Why only Thailand? It’s the same everywhere. It is quite a challenge for an expat to start business in a foreign land. Not only does he/she have to make a constant effort to understand their language, but also understanding an entirely different business law can be extremely taxing. Having said that, because it is Thailand, you can expect to get a lot of support from the Thais as they are friendly and always welcoming to help others. Besides, the government itself has been doing so much to encourage foreign investment; you may get so many tax benefits you can’t even think of. Let’s look at the options why Thailand could be the one for you;
English is Quite Common
While it may be true that Thais are very close to their culture and language that doesn’t mean that they are rigid about accepting new things. I mean look at the way they have adopted English. Speaking with the business people in Thailand, wouldn’t be a problem at all. In case you need to translate documents from English to Thai or Thai to English, there are people who can do it for you.
An Encouraging Government
It is easy to get a visa for your business in Thailand as the Thai government promotes any international business, contributing to the technological development, trade skills and innovation. Also, the government has put forth legislation in order to better the connectivity of the country as a whole to develop connections in the ecommerce. Besides, since it falls under a Free Trade Area, import duties are not levied upon its member countries like Indonesia, Philippines and Singapore, etc.
Affordable and Classy Living
When we talk about affordable and classy living, Thailand has everything from a variety of food, comfortable stays, to reasonable rentals. Thus, living here is what every foreigner dreams of. The number permanent residence application has been humongous in the last few years, so much so you can’t even imagine. These are possibly the major reasons for such a rise.