BigFun

Whatever they do, the CANNOT meet it's demands. It will only encourage more monkeys to do the same.

29 minutes ago, blazes said:

 

Someone who doesn't understand how markets work (despite all the daily evidence that anyone can read about).  The only thing markets care about is certainty.  Whether the UK goes in or out is beside the point....either result would bring certainty to the currency markets and therefore the pound would move up.  

Supply and demand no? At least partly for pricing. If the banks leave, due to extra and costly bureaucracy, then the pound will plummet. However, hopefully then manufacturing will become more attractive there once again. This would probably benefit more than those only in the square mile and those after a cheap holiday. Creating real profit again. But the return to manufacturing would take a while to implement. Still could be worth it in the long run if the pound was actually worth something IN the UK ????

Fake news...its going to be so great...it really is ????

On 8/5/2019 at 11:05 AM, Lungstib said:

Proving once again there is no connection between wealth and intelligence. 

Yes there is, in this case its birth ????

He he...quickly got the cash together when the government threatened to auction off assets...let's see more of this ????

As far as I know director cannot be on Social Security, thai or 'rang or doesn't matter. 

Tourist = easy target. 

Sorting out any sh1t in their own backyard (and I dont mean from the temple strays) would mean too much hassle...and need a backbone ????

Let this be a lesson to is all. NEVER help the wife or face dire consequences ????

People these days...they dont make them like they used to ???? keep on keeping on squire ???? p.s. if you need a new battery for your 'cooter hit me up ???? 

The company director would make and sign the invitation letter NOT the shareholder. 

3 hours ago, sh2019 said:

Thank you. I think I have come to terms that either I accept that all I'd do is pay a rent 30 years up-front and make the best out of it OR drop it altogether :(((

You have a 3rd option to set up a Thai company. In 15 years of clients doing this I have never had a problem.

Intrigued to know what the offshore lease is too? 

4 hours ago, ukrules said:

There are two houses in my street that are 'owned' by foreigners with no Thais involved, obvious company owned houses.

 

They're both attempting to sell their houses for between 6 and 8 million Baht.

 

This is a row of townhouses, my next door neighbour (a Thai) was recently booted out of the house over a debt and the 'land department' was called in to provide a proper valuation. It was 2.8 million Baht. My rent in this row of houses if 15,000 / month.

 

The other houses for sale are identical apart from refurbishments, etc.

 

The woman who I live with (also a Thai) told me after speaking to a very informed source that a 5 to 6 years ago the people who owned these houses back then liked to sell them for double the true value and waited until they found some suckers to buy them.....and it worked.

 

This is why one house in a row of houses is 'worth' only 2.8 million and the others are 'selling' for between 6 and 8 million Baht.

 

Needless to say the people who are attempting to sell the houses for 6 to 8 million Baht have had no 'luck' for nearly 2 years now....

 

This practice is kown as the 'greater fool theory' - google it if you're not sure what it means. Essentially it's a business model where you sell to the bumbest idiot you can find for the most amount of money they can afford......

 

There's no such thing as a lease that lasts more than 30 years in Thailand. There should be but there isn't.

What rubbish. The LO regularly values land where I live at 200,000-300,000 per rai whereas it sells for 10 times or more that figure. The LO appraisal (raka pramun) is very often very low I would imagine in other areas too. As for house valuation they would have no idea I'm sure.

1) yes, chanot, and other deeds, can be subdivided. As far as I know deeds can be split into max 9 plots, including donor/mother plot in a 4 year period. It might be prudent to check local planning laws to see if better to split before or after planning permission is received. Here we have extra environmental laws dictating a plot must be 400m2 or more to get planning. So if you wish to make <400m2 plots here must get planning FIRST, then split :).

2) you can sell land and put construction/sale contract in name of buyer or buyers juristic person.  Or rent for 30 years max in persons name.

3) backfill costs vary massively upon location...and who you know ????

37 minutes ago, Thingamabob said:

Just do what they ask for heaven's sake. 

Maybe he's looking for a loophole ????

Use a kai faak (Sale deposit) contract with the condo used as collateral/guarantee. Make sure there is 300k+ equity in the condo.

On 4/11/2019 at 1:49 PM, eisfeld said:

The way you describe it, seems to be clearly illegal though. I wouldn't recommend doing this.

The nanny IS the employee and cost of the company. Technically the company is set up to provide nannying services, whether profit is turned or not. You WILL need to file annual returns or the company will be frozen and called, 'abandoned'.

Shares are noted in companies from # to # I.e. amounts, not %'s

Only possible if :

a) you are American, as has been mentioned or 

b) possibly under a BOI scheme, limited to certain areas of activity. 

The 51/49 thing is to make the company a Thai company. Different share structures are not forbidden, just much much harder to meet requirements. 

Other than that, share types and distribution are shown in the share table page and voting rights need to be addressed in the Kor Bangkab document also.

From my limited knowledge. 

5 minutes ago, Peterw42 said:

Or, you could not try and bend the rules to own land, accumulate lots of fully legal assets, apartments, cars, etc, and relax.

Nobody has ever had a legally acquired, and owned, property taken off them, ever !

Thats buying land, not a house. 

This artice is about a resort operating without a license and possible land encroachment. Why does the headline read about nominees? And as someone correctly mentioned, nominees are rife in Thai owned businesses too, in fact I believe it is totally legal to do so. 

53 minutes ago, KhunBENQ said:

All I understood is that the ridicolous again and again copies of the Thai ID card and housebook should stop.

Now tell other offices to stop the nonsense.

Immigration high on the list.

Doing my seventh extension recently, living same place with my wife (who accompanied me during the first three years or so).

After handing in all kind of copies of my documents the IO asks:

You live with your wife?

Yes! (why the hell do you ask again).

Do you have copy of her ID card, housebook?

Aehm...

After digging through my pool of papers in the briefcase: FOUND!

And signed by wife with blue pen.

(no idea how many they already have not to speak of mine)

 

Happy faces!

What should they do? Roll out the red carpet for you and bow? ????????

There are non O 'dependent' visas and non O based on marriage to a Thai national. It's only the latter which can apply for a WP unless I'm mistaken. Just to clarify the point.

19 hours ago, Norrad said:

You need to submit an income statement, but because you haven't been doing business there won't be tax.

Exactly, you must file end of year financial reporting before the end of May. You must pay for this but there will be no tax as there will be no taxable profit.

21 hours ago, irwinfc said:

"The airline - that was not named - would not take responsibility..."

 

why should the airline take responsibility? common sense dictates to keep your valuables with you all the time. i'd say the authorities should even challenge her to prove that she really had that much gold (or whatever that was) in her luggage.

Because they are providing a (overpriced) service.

Begin some improved Thai education...fine them 2-3× anything they made, deport them AND black mark them. 

Wian kham

4 hours ago, rwdrwdrwd said:

Depends on the type of website that is being built, for a small marketing site you can often get away with outsourcing the design and get fair results - so long as you're not too concerned about the fact that often the design isn't especially original (and occasionally simply stolen, to the point of risking legal action)

 

On the other hand, if an organisation is trying to build a global brand akin to, for example, Airbnb, or indeed attempting to reimagine the visual language of a well known entity, then a highly communicative and qualified creative is desirable.

Someone with the ability to incorporate requirements from a multitude of stakeholders that often have conflicting motivations (performance focused engineers vs advertising managers for example - the latter tend to want to throw banners everywhere), the language skills and confidence to push back in a diplomatic and considered manner when they feel strongly about a design decision that is questioned, the ability to identify and consider a variety of user personas when determining the target audience and the disparate requirements of a service that those users may have and then construct wireframes and user journeys for each of those personas. These are just some examples of the facets of a design process that don't tend to occur when outsourcing.

There can be quite a bit to it when building a large scale website or application that is intended for widespread usage.

A similar scenario occurs in development - plenty of dev work gets outsourced to India for very low hourly rates, yet many organisations choose not to do this and opt to pay increasingly extravagant salaries and bonuses, and offer golden handshakes and equity to a relatively small pool of experienced western developers. The Indian devs who are top of their game tend to get imported to the US on a H1B and a high salary - I know a few of them too, some great programmers.

Having worked with projects that have fallen way off the rails after being outsourced, to the point they needed completely rebuilding, I can understand why many companies opt to not do so, or only do so for maintenance work. Worst issue I discovered was a url injection attack that enabled anyone with the technical knowledge to access all the production database content, or wipe it all just by adding a parameter to a url. Peanuts often === monkeys.

What do you charge for a quality website? ?