Nong Bua Lamphu massacre aftermath: RTP chief acts to create squeaky clean "White Police"
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11
Dealing with the inevitable demands for money from a Thai
Does your “gf” have a penis? -
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Report Welshman Awakens from Coma After Brutal Thailand Attack
Sit down ya muppet.- 1
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Is it actually possible for a foreigner to buy land and run a tourism business in Thailand
Not quite true. You need to check the rules at the Land Office where you intend to buy the land. Many will only allow a maximum of 39% foreign shareholding if the company owns or buys land. However, there are ways in which you can control the company even if you are a monority shareholder. I am told, but you need to check this out with a good Thai lawyer, that you can initially set up the company with Thai only shareholding, buy the land and then take over 49% of the shareholding - clearly there are trust issues there. Whatever, it is perfectly legal for your (properly structured) Thai Ltd Company to own land but don't even dream about having nominee directors. Basically there is one clause in the Thai land law that states that it is illegal to use any method to circumvent the Thai land laws by creating a situation where a foreigner or a company with a foreign majority shareholding owns land. Providing you stick to that and the company actually trades and has a reason to own land, you should be fine. There are many here and on barstools all over the country that will tell you they own their house/land and have done for many years, they set up a company to do so and they 'pay a little tax every year' so everything works fine for them. It might well, but if for any reason they are investigated (and its happening more and more at the moment) and are found not to comply with the land laws, they are very likely to lose out big time. It has happened! -
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Crime Canadian Man Caught Smuggling Heroin Hidden in Women’s Handbags at Airport
...lunch and dinner, also. -
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