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
Finance advice - investment accounts in Thailand
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Re: Finance advice - investment accounts in Thailand
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...
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...
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Re: Finance advice - investment accounts in Thailand
Careful!!! Thailand is the cradle for Boiler Room crooks!!!
YNWA
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Re: Finance advice - investment accounts in Thailand
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.
Re: Finance advice - investment accounts in Thailand
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! )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.
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
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Re: Finance advice - investment accounts in Thailand
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.
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.
Re: Finance advice - investment accounts in Thailand
Not so nowadays, search this forum for taking money out of Thailand, it has been discussed before.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.
'If you didn't have a wasted youth you wasted your youth'
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Man in pub circa 1987.
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Re: Finance advice - investment accounts in Thailand
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.