asean

Complying with local zoning laws is normal circumstance 🙂

companies dont die

Actually most Thai farmland was "GIVEN" to them by the government and handed down by generations where the rights of use titles are gradually upgraded to chanods. Ask your wife if her family actually bought the farmland.

What progress has it stopped? The land still gets leased to foreigners for 99 years to be used as per the zoning laws....

I thought it was really simple... 99 year leased land reverts to state ownership.

you mean the Thai people right? And what is wrong with that?

Actually no... the landowner can only lease the land for use as designated by local zoning laws. Putting 99% leased land in govt control effectively retains the land in Thai ownership. It is a good idea. I cannot see who is being greedy here.

actually it might be because they are not as stupid as western countries who allow foreigners to buy land pricing the locals out of the market... They should never allow leases more than 30 years... and they should also start enforcing the existing prescribed jail sentences for foreigners using nominee companies to buy Thai land.

Section 113 of the land act... any foreigner using a nominee person or juristic person to acquire Thai land will face a penalty of 20,000 baht or 2 years jail or both.... I have defended and prosecuted many of these cases and it usually ends up with a "large cash settlement".

That's a bit rich considering Trump's multiple bankruptcies LOL.... live within our means LOL

Price 7,200 baht. English report.

More of these movies please ???? But they must realise that they are being kidnapped Chinese mafia right??

It is impossible to impose income tax on "net-tax funds" transfers into Thailand..... If they did that it would be called a very heavy incoming funds transfer tax... which needs to apply across the board.. Example John and Mary Smith sell their primary residence townhouse in Manchester for a 20m baht tax free capital gain and bring in 10m baht to buy a 30 year lease house in Thailand.... is Thailand going to treat that as income and tax it? There is only half the law announced so far.

Police discovered a 930 room complex???? how did they miss that?

Everyone. The use of a Thai company is an offence under section 113 of the land code with a 2 year prison sentence. It’s an old law but they are now starting to enforce and prosecute starting down south. It is also illegal for a Thai to enter into a partnership with a foreigner in any matters of Thai land.