4 hours ago, freedomnow said:

Then there is no possibility of a shakedown or seizure of the asset....?

 

Exactly! We all know why. But then, if dumb foreigners are going to continue sinking a good million+ dollars on a thing they don't legally own (most aren't leasing the land), I guess it will continue. 

Troll post removed.

 

@Cabradelmar rule 9. You will not post disruptive or inflammatory messages. You will respect other members and post in a civil manner. Personal attacks, insults or hate speech posted on the  forum or sent by private message are not allowed.

 

On 7/26/2025 at 1:35 PM, Thingamabob said:

When I first visited Koh Samui there were virtually no roads or bars, and accomodation was a hammock on the beach costing 10 baht per night.

that must have been just before the aiport was build, since then it went sloooowly downwards

and all buildings made of palmwood, bamboo and palmtreeleaves only!

23 hours ago, Liverpool Lou said:

Unfortunately for your (lack of) logic, no government has ever tried to convince foreigners to do that.   Developers may have done so but developers do not confiscate property "in the name of the Kingdom".

Thailand is a Kingdom. The governmental authorities (of Thailand, the Kingdom) allow operators to execute questionable real estate transactions, and the governmental authorities (of Thailand, the Kingdom) then swoop in after the fact to take back the assets -- as the authority of, and in the name of Thailand, the Kingdom. Wake up, take a nap, up to you, but please stop, being pedantic.

48 minutes ago, Cabradelmar said:

The governmental authorities (of Thailand, the Kingdom) allow operators to execute questionable real estate transactions

No, they do not "allow" it, if developers commit transgressions of the law it is not sponsored by the government.

2 hours ago, Liverpool Lou said:

No, they do not "allow" it, if developers commit transgressions of the law it is not sponsored by the government.

Real estate transactions must be registered through the Land Department (a government agency; under Thailand’s Ministry of Interior), which is supposed to verify legality and compliance, they don't. How can you be so incredibly obtuse and uninformed? They (the Land Depts.) allow it (the questionable transactions) to occur by failing their responsibilities, outright fraud in some cases and/or turning a blind eye... but you go ahead and believe your own fairy tale #wakeup