Caution urged for relaxing laws on foreigners owning land in Thailand

[scorecard]

Is this:

 

1). An actual government policy initiative? Or

2). Is it, as always, the property developers talking it up and hoping that it might happen. (which it won't.)

 

My bet is on 2).

[ebean001]

i have no idea what wide spread laws exist in USA to prevent foreigners from buying. i wish i could put the house i live in (it is in my 11 year old daughter's name) into my name. being in my daughters name was a huge mistake. 

 

[moe666]

4 hours ago, Doctor Tom said:

It would be an extreme folly for the Thais to allow extensive foreign ownership of land.  Land is your Nation in physical form, sell it off at your peril.  They could restrict it to the building of say one official family holding and dwelling of say 1 Rai maximum. I just wish the UK government would stop selling off land and other National assets to various Russian oligarchs and Chinese criminals. It is a mistake beyond words

How are they selling land off they cannot dig it up and carry it away, that kind of thinking is why they have the law as it is

[chalawaan]

31 minutes ago, Bluespunk said:

but rather listen to him instead

Yes, the yeller tie debating coda is "I'm always right, and if you argue it's treason, sedition, lese majeste, and a national security threat." Remember that tosspot shaking his head non-stop at the one debate they TRIED to have about the institution? He looked like a two year old not wanting to finish his din-dins. <deleted>!

[Paul944]

If they say foreigners, it probably excludes farangs.

 

 

[chalawaan]

19 minutes ago, Liverpool Lou said:

How would you know who, and in what capacity, owns that property?    

He could throw that right back at you, can you disprove his comment? We're all ears.

[Liverpool Lou]

Just now, chalawaan said:

21 minutes ago, Liverpool Lou said:

How would you know who, and in what capacity, owns that property?    

He could throw that right back at you, can you disprove his comment? We're all ears.

Don't see how he coud throw it back at me as I didn't make any claim about someone owning property abroad, he did, I've got nothing to disprove!  I asked him how he could know anything about the ownership of that property.   Over to you, I'm all ears.

[Clarkey611]

23 minutes ago, Sydebolle said:

Dr Sophon Pornchokchai

Should be not be working in the MOPH on vaccine procurement?

[ukrules]

39 minutes ago, hotchilli said:

Who'd have thought, owning your own home and the land that it sits on.

They want you to buy property, but not have any real rights or protection to it.

Who the hell is going to buy/invest with those criteria?

A lot less than would do if they can simply own it.

[zzaa09]

3 hours ago, Rookiescot said:

He has a point though.

The issue will not be westerners buying one rai out in the sticks somewhere and building a house for him and his familly.

The issue will be Chinese companies buying up huge tracts of land and developing them as a home from home for use by a select few of their fellow countrymen.

Myanmar, Cambodia and Laos are already experiencing this. 

And we're witnessing what's happening in Cambodia today.

Not a pretty picture.

[Mickmouse1]

Can he HONESTLY declares his properties ownership ABROAD?

I bet my bhat he owns properties abroad!!!!

 

[Pedrogaz]

Thailand should never let this happen. Mega agribusinesses like Archer Daniels will buy up all of Thai agri-land, kick the peasants out, and them sell the products abroad while the average Thai will starve.

[Doctor Tom]

17 minutes ago, moe666 said:

How are they selling land off they cannot dig it up and carry it away, that kind of thinking is why they have the law as it is

I don't understand your point,  control of land assets is control of the Nation, however you look at it. 

[johnarth]

even way back 12 year ago I was told a farang could buy and own a condo, but will say that not the whole thing, the Chinese  are getting big farms and turning them into building blocks that is old also, but look at Australia 40% sold how stupid is that?and the leading real estate man says sell more to overseas, nice man

[bougnat]

This guy has big, chronic constipation problems. Every time he expresses himself, it saves his brain ...

 

[FalangJaiDee]

Allowing foreigners to purchase property or own land ensures Thailand’s colonization. They can claim all they want how they weren’t colonized but economically it’s pretty clear that’s not the case.

 

The Chinese will rapidly devour any property they can get their hands on. I expect Thailand not to sell out 

[LivinLOS]

How utterly predictable.. 

Only surprise is they didnt wait for the first few 100 to invest 500k usd before deciding it.. 

[Tonypandy]

3 hours ago, BKKTRAVELER said:

, Thailand is in a good spot right now

Are you joking. Let's see how this good spot prevails over the next couple of years. 

[paul1804]

5 hours ago, Geoffggi said:

The Chinese will be happy, the parts they don't already own will soon be theirs ...........????????????

In five years it will be Chailand!!!

[Mywayboy]

6 hours ago, Shuya said:

Relax buddy.... They just make a new law in five years that foreigners can't own land and have to sell within 12 months. All part of the master plan. 

Sorry not yours now, we take back & Sell 555

[SomchaiCNX]

Let's see what would happen if other countries would make laws so that THai can not own property in their country. Unfortunately it will not happen.

[MarcIssan]

I think there should be a way for a foreigner to own the land that his ONE house is sitting on but no more.  If there are no laws or limitations, foreign investors will drive the prices up so high only foreigners can afford to buy property.  In America, Russians own 100% of uranium mines and the Chinese own many food related factories all that were once 100% American owned.  I'd hate to see this happen here more than it has already.

 

[oznomad]

A little maths shows that 1 million high net worth individuals over 5 years comes to................

548 people joining the program EVERY DAY.

 

 

[Seeall]

7 hours ago, Will B Good said:

There must be a defamation case coming his way.

yeah totally.....   use their stupid las agast themselfd   idgiots

[csmith]

Yep …. Allow Farangs to buy/own land ASAP.

 

p.s. Anyone want to buy land/house in Chiangmai ?

[NeoDinosaw]

3 hours ago, cyril sneer said:

problem is Thai people are most likely to sell the land and buy gold and lottery tickets

 

eventually the government gets it all back

why is that a problem ?

[Neeranam]

"The land of Thailand belongs to the Thais."

 

From the National anthem(translated). 

 

 

[Liverpool Lou]

1 minute ago, Neeranam said:

"The land of Thailand belongs to the Thais."

 

From the National anthem(translated). 

 

 

It's just a song!

[Neeranam]

It's strange how the people in charge of this country are 2nd generation  Chinese immigrants, yet much more anti-foreigner than real Thais. 

[ThomasThBKK]

1 hour ago, geisha said:

Don’t think it’s a good idea either, except maybe for real expats, easy to prove, with a maximum size restriction. Look what’s happened in Cambodia, the Chinese invasion has ruined Siem Reap, Sihanouk ville and is well on the way in Phnom Penh. They’re like weeds.

 

Yeah i did, no one can own land in cambodia except cambodians.

 

What's your point? Their rotten government stole land and leased it to chinese companies and made gambling legal, that's what happened, totally unrelated to this visa.