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Thinking about becoming a Thai citizen.

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  • MalcolmB
    MalcolmB

    Sounds difficult but not impossible.   Could take a while. I really wanted to do it before buying the villas. Maybe I will use the thai company way and transfer them over to my own name

  • SAFETY FIRST
    SAFETY FIRST

    I've bought a dozen condos in my own name over the past decades, good returns.      You would be breaking the law.    Brit wants to become Thai citizen to law break  

  • BritManToo
    BritManToo

    It's an impossible dream for a retired foreign male I'm afraid. You need to be employed in Thailand for 5 years.   Much easier if you were a foreign female, which only require them to b

Anyone have a link to official site and DL application? Also, the official points sheet? Thanks.

 

I'd read that you must be employed during the process. Is this correct? I'm now retired from ten years employment in Thailand

2 hours ago, BusNo8 said:

Anyone have a link to official site and DL application? Also, the official points sheet? Thanks.

 

I'd read that you must be employed during the process. Is this correct? I'm now retired from ten years employment in Thailand

If you are unemployed you do not qualify. If you are not married to a Thai, then you would first need to go the PR route, but to do so you would still need to be employed. 

On 6/6/2024 at 3:54 PM, treetops said:

If you're 53 as mentioned you may not have that time available.

He will be ok not only is he very ( according to him ) rich  but he has guaranteed longevity to

On 6/4/2024 at 9:59 AM, MalcolmB said:

That is interesting.

i have met quite a few people over the past two weeks who are doing it, some of who have been doing it for 20+ years without a problem.

 

i fully intend to set it up legally through lawyers. Some people tell me I need four thai shareholders, some tell me only two, and some say only one.

I have Thais who I can use, my girlfriend and her family members.

 

The lawyers set it up in a way that I still control it everything. Thousands of people do it every year.

 

it seems a lot of people living here long term are very successful and others are scared to do anything.

 

i am still relatively young, have money to invest and I am not going to put in a bank getting low interest. 
 

https://www.siam-legal.com/Business-in-Thailand/thailand-limited-company.php


 

 

 

What's conveniently not mentioned (including on the site your posted) is any mention of the reason for starting the company / the business purpose of the company.

 

There have been cases where the 'authorities' found that the company has submitted annual company reports and accounting / audit reports but there's no stated business purpose recorded anywhere, in reality the company has done no trading / conducted no business activity whatever. And it seems this leads to the assumption the company was set up for  different purpose - to create a 'situation' whereby the company buys property ....

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