webfact Posted September 20, 2021 Share Posted September 20, 2021 Picture: Thai Rath Deputy spokeswoman at the PM's office Ratchada Thanadirek said at the weekend that various ministries and other organisations had been tasked with coming up to changes in the land ownership laws inThailand. And their considerations could result in law changes as early as 2022. Ratchada was referring to last week's decisions to try and attract well heeled foreigners, retirees, workers and those with much needed skills to the country over the next five years to boost economic development. They would get long term visas and Smart Visas and not have to do 90 day reporting. It involves tax breaks and being able to work for employers both in Thailand and abroad and would aid so-called digital nomads. One of the main features of the new proposals is land ownership in Thailand, a hot chestnut that has been debated for years. Picture: Thai Rath Ratchada said on Saturday that the Interior Ministry and Treasury would be working on changes to the law that could come in next year. Others involved in the process are the Office of the National and Economic and Social Development, the Board of Investment Office and the Royal Thai Police. Pressed about whether people who would be eligible to own land must be married to Thais or not the spokeswoman said that everyone would have to wait and see what was decided. So far the plans that are proposed would have a five year validity period but that could be subsequently extended, reported Thai Rath yesterday. -- © Copyright ASEAN NOW 2021-09-20 - Whatever you're going through, the Samaritans are here for you - Follow ASEAN NOW on LINE for breaking COVID-19 updates 1 2 Link to comment Share on other sites More sharing options...
Popular Post mahtin Posted September 20, 2021 Popular Post Share Posted September 20, 2021 (edited) So the actual news is just wait and see. "in line with the master plan under the National Strategy (2018 - 2037) on the issue of future industries and services. and infrastructure Logistics and Digital " (thairath) Edited September 20, 2021 by mahtin 6 1 Link to comment Share on other sites More sharing options...
Popular Post scubascuba3 Posted September 20, 2021 Popular Post Share Posted September 20, 2021 Well heeled ???? 1 5 Link to comment Share on other sites More sharing options...
Popular Post mokwit Posted September 20, 2021 Popular Post Share Posted September 20, 2021 So exemption from 90 day reporting is only for the well heeled - at what wealth level do people cease to be a threat to "National security." ? It is so clear with this that 90 day reporting is about keeping us in our place. 13 1 Link to comment Share on other sites More sharing options...
Popular Post meechai Posted September 20, 2021 Popular Post Share Posted September 20, 2021 For goodness sake....... Just fix the visa hassle for all. Copy the USA....Give a 2 tear temp visa then in third year change it to permanent & make it a 10 year visa... Most would be more than happy with just that with no silly 90 day checks....after all you gave a one year then you want them to check back every three months? That was always a sore spot for most As for land ownership.......forget it. Thailand is too small with 70 million citizens Leave Thailand for Thai's If you open ownership for foreigners it will soon price Thai's out of land ownership Look at Hawaii...perfect example of a monarchy that made the mistake of letting foreigners own land Next thing you knew the foreigners were asking their president back in their home country to protect their investments Hawaii was then overthrown by the USA & the rest is history 12 1 5 Link to comment Share on other sites More sharing options...
Popular Post MajorTom Posted September 20, 2021 Popular Post Share Posted September 20, 2021 12 minutes ago, meechai said: For goodness sake....... Just fix the visa hassle for all. Copy the USA....Give a 2 tear temp visa then in third year change it to permanent & make it a 10 year visa... Most would be more than happy with just that with no silly 90 day checks....after all you gave a one year then you want them to check back every three months? That was always a sore spot for most As for land ownership.......forget it. Thailand is too small with 70 million citizens Leave Thailand for Thai's If you open ownership for foreigners it will soon price Thai's out of land ownership Look at Hawaii...perfect example of a monarchy that made the mistake of letting foreigners own land Next thing you knew the foreigners were asking their president back in their home country to protect their investments Hawaii was then overthrown by the USA & the rest is history Good points. BUT: Its certainly possible to grant something in between unlimited land/property ownership for commercial purposes and todays condo deal. I think for many, just the right to own ones private house would be sufficient. 7 2 1 Link to comment Share on other sites More sharing options...
mikebell Posted September 20, 2021 Share Posted September 20, 2021 26 minutes ago, webfact said: So far the plans that are proposed would have a five year validity period Then they take back 51%. There's too many lawyers and auditors minting it by creating companies to ever allow such a measure. The estate where I lived had 62 houses. Covid exiled 3 or 4 & they had to sell up. The houses were all bought by Thais. (2 as weekend cottages.) Mr Meechai, there's a glut of houses standing empty, built by those who daren't put money in the bank. Why not allow farangs to buy these? 1 Link to comment Share on other sites More sharing options...
Popular Post Rampant Rabbit Posted September 20, 2021 Popular Post Share Posted September 20, 2021 34 minutes ago, webfact said: could would, might , perhaps, maybe, same old same old full on non committal..............perhaps? 1 2 Link to comment Share on other sites More sharing options...
Rampant Rabbit Posted September 20, 2021 Share Posted September 20, 2021 36 minutes ago, webfact said: and the Royal Thai Police. The good ole "finger in every pie brigade" theyll get the finger alright , just not the one they want from me Link to comment Share on other sites More sharing options...
Rampant Rabbit Posted September 20, 2021 Share Posted September 20, 2021 26 minutes ago, meechai said: Hawaii was then overthrown by the USA & the rest is history Steve Mcgarret would have sorted all that out! 1 Link to comment Share on other sites More sharing options...
Popular Post Elkski Posted September 20, 2021 Popular Post Share Posted September 20, 2021 How are they going to get intelligent buyers on a "5 year then reevaluate the deal basis"? Or is bad money so desperately seeking things to buy they will risk it? 4 Link to comment Share on other sites More sharing options...
kwonitoy Posted September 20, 2021 Share Posted September 20, 2021 16 minutes ago, Rampant Rabbit said: would, might , perhaps, maybe, same old same old full on non committal..............perhaps? after forming a committee to study all the implications of course 1 1 Link to comment Share on other sites More sharing options...
Popular Post HeijoshinCool Posted September 20, 2021 Popular Post Share Posted September 20, 2021 . Yes, and BKK is opening for tourists on October 1st.... 1 4 Link to comment Share on other sites More sharing options...
RAZZELL Posted September 20, 2021 Share Posted September 20, 2021 Believe it when I see it... RAZZ 1 Link to comment Share on other sites More sharing options...
Rampant Rabbit Posted September 20, 2021 Share Posted September 20, 2021 10 minutes ago, kwonitoy said: after forming a committee to study all the implications of course Theyll need an overseas trip as a minimum on a private 747 hawaii or seychelles etc 1 Link to comment Share on other sites More sharing options...
blackcab Posted September 20, 2021 Share Posted September 20, 2021 An off topic post has been removed. Link to comment Share on other sites More sharing options...
kotsak Posted September 20, 2021 Share Posted September 20, 2021 2 minutes ago, Rampant Rabbit said: Theyll need an overseas trip as a minimum on a private 747 hawaii or seychelles etc Yes, and they may learn something while in Hawaii about its history.. 1 1 Link to comment Share on other sites More sharing options...
VocalNeal Posted September 20, 2021 Share Posted September 20, 2021 58 minutes ago, mokwit said: It is so clear with this that 90 day reporting is about keeping us in our place. How much of the resistance to 90 day reporting is about the why rather than about the how? Link to comment Share on other sites More sharing options...
VocalNeal Posted September 20, 2021 Share Posted September 20, 2021 1 minute ago, kotsak said: and they may learn something while in Hawaii about its history.. Has the Union Jack on its state flag? Link to comment Share on other sites More sharing options...
Neeranam Posted September 20, 2021 Share Posted September 20, 2021 1 hour ago, mokwit said: So exemption from 90 day reporting is only for the well heeled - at what wealth level do people cease to be a threat to "National security." ? It is so clear with this that 90 day reporting is about keeping us in our place. It doesn't say that. 1 says for well off foreigners 2 says just retirees Looks like they are copying Australia Link to comment Share on other sites More sharing options...
mokwit Posted September 20, 2021 Share Posted September 20, 2021 4 minutes ago, Neeranam said: It doesn't say that. 1 says for well off foreigners 2 says just retirees Looks like they are copying Australia My understanding from other sources is that they are considering it for retirees on the proposed 10y higher income/deposit in bank/bonds ONLY. 1 Link to comment Share on other sites More sharing options...
Popular Post phka Posted September 20, 2021 Popular Post Share Posted September 20, 2021 If I was given full Thai citezenship I would move all my wealth to Thailand, and therse a lot of it 4 1 Link to comment Share on other sites More sharing options...
jollyhangmon Posted September 20, 2021 Share Posted September 20, 2021 1 hour ago, webfact said: their considerations could result in law changes as early as 2022. ... or maybe not ... 1 Link to comment Share on other sites More sharing options...
cyril sneer Posted September 20, 2021 Share Posted September 20, 2021 19 minutes ago, phka said: If I was given full Thai citezenship I would move all my wealth to Thailand, and therse a lot of it what if they reverse the decision a year later? 2 Link to comment Share on other sites More sharing options...
MyFriend You Posted September 20, 2021 Share Posted September 20, 2021 1 hour ago, mokwit said: So exemption from 90 day reporting is only for the well heeled - at what wealth level do people cease to be a threat to "National security." ? It is so clear with this that 90 day reporting is about keeping us in our place. a Baht Millionaire?? Me thinks - Nope 1 Link to comment Share on other sites More sharing options...
MyFriend You Posted September 20, 2021 Share Posted September 20, 2021 (edited) 1 hour ago, mokwit said: duplicate for whatever reason I don't know Edited September 20, 2021 by TunnelRat69 1 Link to comment Share on other sites More sharing options...
Neeranam Posted September 20, 2021 Share Posted September 20, 2021 (edited) 49 minutes ago, phka said: If I was given full Thai citezenship I would move all my wealth to Thailand, and therse a lot of it Why would you do that? Also, do you think rich people should get citizenship over poor people? Edited September 20, 2021 by Neeranam 1 Link to comment Share on other sites More sharing options...
Popular Post LongTimeLurker Posted September 20, 2021 Popular Post Share Posted September 20, 2021 They were talking about this when I first moved to Thailand...................................26 years ago. 2 5 Link to comment Share on other sites More sharing options...
ezzra Posted September 20, 2021 Share Posted September 20, 2021 So finally the penny has dropped, and they had to have an economy calamity to come up with this plan, if only they would thought about about it years ago and not now, out of desperation, they'd be laughing all the way to bountiful prosperity... 1 Link to comment Share on other sites More sharing options...
Scouse123 Posted September 20, 2021 Share Posted September 20, 2021 2 hours ago, Rampant Rabbit said: would, might , perhaps, maybe, same old same old full on non committal..............perhaps? 1 hour ago, kwonitoy said: after forming a committee to study all the implications of course And after they have done the above, they will ' mull it over ' Link to comment Share on other sites More sharing options...
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