How to Make a Living in Paradise: Southeast Asia Edition

How to Make a Living in Paradise: Southeast Asia Edition

by Philip Wylie

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How to Make a Living in Paradise: Southeast Asia Edition by Philip Wylie

Are you seeking a richer quality of life?

The tips and guidance herein - backed by authoritative case studies and contact directory - are bound to save thousands of dollars and countless hours of research.

This guide has been written by seasoned expats in Asia for savvy individuals who are planning a smooth lifestyle adventure (or business sidelines) in Asia.

Packed with accurate, practical and honest advice, this book has been designed to cut through the world of red tape, regional health issues, and money matters - and to open doors to a good living, doing what you enjoy most.

Product Details

ISBN-13: 9789996371516
Publisher: Andrews UK
Publication date: 10/18/2012
Sold by: Barnes & Noble
Format: NOOK Book
File size: 871 KB

About the Author

Philip Wylie is a seasoned expat, having lived over 15 years in Norway, the Middle East, and Southeast Asia. In 2003, after a journey to India and Indochina, he packed his bags and left UK.

Philip's former career was in financial management with top international firms, and his master's degree from the University of London is in management science.

Since leaving the UK, Philip has written and published several books; given training workshops around Southeast Asia, and provided business research, writing, editing, and publishing services for international clients. Philip has also worked as a business and immigration advisor and real estate broker in Thailand.

Table of Contents

Preface 9

Introduction 11

Chapter 1 Preparation 17

Introduction 11

Where Is Paradise 18

Passports 21

Visas 22

Health 24

Culture & Customs 26

Money Matters 27

Insurance 30

Your Cost of Living 36

Prohibited Businesses & Occupations 38

What to Pack in Your Bags 38

Chapter 2 Keys to Survival 41

Introduction 41

Adjusting to a New Economy 42

Money Matters 43

Transportation 43

Working With the System 44

Tipping & Negotiating Discounts 45

Transferring Money Abroad 45

Local Contacts & Representatives 46

Support Groups & Networks 47

Beware the Common Pitfalls 47

Summary of Do's & Don'ts 49

Chapter 3 Buying an Independent Business 51

Start-Up Vs Buying an Existing Business 51

Using Business Brokers 52

Premises: Rent or Buy 58

Business Location 59

Business Development 60

Type of Business 61

Do You Need a Work Permit 62

Establishing an Investment Budget 63

Timing - The Best Time to Start 63

How to Evaluate Businesses 65

Total Investment 68

Business Valuation Methods 69

Adjustment of Net Annual Profits 74

Lease Terms 78

Location 81

The Seller 82

Morale 83

Asset Sale 83

The Reason for Sale 85

Due Diligence 87

The Business Evaluation Checklist 89

Property Prices 92

The Stages of Buying a Business 93

Sourcing Businesses 94

Looking for Suitable Premises 95

How to Deal With Sellers 97

The Offer to Purchase 98

Offer to Purchase Checklist 101

Completion 102

Recruiting Staff 104

Preventing Theft 104

Chapter 4 Buying a Franchise 109

Introduction 109

Are You a Suitable Franchisee 109

Franchise Evaluation Checklist 111

The Advantages & Disadvantages of Buying a Franchise 115

Franchise Categories 119

Contents of the Operations Manual 121

Case Study 122

Further Information 123

Chapter 5 Working Freelance 125

The Investment 126

The Office 127

Website & Email Address 127

Networking 128

Promotion 129

Advertising 131

Offshore Customers 132

Administration 133

Case Studies 133

Chapter 6 Alternative Approaches 135

Seeking Suitable Investors 136

Seeking a Suitable Employer 137

Seeking Sponsorship for Your Project 138

House-Sitting 140

Christian Organizations 140

Chapter 7 Popular Ways to Earn a Living 141

Employment With an International or Foreign-Owned Company 142

Teaching English 142

Owning a Local Tourist-Oriented Business 155

Real Estate & Business Brokering 155

Property Development & Management 158

Online Trading & Auctions 160

Freelance Consulting of Specialist Services 163

Writing & Publishing 164

Volunteering 168

Website Development 170

Import/Export & Manufacturing 179

Online Day Trading of the Financial Markets 181

Southeast Asia Directory 183

Brunei 185

Cambodia 187

East Timor 196

Indonesia 198

Laos 204

Malaysia 212

Myanmar 221

Philippines 223

Singapore 236

Thailand 249

Vietnam 260

Glossary of Terms 262

About the Author 263

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