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Foreigners offered new ‘smart visa’ if they buy a condo in Thailand, Elite Card holders offered work permits


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Posted
1 hour ago, Pib said:

No doubt in places like Pattaya, Phuket, parts of Bangkok, and other farang heavy locations there will be very significant price drops, but those locations are only a small part of Thailand.

Perfect...I'd never live in Nakhon Nowhere.

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Posted

You would need a reverse proof agreement that the Thai Government can't wriggle their way out of, unfortunately these deals can be reversed at a drop of a hat, risk assessment needs to be fully thought out, after looking at this year, I can't place any trust in any countries Government in any future years, anything can happen.

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Posted

Just another kick in the teeth to those that have already invested millions in condos and are as welcome as a fart in a spacesuit. Or not welcome at all as they can't get in. Good luck to those dumb enough to fall for it.

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Posted
22 hours ago, Pattaya Spotter said:

I hope so...maybe pickup a nice condo or house cheap.

Don't buy a house!  You can never own it 100%.  Those who set up a company will assure you it is foolproof until the <deleted> hits the fan.  Then they will tell you both sets of shareholders are liable for jail.  I've got the T-shirt.

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Posted
2 hours ago, mikebell said:

Don't buy a house!  You can never own it 100%.  Those who set up a company will assure you it is foolproof until the <deleted> hits the fan.  Then they will tell you both sets of shareholders are liable for jail.  I've got the T-shirt.

fully agree. foreign are not entitled to own land in this country. period.

buy a boat but not a house.

But if you're married with a decent thai woman and you trust her that's one option, but again you will own a shot in your name.

Posted
On 10/13/2020 at 9:25 PM, Peterphuket said:

Yeh, but no freedom anymore....When I see Carry Lam, I prefer to stay here, and it will be worser, you know that. Honk Kong is lost forever.

 

Yes, it is sad to say but although I am a Hong Kong permanent resident I will never live there again. I still have family and 100's of friends there so I will keep visiting to see them.   Thailand is now my home. 

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Posted
3 hours ago, mikebell said:

Don't buy a house!  You can never own it 100%.  Those who set up a company will assure you it is foolproof until the <deleted> hits the fan.  Then they will tell you both sets of shareholders are liable for jail.  I've got the T-shirt.

Been on the Video yet?

Posted
23 hours ago, A512 said:

fully agree. foreign are not entitled to own land in this country. period.

buy a boat but not a house.

But if you're married with a decent thai woman and you trust her that's one option, but again you will own a shot in your name.

I thought I had married a decent Thai lady but she connived with the audit company to alter share holdings so she owned more shares than me.  I signed all the Thai documents in my innocence and trust.  My farang children lost a chunk of their inheritance.

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