|Evelyn has signed up for a TEFL class (Teaching English as a Foreign Language) in Patong, Thailand - a small beach
town on Phuket Island known more for the 2004 Tsunami destruction than for teaching TEFL classes. June is the
beginning of the wet season in Thailand; so, most of the hotels are empty. Evelyn has been able to rent a nice hotel
room for $10/night - an even better price than our hotel in India. We come to Thailand expecting monsoon rains
similar in ferocity to those found in India. Instead, the weather is overcast with sprinkles and a few short thunder
showers during the day...
Allan will arrive 10 days later to exchange the beaches of India for the beaches of Thailand. Our first full day together
is spent taking a tour to James Bond island, and visiting a few other smaller islands via canoe.
During our tour to James Bond island, we strike up conversations with several of the other tourists aboard the boat.
And not surprisingly we meet a couple of US Expats who are either taking a medical holiday to Thailand or are
considering retiring to Thailand. The HIV/AIDS medical regimen that can cost $2000/month in the US instead costs
just $27/month in Thailand - and the three major HIV/AIDS drugs have all been combined into a single pill here in
Thailand, too. Plus Thailand is very popular for the retired crowd, too. Phuket is considered one of the most
expensive locations within Thailand, but home prices start at just $50,000. And Thailand offers retirement Visas to
anyone who can show income of $1650/month.
Yes, there are restrictions on buying Thai Real Estate, but the restrictions are similar to those found in many other
countries. Most real estate must be purchased using a corporation, but condos can be purchased outright since
actual land is not included in the purchase of a condo. Condos come in two flavours: leasehold and freehold, with
leases lasting 30 years, and renewable after expiration.
For more info go to webpage on Foreign Real Estate
|TALL WORLD TALES