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Navigating your financial future as an expat in Thailand requires more than just standard investment advice. In this eye-opening episode, financial advisor Scott from Max Foresight joins Mike and guillaume to uncover the often-overlooked realities of managing money abroad.

Most expats don't realize they're actively losing money by keeping funds in Thai bank accounts. With inflation outpacing interest rates, your purchasing power diminishes yearly even as your account balance remains stable. Scott explains how diversified global investments can protect and grow your wealth, especially compared to traditional Western strategies that don't translate well to Southeast Asia.

The conversation tackles the surprising truth about Thai real estate – contrary to Western markets, condominiums here typically depreciate rather than appreciate. With an oversupply of units sitting empty across cities like Pattaya, property investment rarely delivers the returns expats expect. Guillaume shares his firsthand experience of why renting often makes more financial sense, offering greater flexibility at a fraction of the cost.

Perhaps most valuable is the brutally honest discussion about the expat dream of opening a bar or restaurant in Thailand. As one experienced owner puts it: "Opening a bar in Thailand is like working at Disneyland – you don't see the magic anymore." The hosts explore why these ventures frequently fail despite seeming like ideal retirement projects.

Whether you're planning retirement abroad, already living in Thailand, or simply curious about international finance, this episode delivers practical wisdom that could save you thousands. Learn how to structure your investments, manage pensions from back home, and avoid the costly mistakes that drain so many expats' savings.

Ready to make smarter financial decisions? Connect with Scott through our show notes or reach out with your questions at [email protected]. Your future self will thank you.

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