Post: #26

(01-06-2017 02:34 PM)Brodiaga Wrote:  (e.g. more than a few thousand bucks before you know if you succeed or fail).

Especially stay away from stupid ideas such as opening a bar or hotel in Thailand where you can't even get a proper visa and become a resident. Basically stay away from doing business on the ground in any country where people are relatively poor and/or government is corrupt. Exception to this rule may be your home country, particularly if you have connections and can make corruption work in your favor.

I don't know why people would do this in countries where you cannot have ownership in your business, especially when you have no connection to the country. As for doing things on the ground, you just have to do something the locals cannot.