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MikeTexas

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  1. I'm considering starting a few businesses in Thailand but the 49% rule is making me sit back and think long and hard on my investment. I feel I'm offering jobs and a boost to the economy that would, with any luck last for decades. Why should I invest in projects where the returns are automatically reduced by half? The option is to take a fraction of the cost, lease a condo, and just hang out and travel. (as boring as that sounds. Plan A offers several jobs, Plan B offers 1 or 2. I can understand why TH doesn't want it's lands to be devoured by foreigners but I can also see the need for compromise in this area as well.

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