Doubts cast over Thailand’s ability to attract world’s largest IR firms

[mikebell]

20 hours ago, lujanit said:

American companies would use the Amity treaty.

 

Background of the Thailand Treaty of Amity

The Thailand Treaty of Amity aims to provide significant advantages for US investors to run businesses in Thailand for both corporations and individuals. In particular, the Thailand Treaty of Amity provided the US two major trade advantages:

• The Thailand Treaty of Amity permits American companies to hold majority of the shares or the whole company, branch office or representative office located in Thailand.
• American companies may engage in business on the same basis as Thai companies, and are exempt from most of the restrictions of foreign investment imposed by the Alien Business Law of 1972.

Does this mean Americans can buy land using the company route?