Kick start the economy post Covid

[Thailand]

Allow foreigners to buy land?

 

What do you think?

[bkk6060]

8 minutes ago, Thailand said:

Allow foreigners to buy land?

 

What do you think?

Yes. Or, getting mortgages. Real estate is so dead changing some of the rules could be help recovery.

[BMW Overlander]

Never gonna happen. Thais actually believe we already took 30% of their land. Xenophobia and lack of even basic education breeds ignorance of medieval proportions.

[mr mr]

legalize weed. tax it to the titties. give licences to normal everyday people and allow them the opportunity to cash in. 

[baansgr]

In the Tomyam crisis, some condos were allowed 100% Foreign ownership.....only for that law to be rescinded a few years later leaving foreign owners/sellers having to sell to Thais or those with a company. So even owning land here wouldn't surprise me if it was snatched back at some later date when the economy picks up.

[Mama Noodle]

19 hours ago, Thailand said:

Allow foreigners to buy land?

 

It'll be a cold day in hell.

[Vigilante]

2 minutes ago, mr mr said:

legalize weed. tax it to the titties. give licences to normal everyday people and allow them the opportunity to cash in. 

Quote

Tax it to the titties

If they do, black market weed will be cheaper

Quote

give licences to normal everyday people and allow them the opportunity to cash in. 

I have no clue what you mean there...try posting when not under the influence

[LukKrueng]

Not allowing foreigners to own land is one of the most sensible laws in Thailand. Look what happens in countries like the USA and Australia where many Chinese and middle easterners own so much of the land. 

Many years ago in some remote rural areas access roads were constructed in order to make farmers lives a bit easier. The adverse effect was that developers then found those locations attractive. Farmers were tempted to sell for what seemed to be a very high price, but for the developers were very cheap. The developers got much richer and the poor villagers were left with no land to cultivate and no source of income

[BritManToo]

Just now, LukKrueng said:

Not allowing foreigners to own land is one of the most sensible laws in Thailand. Look what happens in countries like the USA and Australia where many Chinese and middle easterners own so much of the land. 

 

.......... and yet China owns Thailand.

Edited May 7, 2020 by BritManToo

[Vigilante]

5 minutes ago, LukKrueng said:

Not allowing foreigners to own land is one of the most sensible laws in Thailand. Look what happens in countries like the USA and Australia where many Chinese and middle easterners own so much of the land. 

Many years ago in some remote rural areas access roads were constructed in order to make farmers lives a bit easier. The adverse effect was that developers then found those locations attractive. Farmers were tempted to sell for what seemed to be a very high price, but for the developers were very cheap. The developers got much richer and the poor villagers were left with no land to cultivate and no source of income

They could easily avoid this pitfall by limiting the size of purchase to 1 or 2 rai per person.

[mr mr]

14 minutes ago, Vigilante said:

If they do, black market weed will be cheaper

I have no clue what you mean there...try posting when not under the influence

um maybe you need to learn english a little better ? it's quite clear what was written.

 

 

[fxe1200]

It would be an easy thing to allow foreigners to buy land. To avoid foreign infiltration, the government could limit the ownership (and that of its heirs) to 99 years. After that, the land and whatever is on it, would go back into the hands of the government. This practice had been executed in Mexico for years, though I do not know about today.

[Pungdo]

I've been saying for ages that a minor change to the law that allows foreigners that are legally married to a Thai, should be allowed to be a joint owner of your principle place of residence, putting a size limit on it would stop huge land grabs with a house plonked on it.

[Yinn]

No.

 

Can buy land with company already= price to high for thai in some place. 

 

Sell land higher price will not improve economy. Land just be expensive.

 

i have land = good for me, but not good for economy and Thai people. 

 

Thailand have high baht because high “inflows”.

If sell the land will have more “inflows”= higher baht= I will must listen you guys complain more.

 

=Bad idea. 

 

Thai land is for Thai people. If you want be citzen= then you can buy land yourself. 

 

Rent land if you want.

 

Same other country.

 

[Yinn]

1 hour ago, Vigilante said:

They could easily avoid this pitfall by limiting the size of purchase to 1 or 2 rai per person.

1 billion Chinese = 2 billion rai. 

 

Sell them condo better, not land.

[bander]

Keep on dreaming, the Thai elite who make the rules will never let that happen.

I can imagine the scenario, foreigners buying up land in rural Thailand and let the Thais working on the fields. 

South Africa is an example.

[Mama Noodle]

3 minutes ago, Yinn said:

Thai land is for Thai people. If you want be citzen= then you can buy land yourself. 

 

And this statement I feel perfectly sums up how Thai people feel about anyone that isn't a Thai. 

 

Take heed, bootlickers. 

 

5 minutes ago, Yinn said:

Same other country.

Fake News. 

[Yinn]

1 hour ago, BMW Overlander said:

Never gonna happen. Thais actually believe we already took 30% of their land.

Who believe that?

“Thais” ppffft

 

 

1 hour ago, BMW Overlander said:

 

Xenophobia and lack of even basic education breeds ignorance of medieval proportions.

Happen to you? 

[bander]

1 hour ago, Vigilante said:

If they do, black market weed will be cheaper

I have no clue what you mean there...try posting when not under the influence

What does weed has to do with foreign land owners anyway?

Somebody had a few drinks and a couple of joints this morning or what?

[khunjeff]

1 hour ago, fxe1200 said:

It would be an easy thing to allow foreigners to buy land. To avoid foreign infiltration, the government could limit the ownership (and that of its heirs) to 99 years. After that, the land and whatever is on it, would go back into the hands of the government. 

That's leasing, not buying.

[5633572526]

2 hours ago, BritManToo said:

.......... and yet China owns Thailand.

And much of Australia as well

[5633572526]

I would be against anything that would give China a stronger foothold here.

they already own the vast majority of the air bnb condos in Southeast Asia and that money (beyond the purchase of the condo) goes straight back to China with no benefit to Thailand or any other country they are in. Why do I say that? I travel frequently and use air bnb regularly, in the last 3 years I have done 37 rentals with air bnb in Southeast Asia and don’t remember any that weren’t Chinese owned. 

[mr mr]

shame this thread has already been hijacked. could of been an interesting read but now will just turn into a big bag of stupid.

[Lacessit]

Spend more on stimulus, less on tanks and helicopters.

[crazykopite]

2 hours ago, LukKrueng said:

Not allowing foreigners to own land is one of the most sensible laws in Thailand. Look what happens in countries like the USA and Australia where many Chinese and middle easterners own so much of the land. 

Many years ago in some remote rural areas access roads were constructed in order to make farmers lives a bit easier. The adverse effect was that developers then found those locations attractive. Farmers were tempted to sell for what seemed to be a very high price, but for the developers were very cheap. The developers got much richer and the poor villagers were left with no land to cultivate and no source of income

Many Thais own land and property around the world especially in the U.K.

[djdubuque]

I think it would be better if they allowed more to become Thai citizens and then allow land ownership.

[Mick501]

Maybe allow land sales but levy an annual tax on the value of the land for absentee/foreign owners.  Reduce incentive, but in the event that people still want to buy, it will contribute to the coffers on an ongoing basis.

[robertson468]

3 hours ago, Vigilante said:

They could easily avoid this pitfall by limiting the size of purchase to 1 or 2 rai per person.

Malaysia have a very sensible system for those who would like to own a House.  It's where commonsense over rules irrational xenphobia.  What are the Thais worried about - that Foreigners are going to export the land back home?  Crazy is as crazy does!

[kevden]

I believe selling land to non citizens is not a good idea. I say that for land in Thailand, as well as Laos, Australia, or wherever. Keep it for the citizens. Leasing for a long period might be a decent strategy. Sovereignty is important as is looking after your citizens. 

[Bob12345]

43 minutes ago, djdubuque said:

I think it would be better if they allowed more to become Thai citizens and then allow land ownership.

Yes, its not like you gain anything from thai citizenship besides access to the cheap health system. They dont have to worry about millions of africans coming in as they rather go to europe for free government money.

 

Many foreigners married to thais would probably love citizenship here, and they would invest more money into the country once they have more security.