I know this young Canadian guy who moved to Thailand. He bought a business and is doing great there. He is back in Canada to see his mother and gave me some numbers...all in Canadian dollars.
Package of Marlboros-$1.75. Bottle of Heinikin beer-$1.25 Costs about $5/day for restaurant meals. He is in a resort area where most of the clientele are European.
He pays a flat tax of 9% and with the local bribes it comes up to 13%. Says if you have $10,000 you can live like a king.
He was just a roughneck on a service rig here. There he has twelve employees and a good laidback lifestyle. Said they were scuba diving on Christmas day.
Sure is different from Canada. Not much opportunity here.
Package of Marlboros-$1.75. Bottle of Heinikin beer-$1.25 Costs about $5/day for restaurant meals. He is in a resort area where most of the clientele are European.
He pays a flat tax of 9% and with the local bribes it comes up to 13%. Says if you have $10,000 you can live like a king.
He was just a roughneck on a service rig here. There he has twelve employees and a good laidback lifestyle. Said they were scuba diving on Christmas day.
Sure is different from Canada. Not much opportunity here.