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27
What can a foreigner own in Thailand?
In terms of property ownership, and specifically apartments/condos, although the terms “condominium” and “apartment” are often used interchangeably, when discussing real estate, in Thailand, there is a clear distinction between the two. In a development with a condominium license, the developer can sell freehold units to foreign buyers, making this a significant difference. Freehold condominiums in Phuket, and throughout Thailand, differ from standard apartments because they possess this condominium license. This license allows up to 49% of the private living space in a condominium building to be purchased by foreign investors on a freehold basis, the freehold of the property being registered directly in the foreign buyers name, with the remaining 51% owned either by Thai nationals, held in a Thai company, or leased to foreigners. For regular apartments in Phuket—those without a condominium license—the ownership structure is typically either a 30-year lease or shares in a company that holds the freehold. In some cases, an apartment might involve both a lease and shares in the freehold-owning company. This dual approach is known as a “protected leasehold” structure, as owning shares in the freehold company provides added security for lease renewals. According to Thai law, a 30-year lease is the maximum for one term, but contracts often include options to renew for one or more additional 30-year periods, extending the total lease period. Read more on Charlesdel -
32
Thailand plans 14 new floating solar farms to boost renewable energy
Well make your mind up for flocks sake! A good idea, at least to test out. Might get more fish lurking underneath too - they like the shade. -
4
New Safety Standards for NGVs: Automatic Gas Shut-off Valve Requirement in 2025
Yes, I was aware of that but it seemed appropriate to mention the parallel need for safety in a domestic situation. To my surprise, as I read down the news clips there was the report of an elderly lady burned in her kitchen quite likely due to a damaged gas hose which would seem not to have had a shut-off valve on the regulator. -
24
Read 'em and weep: Congressman Matt Gaetz Resigns 'Effective Immediately'
And that's the reason he resigned, not the possible AG position, which I don't think will happen but..... -
17
Massive Korean Study Confirms Elevated Risk of Heart Disease Among Young People
Exactly. It's impossible to catch as it never existed. Nice of this lot to let us actually discuss it 4 years after the event though 👍 We should also be thankful to President Putin for curing 'it' with his invasion of Ukraine (the current money laundering scam being used to redirect taxpayer cash into the puppetmaster's pockets) -
21
Early Check-In Coming to Suvarnabhumi Airport by February
Thai airways does not allow early check in in BKK -
26
CNN Faces Major Layoffs as Mark Thompson Plans Cost-Cutting Shake-Up Amid Ratings Slump
I think the NYT ratings quoted are lower than given. CNN have been losing ground for ages. Som nam na. -
81
Why experts are blasting Trump for 'already breaking the law'
What an incredible guilt by association attempt. I bet no one's gonna see that one coming...
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