Finance advice - investment accounts in Thailand

Visa questions, companies, work permits, employment, insurance, banking and finance, and legal issues.
SPONSORS: Chavalit & Partners : AA Insurance
Post Reply
magsandbilly
Amateur
Amateur
Posts: 43
Joined: Sun Jul 27, 2014 4:43 pm
Location: Hong Kong

Finance advice - investment accounts in Thailand

Post by magsandbilly » Sun May 14, 2017 10:53 am

Hi
Wonder if someone out there could point us in the right direction.
My husband and I are working our way towards retiring to Hua Hin. We are trying to find if there is any investments/accounts in Thailand that will give us a return of about 4%ish on our capital. The capital to be invested and we live off the return. We are Low risk investors.

Maybe we are asking for something that is not possible but we've got nothing to lose.

Appreciate any input/pointers/advice
Thanks

blanes2007
Amateur
Amateur
Posts: 35
Joined: Thu Feb 10, 2011 12:09 am

Re: Finance advice - investment accounts in Thailand

Post by blanes2007 » Sun May 14, 2017 5:38 pm

In Thailand - no way, as far as I know.

How about opening US DOLLARS fixed deposit account in nearby Cambodia? Canadia Bank (the biggest one) gives 4,75% interest rate for a non-resident clients. Relatively reliable...

User avatar
huahin4ever
Professional
Professional
Posts: 462
Joined: Tue Jul 17, 2012 12:07 pm
Location: Hua Hin

Re: Finance advice - investment accounts in Thailand

Post by huahin4ever » Sun May 14, 2017 7:24 pm

Careful!!! Thailand is the cradle for Boiler Room crooks!!!
"Two possibilities exist:
Either we are alone in the universe or we are not.
Both are equally terrifying."
Arthur C. Clarke

handdrummer
Guru
Guru
Posts: 615
Joined: Mon Mar 03, 2014 11:58 am

Re: Finance advice - investment accounts in Thailand

Post by handdrummer » Sun May 14, 2017 10:55 pm

open an investment acct. in the u.s. and do a monthly transfer, via Bangkok bank u.s. to Bangkok bank Thailand. it's about $35 per transfer. if you can do it less than monthly then you'll save some money. do not invest in Thailand it's a black hole.

User avatar
STEVE G
Hero
Hero
Posts: 11815
Joined: Mon Apr 03, 2006 3:50 am
Location: HUA HIN/EUROPE

Re: Finance advice - investment accounts in Thailand

Post by STEVE G » Mon May 15, 2017 11:59 am

handdrummer wrote:
Sun May 14, 2017 10:55 pm
open an investment acct. in the u.s. and do a monthly transfer, via Bangkok bank u.s. to Bangkok bank Thailand. it's about $35 per transfer. if you can do it less than monthly then you'll save some money. do not invest in Thailand it's a black hole.
Yes, you can do the same in the UK, I run part of my pension fund through Lloyds direct online that allows you to buy shares, funds and etf's in all the major markets. There are bond etf's that will give you about 4%, paid in dividends and they can appreciate in value as well. ( Or drop if you get it wrong! )
I've had some success with this over the last few years, it pays about 3.5% but the total returns have been quite a bit more:
https://www.ishares.com/uk/intermediari ... rmediaries

magsandbilly
Amateur
Amateur
Posts: 43
Joined: Sun Jul 27, 2014 4:43 pm
Location: Hong Kong

Re: Finance advice - investment accounts in Thailand

Post by magsandbilly » Mon May 15, 2017 7:15 pm

Thanks for all of this guys. Thanks for the warnings and suggestions.

Also heard it would be difficult to take money back out of Thailand if I brought a lot in and put into a savings account.

So a lot to ponder.

Much appreciate this forum for the quick responses.
:cheers:

User avatar
Pagey
Ace
Ace
Posts: 1865
Joined: Mon Aug 30, 2004 5:14 pm
Location: On the beach

Re: Finance advice - investment accounts in Thailand

Post by Pagey » Mon May 15, 2017 7:23 pm

magsandbilly wrote:
Mon May 15, 2017 7:15 pm

Also heard it would be difficult to take money back out of Thailand if I brought a lot in and put into a savings account.


:cheers:
Not so nowadays, search this forum for taking money out of Thailand, it has been discussed before. :thumb:
'If you didn't have a wasted youth you wasted your youth'

Man in pub circa 1987.

User avatar
Name Taken
Suspended
Suspended
Posts: 1041
Joined: Sat Nov 18, 2006 1:57 pm

Re: Finance advice - investment accounts in Thailand

Post by Name Taken » Tue May 16, 2017 10:29 am

handdrummer wrote:
Sun May 14, 2017 10:55 pm
open an investment acct. in the u.s. and do a monthly transfer, via Bangkok bank u.s. to Bangkok bank Thailand. it's about $35 per transfer. if you can do it less than monthly then you'll save some money. do not invest in Thailand it's a black hole.
:agree:

Post Reply

Who is online

Users browsing this forum: No registered users and 7 guests