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Anyone has information about that place? I was told that two projects are currently investigated. 
a long term lease of 30 years was refused and they only accepted 15 years. On another case, a lifetime usufruct was lowered to only 20 years.

 

i never heard stories like that before and i manage a law firm for 18 years. I was told by locals that Chinese bought a lot of properties in the area, mostly under a company and the government is trying to clean it….

 

Thanks for any info.

Posted

I would stay clear of any business involving Chinese here. Doing the company route being a partial majority owner (you 49%, 2 or 3 Thai holders 51%) of a legitimate Thai businesses, that the land is titled under and having a good lawyer to maintain the title, probably cost ~20000฿ annually.

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