-
Recently Browsing 0 members
- No registered users viewing this page.
-
Topics
-
-
-
Popular Contributors
-
-
Latest posts...
-
34
Looks like Xi is finished
AI Overview +2 China's total debt is substantial, exceeding $50 trillion, with a significant portion owed by local governments and corporations. The national debt is estimated at 16.65 trillion U.S. dollars in 2024, with projections indicating a continued upward trend. This debt represents a large percentage of China's GDP, with local government debt in particular raising concerns about potential financial instability. -
70
Is Melatonin Unavailable in Thailand Now?
There is no point to using another platform when iHerb sources directly from the manufacturer and is actually cheaper if your purchase is enough to qualify for free shipping. i think its 1500 baht -
100
The US dollar is sinking like a rock
You got cheated ! I only paid 350 baht ........... -
7
-
38
Crime Foreign Tourist Goes on Rampage in 12th Floor Pattaya Hotel Room
Where are you from? -
25
Is it actually possible for a foreigner to buy land and run a tourism business in Thailand
@Yellowtail, Thanks for that point, you're right, I really do need to think carefully about who the partner would be if I go the 49-51 route. That’s why I also been looking into BOI, since it doesn’t require a Thai partner. Actually, after researching more deeply, I found that the official requirements for BOI approval only call for a minimum paid-in capital of 1,000,000 THB, and at least 3 promoters. This is stated on several official and legal resources (including the BOI's own material and secondary legal references like ). Since I have a six-figure amount saved, I believe I meet that threshold , unless I’m misunderstanding something. If you’re aware of a specific clause or regulation that contradicts this, I would be really greatful it if you could point it out. Here again, I went through the BOI promotional categories and found this section on Tourism Industry: Page 131 – Division 4 " 10.8 Tourism promotion services 10.9 Activities to support tourism" . Got it from here : https://www.boi.go.th/upload/section4_en_wt_link.pdf It is clear to me that tourism-related services are included in the eligible sectors. Of course, I understand that not every small tourism setup will qualify, and the business model needs to be aligned with the BOI’s strategic goals. But based on what I read, there is at least a formal channel for it under the tourism category. If you seen that this category has hidden exclusions or practical barriers to approval, I would really love to know Again, not trying to be defensive , just making sure I’m not missing anything important. Thanks again btw. @Yellowtail Just wanted to go back with an update after going over things more carefully. You were correct to challenge me on the BOI angle. When I first saw categories like “Tourism Promotion Services” and “Activities to Support Tourism” (section 10.8 / 10.9 in the BOI PDF), https://www.boi.go.th/upload/section4_en_wt_link.pdf ...... I thought maybe I could fit under that category. But once I really broke it down, it became clear to me those categories are targeting much larger-scale projects , things like theme parks, convention centers, cultural museums, etc. The model I had in mind is a lot leaner: renting land (not buying), building a few small units, and organizing direct experiences for guests who book from abroad , airport pickups, island tours, maybe some small events. basically No major real estate play, no massive capital injection as of course the funds I have cant allow that. From everything I now see, that kind of setup just doesn’t meet the scope or the scale that BOI to be built for. So yeah, thanks for pushing that point , it made me reassess the path more honestly. So a small recap, based on what I learned now, I’ll probably have to exclude the BOI route for what I want to do and start focusing more seriously on other setups , like lease + superficies, the 49/51 route (with the right legal structuring and all the other requirements), .. The Nominee route, m not into those illegal gray routes , tbh. Anyways, If you have any further thoughts on how others have navigated something similar, please consider sharing them , as you can see it really helps moving things on. I’m not looking to be stubborn , I’m just sharing the full breakdown here so that anyone else reading doesn’t walk away with the wrong idea about what qualifies for BOI. I’m only here to find the right, legal, and workable approach even if it takes time to get there.
-
-
Popular in The Pub
.thumb.jpeg.d2d19a66404642fd9ff62d6262fd153e.jpeg)
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now