US Thai Treaty of Amity

[Number 6]

I think this treaty is long dead but does anyone know if one can hold property through this?

 

I'd read it was just sort of existing in limbo. It won't be renewed evidently but not been cancelled. Like that...

 

Any other ways Americans can own land other than the standard corporation route?

 

Thanks

 

[forqalso]

https://2016.export.gov/thailand/treaty/index.asp#P6_233

 

Despite the Treaty of Amity, there are still certain restrictions on U.S. investment as follows:

Owning land;

Engaging in inland transportation and communication industries; 

Engaging in fiduciary functions; 

Engaging in banking involving depository functions; 

Engaging in domestic trade in indigenous agricultural products; 

Exploiting land or other natural resources

[prism]

The treaty is not dead although there's some in Thai government would like to see it go. An "Amity" company cannot own land, only a "Thai" company can. We Americans cannot own land in Thailand. 

[NotYourBusiness]

1 hour ago, prism said:

The treaty is not dead although there's some in Thai government would like to see it go. An "Amity" company cannot own land, only a "Thai" company can. We Americans cannot own land in Thailand. 

Although many have tried.

[kevin612]

The worst thing we can not even own a 100 %company, darn it.

Edited September 30, 2019 by kevin612

[timendres]

1 hour ago, kevin612 said:

The worst thing we can not even own a 100 %company, darn it.

You can if you are covered by the Amity Treaty.

[edwardflory]

2 hours ago, kevin612 said:

The worst thing we can not even own a 100 %company, darn it.

Edited 1 hour ago by kevin612

Yes you can under the treaty, there are requirements such as a ratio of Thai employees to "other" employees.

 

1 hour ago, timendres said:

You can if you are covered by the Amity Treaty.

BUT, some industries / occupations are restricted to Thai only.

 

Their are ways around the Thai only, but involve MASSIVE MONEY INVESTMENT and EXTREME LEGAL paperwork.

Edited September 30, 2019 by edwardflory
addl info

[4675636b596f75]

My 12 year-old son can own my company.

[Pedrogaz]

Here is a question for the forum. I am an American citizen but I used another passport when I applied for my visa (retirement). Thus I am stuck with a visa in a passport from a country that does nothing to help its citizens.

What does it take to change the visa into my American passport?

[ericthai]

6 hours ago, Pedrogaz said:

Here is a question for the forum. I am an American citizen but I used another passport when I applied for my visa (retirement). Thus I am stuck with a visa in a passport from a country that does nothing to help its citizens.

What does it take to change the visa into my American passport?

Leave Thailand and get a new visa in you're other passport!

[Number 6]

Thanks for your responses