than you stupid farmers who have been here and in the business many years. What do you know? Maybe we are stupid to keep trying? I do know for a fact that if I had to depend on the farming income that I would be on a very tight budget.

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Well it's normal. You only know what you know...

All that matter is as long as I'm still racking in, nothing else matters...

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The OP stated that there were family members that were experienced in what he is aiming to do. If they are experienced, he should be able to get the information from them, shouldn't he?

Also, employing family members.......

He has met and had experience of family members that have gone to another country to work. Just by doing this, they have shown that they have some "Get Up & Go", they are prepared to move out of their comfort zone to earn a better income.

He may well find that employing family members or even neighbours in Thailand just results in them "Taking the Piss" Big Time.

Don't get me wrong, there are Thai family members that will put in the work. My brother-in-law is a lovely man and such a hard worker. Unfortunately he is married to my Missus's sister who is a lazy alcoholic cow. He can never advance out of poverty despite his hard work ethic as she just drags them back down again. When I have jobs for him, He is there before first light to put in a few hours. Then he goes to his normal job. When that is finished, he is straight on to my job until after dark. I respect his work ethic and would really like to help him develop, but while she is around there is no hope. It is so sad, if he dumped his **** of a wife, there would be a queue of contenders for his next wife.

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Thailand is too hot to work hard. this is why most countries in the south are poor . Thailand is a country for vacation or to retire.

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Thailand is too hot to work hard. this is why most countries in the south are poor . Thailand is a country for vacation or to retire.

You aren't serious about that, are you?

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Thailand is too hot to work hard. this is why most countries in the south are poor . Thailand is a country for vacation or to retire.

You aren't serious about that, are you?

I agree with what he says.

Maybe our White Knight in shining armour could come back, or is he too busy setting up a welfare programme for the family.

How many rich farmers do you know in Thailand?

Years ago when I was dumb and stupid I considered it, then it dawned on me, it would take at least 15 years, if not 20 years to recoup my investment.

Figures provided, please feel free to point out where I went wrong.

Land 300k per rai to purchase, provides a return of 20k baht per year per rai.

Outlay, 30 million baht, return of 2 million baht per year.

Hence the reason I invested in properties in my home country.

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Well guys,you handled that admirably.biggrin.png

What do you reckon,close this thread or hand it over to the good folk in the Phuket forum to help him in finding some land?

They however may not be quite as diplomatic and gentle!

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Close it up.

And obvious troll from the get-go and not even a very good one. Yet he managed to reel in several dozen fish anyway.

Doesn't matter though. Hey, a click is a click, is a click...

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There is a clip on YouTube, something like "100.000 Baht per Rai in a year". I can't remember it but it is in Thai. I will ask my professor and post the link here.

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[emoji6] Maybe... But no. I've seen the clip once during the lecture. What I can remember, they grow cassava and vegetables under irrigation. And some other crops.

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It is possible to make a comfortable living off two rai. Raising organic vegetables is quite profitable. I know an older couple who do that. Is it easy? absolutely not. Both of them spend all day, every day in their plot. They squash bugs and pull weeds. Their daughter sells the vegetables for them. If you calculated their hourly wage you would quickly see why very few people choose to raise organic vegetables.

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