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Old 11-07-2004, 19:00
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Geir Geir is online now
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Join Date: Apr 2004
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Quote:
Originally Posted by stevem
Geir,

Obviously you must view my responses subjectively, but I would never intentionally give a BM a bum steer.

You must be realistic, in that you will never support 2 farangs off the income from a bar beer. If your not relying on it as your sole source of income, then its just the fun factor, go for it. I believe that you will have problems getting 2 work permits for a bar beer, but do you really want them??

As far as Soi Sea Dragon goes, I know that other bar beers are/have been on the market for much more than B1.5m, and as for other areas like Soi Seapearl, I'm not in a position to offer any advice as I'm not familiar with the area, have never been there.

You must remember that your licenses need to be in a Thai name, so you will need a Thai that you trust to assist you there, or you can start a company, where you need even more Thai's to act as directors and potentially more problems for you.

It's the same as anything, you get what you pay for, obviously the busy soi's are off Bangla so to get in will cost you more.

Think long and hard about it before jumping in, and you should seek independent legal advice before hand.
Steve
One of my friends in Norway is married to a tg, so Im going to buy it in her name. I have thai-girlfriend now, but you never know how long its going to last if we move to patong. So I wount trust her enough to buy the bar in her name.
And yes, we are planing this for the fun, and the chance to extend our stay in Los from 1 month a year to mybe 6. I know its not the same as beeing there on a holliday, but Ive got alot of information from my friends in soi seapearl and hopefully I know what Im going to.
Thanks for the advice.
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