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kuzmabruk

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  1. What a sad life you must be living. Married a farmer and living in a village eating raw beef with chilies. 555. Up your game and venture out to a neighbor’s house and maybe try some raw pork.
  2. With first class facilities like Pattaya Water Park, Thailand will continue to attract the well heeled foreigners who live on their frozen pensions. Recently we visited Safari World Bangkok. Many cages were empty and I assume the facilities have not been touched/repaired since the place was constructed. What a dump.
  3. in India the deposit has always been 10 months during the more than a decade I was there
  4. Financial Requirements for Thai Shareholders in a Land Acquisition Company (100 Million Baht Purchase) General Structure and Legal Context Thai law permits a company to own land if the majority of shares (over 50%) are held by Thai nationals. However, the use of nominee Thai shareholders to facilitate land acquisition by foreigners is strictly prohibited. Authorities closely scrutinize the financial backgrounds of Thai shareholders to ensure they are genuine investors and not acting as proxies for foreigners14. Financial Requirements for Thai Shareholders When a company (including one purchasing land worth 100 million baht) is set up to acquire land, the Thai shareholders must demonstrate their financial capability to invest in the company. Specifically: Proof of Income and Salary: Thai shareholders must submit proof of their income and monthly salary. This is to verify that they have the financial means to purchase their shares and are not acting as nominees1. Source of Funds: Authorities investigate the origin of the funds used by Thai shareholders to acquire their shares. If the funds appear to originate from the foreign party (for example, through loans or gifts), the application may be rejected14. Professional and Financial Background: The profession and income of Thai shareholders are taken into account. For example, a shareholder cannot be a low-income individual such as a cleaner from the law firm setting up the company14. No Nominee Arrangements: Any arrangement where Thai shareholders are not genuine investors or do not have the financial capacity to hold their shares will result in the rejection of the land purchase application14. Summary Table: Key Financial Requirements Requirement Details Proof of Income/Salary Must be provided by each Thai shareholder Source of Funds Must be verifiable and not traceable back to the foreign party Professional Background Must be credible and consistent with the shareholder’s financial capacity No Nominee Shareholders Strictly prohibited; Thai shareholders must be genuine investors Additional Notes If the company is BOI-promoted and meets specific criteria (such as a minimum paid-up capital of 50 million baht), different rules may apply, but these are not relevant to the standard land acquisition company structure described above235. The authorities’ scrutiny has intensified, and any suspicion of nominee arrangements can result in rejection of the land purchase application14. In summary, Thai shareholders in a land acquisition company must provide clear evidence of their financial capacity to invest, and their funds must not originate from or be controlled by foreigners. The use of nominee shareholders is illegal and will result in the rejection of the land purchase. Citations: https://www.samuiforsale.com/knowledge/land-holding-company-structure.html https://franklegaltax.com/boi-revises-regulations-for-land-ownership/ https://belaws.com/thailand/land-ownership-rights/ https://www.lorenz-partners.com/owners-property-tha/ https://belaws.com/thailand/real-estate-law-in-thailand/ https://benoit-partners.com/real-estate-investment-thailand/ https://www.boi.go.th/index.php?page=setting_up_a_business https://www.siam-legal.com/thailand-law/steps-for-company-registration-in-thailand-2/ https://www.dsi.go.th/Upload/392a03a714cbda9d4972a5fda6cc1b51.pdf http://www.thailandlawonline.com/66-real-estate-legal-issues/14-can-a-thai-company-be-my-nominee-for-land-acquisition https://startupinthailand.com/buying-property-in-thailand-through-a-thai-business/ https://www.sunbeltasia.com/setting-up-a-100-percent-foreign-owned-company-in-thailand-what-are-the-options/ Answer from Perplexity: pplx.ai/share
  5. Out of 40 million tourists. Who cares. Fix infrastructure. That will make locals and foreigners happy
  6. At home your phone is connected to both networks with wifi being preferred but not only. as to this technical wonder of cellular broadcasting. Cell Broadcast messaging was first demonstrated in Paris in 1997. now to be demonstrated in Thailand 28 years later technical geniuses at work here
  7. They would need to setup bleachers (stands) for all the Thai gawkers who would be filing their grievances online while fixated on the private parts of farangs. It would be a sight to see.
  8. Problem is many vehicles with sirens drive around with the siren on and this makes people disrespect sirens. It’s difficult to stop this, but making the offense of blocking an emergency vehicle with its siren on incur a severe penalty is not difficult. But this is Thailand and so the penalty will probably not be 50,000 baht as it should be.
  9. No they wouldn’t. A Thai driver of a Honda Civic, maybe yes, a Thai driver of a Ferrari or Lamborghini - no. They are waved on unless of course they have crashed their car and then they are driven home by the police who act as a taxi for the rich.
  10. For wealthy anything. Wealth has privilege. This is true everywhere in the world. The poor sheep love to watch the rich on youtube, tiktok, TV, anywhere. They worship the rich. So let them be quiet and let the rich do what they do best. Which is to make the sheep envious.
  11. Nobody charged for DUI ??? Amazing Thailand. They should advertise this internationally - “drink & drive Thailand”
  12. just need to go in to their bank and check that the phone number connected to the account is in the same name as the name on the account. wrong!!!!! the bank has been instructed to do this with the carriers (AIS, True, etc.) they will contact you, nothing to be done until they contact you.
  13. I have seen a few instances and read many articles about how the Hong Kong Chinese are disgusted by mainland Chinese who piss in the street, male and female.
  14. What do they expect. They treat people like trash and on top of that they do not clean or maintain the infrastructure and environment. TIT now stands for Thailand is Trash.
  15. Insurance claim. No insurance, no claim.
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