The short answer is “You do!”. So does your Thai loved one. Your family and loved ones back in your native country also need for you to have a Thai last will and testament – and one back there, as well. Chances are if you’re living here (or contemplating living here) you’ll own a home (house or condo); a car or motorbike; very possibly a business; jewelry or other personal property; and money in a Thai bank. Those assets need to be protected for your beneficiaries, be it your family in your home country, or your Thai family or partner.

1. Don’t Concentrate on Disagreements It’s easy in a competitive situation (which to some extent buying and selling is) to put the emphasis on problems. Approaching the process in that way, though, can build up distrust and resentment that can make it harder and harder to ultimately create a “win/win” solution. Neither buyer nor seller will get everything they want. But a positive approach that keeps an eye on the “big picture” is more likely to create an agreement that both find attractive than one that bogs down over every minor imperfection.

If you've spent any time at all looking at bar/restaurant for-sale listings in and around Pattaya, you’ve probably noticed that there are more of these listed than any other single type of business. Is this a good or bad thing? There are two ways to approach the question: the optimist will say that there's a great market when the time comes to sell; the pessimist will want to know why all of these people are selling their business.