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Worth Keeping an eye on the calculations below:

(1 Rai=1,600 m/Sq)

(1 Rai=1,600 Sq/m)

BUYING  PROPERTY

Through registered Thai company - a registered limited company with Thai / foreign ownership can buy a freehold on property. This is a means of securing ownership often favour by foreigners, and is becoming increasingly popular, particularly for those who wish to establish commercial ventures here. A foreigner can have control of the company used to buy the land by using a legal power of attorney from the Thai share holders, handing over control of the company to the foreign directors, and the company owns a freehold on the property.

Land in Thailand is measured in :

1 TALANG WAH = 4m/sq

1 NGAN = 400m/sq

1 RAI = 1,600m/sq

1 acre = 2.529 rai

1hectare= 6.25 rai

http://www.aoneproperties.com/house_s.html

::o:

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