Formerly best known in the tourism business for its sleazy nightlife, Pattaya is enjoying Southeast Asia’s earliest second-homes property boom, and the buyers are first and foremost wealthy Europeans and Americans.

Last year, the resort sold more than $230 million of beach side condominiums – more than 7.7 billion baht – mostly to foreign buyers.

Though modest by international standards, the construction boom – there are almost 300 condominiums and residential projects under way in the Pattaya district – has already raised relate to about exacerbated water scarcities and rising offense against foreigners.

And the boom is pricing towns out of the market.

“Four or five years ago, you could buy any condominium unit for about $30,000 to $35,000,” said Clayton Wade, managing director of the Premier Homes Real Estate Co and a longtime Pattaya tenant. “They have all at least tripled.”

The costs are being ramped up by the insufficiency of reasonably priced vacation accommodations in the United States and Europe, a growing epidemic market for beach-side realty and a lot of gambling, including some money- laundering activity.

“We’ve got plenty of monkey business in this town,” Wade conceded.

Similar housing booms are occurring at Thailand’s other beach resorts – Hua Hin, Samui and Phuket – and to a minor degree in other Southeast Asian objectives, especially on Indonesia’s Bali.

And the take-off in second-homes sales is not restricted to Southeast Asia.

Europeans are flocking to Croatia and Bulgaria to snap up Mediterranean villas that are cheaper than what’s on proposal in Spain. Americans are going south to Mexico, Costa Rica, Panama, Nicaragua and Honduras in search of affordable getaways.

The worldwide migration from the developed world has been unleashed by a number of factors. For starters, there are a lot more filthy rich people in the wealthy countries, and much of this new riches has been generated off property.

Pursuant to estimates by The Economist magazine, the value of residential real estate in developed countries increased by more than $30 trillion from 2001 to 2005, a multiplication equal to 100 per cent of those countries’ gross domestic products.

The Economist’s dire forecast in 2005 that this property boom is the world’s biggest bubble that is about to kaboom has yet to be actualized. Instead, the bubble has spread to more far-away shores.

“Globally, what’s happened now is there are a lot of people not just buying a second home but finding that investing in real estate makes money,” said David Simister, chairman of the real-estate company CBRE Richard Ellis in Bangkok.

Simister is selling luxury properties on Thailand’s Phuket island, some of which are fetching up to $5 million. The foreigners who are buying these real estates are commonly reselling them at a huge profit.

“People are very understanding investors,” Simister said. “They understand property is an appreciating asset and total beachfront or ocean view is a limited commodity.”

In other words, the realty boom has gone global. It helps that the world is a much more connected place and that even far-flung locations are often easily obtainable.

At your $5 million villa in Phuket, you are a hour’s drive from an international airport that can take you to any country in the world. And rather than queuing at a travel agent’s you can book your ticket via the internet from your home computer while watching CNN on cable TV and munching on some Kentucky Fried Chicken, home-delivered.

This is all great news for the rich. Construction on deluxe condominiums and villas is also good commerce for local economies, providing occupations and new markets for local suppliers of goods and furniture.

But there are downsides.

Take a look at Spain, which brags the biggest second-homes business in the world, worth more than 4 billion euros ($5.2 billion) in sales annually.

Foreign buyers have driven up housing prices at double-digit rates, making accommodations largely unaffordable for most Spaniards. Around 30 per cent of Spain’s young adults live with their parents.

Sellings of prime estate to individual investors can also mean gone chances for the local tourism industry as the example of Galle, one of the most popular tourist destinations in Sri Lanka, shows.

“We are having a big trouble as foreigners have purchased accommodations in Galle city, posing a severe setback to the local tourist business,” Mayor Kelum Senaratne said.

“At least 40 homes have been purchased straight by foreigners in the Dutch Fort in Galle, and they are making renovations according to their own will despite the fort being declared a World Heritage site by UNESCO,” the mayor said.

Social scientists have expressed anxieties that this new migration of wealthy foreign homeowners into the developing world could end up causing more community problems, such as competition for water resources and rising crime, than the economic opportunities are significance.

“Governments think about [property] development in terms of investment, job creation, incoming dollars but not in terms of the social impact on the local population,” warned Allen Cordero, professor at the Latin American Faculty of Social Sciences in Costa Rica.

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Many entrepreneurs and executives want to move forward with the process of going public merely for the ability to raise capital through the sale of stock. They usually don’t think of the strategies necessary to keep the momentum going such as how much equity to give up initially, how much equity to sell ongoing, how to capitalize off of the use of the securities as collateral for loans and lines of credit and so on.

One of the most profound strategies companies can use to retain company equity while capitalizing off of their public entity is to put up portions of their securities as temporary collateral for loans and to use securities to grow through acquisition of strategic alliances.

Stock should be looked at as cash and designated for appropriate purchasing strategies. Stock monetized through collateralized lending can work wonders as long as the exit strategy is in place and secure. Your attorney should be well versed in this activity and audit the contract for convertible aspects which could strip the transaction of its advantageous nature.

Debt that converts to equity means giving up a huge bartering chip for future transactions. Don’t give up equity unless you have to. There are scores of companies that will lend against your securities without having to give up long term equity. Use this strategy wisely and you’ll never have a problem getting capital.

Also, using stock to purchase strategic partners is more relevant now than ever. Purchasing a company with stock that can be monetized over time is an incredible way to grow through acquisition. Going public on the OTCBB is a quick and easy way to start using the countless capabilities for capitalization with a public entity. Going public simply to raise capital with your market maker or broker dealer would be selling yourself short. Take advantage of the countless ways your securities can work for you.

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Everyone’s attention is on the bride in a marriage ceremony, therefore the bride’s looks and her wedding gown have to be ideal for the event. To make you look picture perfect and elicit the attention of the guests, the correct bridal dress has to be selected, and this should be done keeping some aspects in mind.

The entire ceremony can be ruined if the bridal dress is badly made or is late in arrival from the shop, so the right store has to be selected for placing the order. A bridal dress requires numerous and elaborate fitting sessions, so the nearer the store is from your place, the safer it is.

You must wear a wedding dress of a colour that will make you look more beautiful than all the invitees. Sampling a few dresses of different colours will always help. However, fashion and appearance should not be overemphasized at the expense of comfort. A cosy and attractive dress will ensure that you can enjoy the event while looking good at the same time.

You should always choose a dress that will make you more photogenic. If you live in Singapore, you can easily contact a photographer who can suggest you the colours and shades that appear good in photographs.

Almost all the big markets have good Singapore wedding photographers waiting to help you out. Such photographers can also be contacted online. Most wedding photography Singapore companies have long-standing reputations in this field. But, it is advisable to consult people who have taken these services before picking one company. The proficiency and expertise of the photographer are the ultimate factors that will determine the quality of the output, so it is better to be safe by selecting the correct organization than be sorry later by hiring the services of a dubious one.

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Few brides would want to be frugal when it comes to wedding photos, as they provide everlasting memories. We, too, are hesitant about advising people to attempt saving money on wedding photos; however, with the rates rising dramatically on professional wedding photography, this service may be too expensive for some brides to handle.

These are a few suggestions for budget-minded brides who want to save on wedding photo expenses:

1. Find a member of the family or acquaintance who is a photographer. You are almost sure to find somebody who enjoys photography and has pretty good camera gear. See if you can find a relative who is a pretty good photographer, and request their assistance. You will find that folks are happy to assist with weddings, and you can conserve on wedding expenses by employing their help. If you do find someone, be sure you get together with them prior to the event talk about any specific shots that you want.

2.) Contact the Local University to Hire a Photography Student. The chance to add some photos to their portfolio by photographing an event will delight them. They are not professionals, but you can count on them to have fresh and creative ideas which can translate to memorable photographs.

3.) You Can Provide Disposable Cameras to the Guests As Well. Put the disposable cameras on every table to let your invitees take pictures. You can choose the photo that you like the best after looking at photos from various angles. Place one person in charge of the development of the photos and camera gathering.

(4) If you must have a professional do the job, shop around and contact several photographers for quotes. Tell them you are trying to stay to a strict budget and see what they can do for you. You may well be pleasantly surprised by their reaction. Cutting back on the amount of photos taken will also help you stay within your photo budget.

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We get calls all day, every day from companies that talk about ‘wanting’ real corporate publicity that will transform their company but few have the stomach for what it really takes and even fewer have the financial dedication it takes to obliterate their competition and take their rightful place at the top of the food chain.

Of course it’s important to cater to the traditional media (TV, radio, newspaper, industry journals, etc) but the genre of publicity that wins every time is viral publicity consisting of video, social and news bookmarks, article submissions, press release submissions and photo/logo sharing sites. The reality is online publicity is where you’re going to completely annihilate your competitors and claim your rightful position.

When you take into consideration the ultra powerful medium and stealth of viral publicity, all other promotional genres cower in comparison. Online your pre public or post public company will claim instant viewers and a cult-like following that TV and radio can’t even remotely compare. Billions of searches take place every day and it is the viral publicists job to do what SEO and traditional publicists can’t do and that is get solid search engine ranking while simultaneously bringing in powerful results that are targeted and strategically placed.

Forget pay per click, it’s a waste of your time. crush everything in your path with viral publicity that claims power positions on the natural search results on all search engines. You must have a solid combination of mediums at use to take control of targeted keywords and industry genres.

So the next time you tell your self-proclaimed publicist or seo agent that you need publicity that will claim your position and deliver virtually instantaneous results for your company, you’ll understand why there is silence on the other end of the line…because they have no clue as to what it takes to get serious results that will rip and shred everything in your path. The powerful combination of viral publicity and massive exposure will force-feed your concept to the willing masses who are pleading with a company in your industry to step up and spoon-feed the very info that your company is offering.

Stop wasting time and money with so called ’solutions’ that don’t work. You need a publicist, investor relations specialist and SEO demigod that will take you by the hand and pave a way for your company to succeed.

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The selection of a marriage venue is always the foremost priority for any wedding preparations. The venue, whether old fashioned or contemporary, always sets the mood for the marriage, which in turn is reflected in the photographs.

The couple’s expectations must clearly be communicated to the wedding photographers, whose task is a very important part of the wedding. An established bridal photographer must know how to capture the beauty of the bride and the venue in his pictures. Paying equal attention to the bride and the venue is a feat that only seasoned wedding photographers are able to achieve.

Each venue has its own features and peculiarities that are unlike other venues. Some people prefer a traditional ritualistic marriage in the church or other places of worship, while others may decide to go for something much more modern. Religious venues are undeniably very camera friendly because of their architectural splendour and are a source of endless possibilities to all types of wedding photographers.

But the interiors of most venues create difficult challenges for wedding photographers. The surroundings of the venue can be explored for a beautiful outdoor site that can be made use of to click the bridal and wedding photographs in this case. Experienced bridal and wedding photographers, by dint of their vast experience can help you well in your search for the appropriate venue.

Besides selecting the perfect venue, there are various other things you must consider to make sure that you get the best wedding and bridal photographs on your momentous day. A skilled wedding photographer must target at not only clicking the natural attractiveness inherent to a venue, but also enhancing it through his photographic acumen. Thus it all comes down to the expertise of the photographer who can deliver precisely what you expect from him.

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