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keestha

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Posts posted by keestha

  1. Key money is originally a Chinese business tradition. The lessee pays a relatively low rent, but in order to get the lease he has to pay an often large amount of money to the landlord which is called the key money. Many westerners purchasing bars and guesthouses were unhappily surprised when they discovered they not only had to buy the business from the existing owner, but that they also had to give key money to the landlord in order to get a rent contract for the business premises.
  2. Richy,

    You cannot change your visa status whilst being in Thailand. When you enter the Kingdom on a tourist visa and then find work, you would have to leave the country and go to a Thai consulate in a neighbouring country with a letter of the prospective employer offering you a job, and apply for a non immigrant B (business) visa which is necessary for obtaining a work permit in order to work legally.

  3. Having a look at the businesses Sunbelt has to offer in Thailand, I noticed that a few of them are in rented premises, with a lease which is due to expire in the foreseeable future, but with an option to extend the lease. I have always wondered how safe these options are. Once I saw an option actually biting the dust, but maybe it was not properly worded in the contract or so. Normally speaking a rent contract in Thailand for more than 3 years must be registered at the Land Office, and I think it also has to be written on the chanot or other land paper in order to be valid. Can one really rely on an option to extend a lease once it expires? Sunbelt please shine your light on this, thanks in advance, and are there maybe any other people who have experience with this?
  4. Just a few observations: an alternative to establishing a company could be forming a partnership limited with your girlfriend, a work permit can also be based on a partnership limited.  As far as a residence permit is concerned, probably just forget it. It is very, very difficult to get, one of the requirements is that you have to be able to speak, read and write Thai fluently. Also if my knowledge is still up to date, issuing of residence permits is bound to a quota system of 100 permits per nationality per year. No way you automatically get it after you have had 3 one year visas in a row. By the way many work permit holders and also foreigners being in the process of applying for a work permit are staying in Thailand on one year multiple entry non immigrant B (business) visas, which give you the right to go to Thailand as often as you want for maximally 90 days for as long as the visa is valid. Also the last day of validity you can still make a new 90 days entry, so that altogether you can stay 15 months, but every 90 days you will have to make a trip to Myanmar (Birma) and back to get yourself a new entry stamp. This type of visa is easier to get than a regular one year visa.
  5. Being able to speak and read Thai, I found it relatively easy to go through the procedure of applying for a work permit myself. The bookkeeper just had to help me out with a few minor things. It is a matter of going to the labour department and inquiring what documents they require, and then work your way through the red tape. One year visa I once arranged myself likewise. Fact is that lawyers or middlemen offering legal services take a lot of money from foreigners, capitalizing on the fact that they do not master Thai language. The real costs of obtaining a work permit or a one year visa are just a few hundred Bath legal fees. I should mention though that my company is only doing business on a small scale, maybe if things like BOI approval come into the game, different rules apply. Also it might make a difference where in Thailand you want to do business, I am based in a small upcountry province.
  6. According to Thai law, a person who was born having Thai citizenship but who has given up Thai nationality in order to become or remain citizen of another country, can inherit land/real estate legally but has to sell the property within a year.  Thai law does not accept dual nationality for persons aged 18 yeas or above. Children born out of a mixed Thai/foreign liason can have dual nationality till they become 18 , then they will have to choose between Thai nationality or the nationality of the foreign partner. This is only my two bath worth of wisdom though, what I say might be outdated, laws are subject to change. Consult a lawyer who is familiar with this type of problem, most likely to be found in places with a heavy foreign presence such as Phuket or Pattaya. Regards, Keestha.
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