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The word “Thailand” means “land of the free” – the same term we ironically use to describe Los Estados Unidos. It’s a reference to the fact that Thailand is the only country in Southeast Asia that has never been colonized by a European power. Living in Thailand can be nice if you don’t mind the slower pace and lack of overall drive, but I wouldn’t do anything more than LIVE there. That means placing little money in Thai banks and preferably having a global business rather than a local storefront. Depending on where you’re coming from, Thailand can be quite cheap or not a bargain at all. For Americans outside of the pricey coastal areas, you’ll pay about what you would at home.
In this video, Andrew shares new residence permits in Thailand.