Sandman77 Posted February 23, 2013 Share Posted February 23, 2013 What is the reason that government not allowed this? In other Asian country's like Malaysia this is no problem! Link to comment Share on other sites More sharing options...
lemoncake Posted February 23, 2013 Share Posted February 23, 2013 1. Because they want to protect their own people and industry's<br />2. Because it would drive up prices for land making it impossible for majority of Thai to ever own land<br /> Link to comment Share on other sites More sharing options...
aTomsLife Posted February 23, 2013 Share Posted February 23, 2013 (edited) Look no further than the name of the country: Thai-land (The land is for Thais.) Besides, if foreigners could buy land legally, with the influx of buyers and speculators alike, it wouldn't be near as cheap as it is. So I just tell myself, if I COULD buy it, I probably wouldn't be able to afford it anymore. I like it better like this, if I have to choose between the two. Keeping land in Thai hands keeps the rent low. Edited February 23, 2013 by aTomsLife Link to comment Share on other sites More sharing options...
Popular Post arthurwait Posted February 23, 2013 Popular Post Share Posted February 23, 2013 Because the Thai-Chinese own all the private land that will ever be worth anything already and want to keep it that way. 10 Link to comment Share on other sites More sharing options...
Popular Post mjnaus Posted February 23, 2013 Popular Post Share Posted February 23, 2013 You CAN buy land... You just can't own it 8 Link to comment Share on other sites More sharing options...
lemoncake Posted February 23, 2013 Share Posted February 23, 2013 mjnaus, on 23 Feb 2013 - 15:38, said: You CAN buy land... You just can't own it haha(sorry smiley's do not work) Link to comment Share on other sites More sharing options...
GAS Posted February 23, 2013 Share Posted February 23, 2013 You CAN buy land... You just can't own it Just like in America!! 1 Link to comment Share on other sites More sharing options...
Sandman77 Posted February 23, 2013 Author Share Posted February 23, 2013 My gf told me today , in thailand it's also possible to rent the land from another person! A very good idea! Link to comment Share on other sites More sharing options...
breadbin Posted February 23, 2013 Share Posted February 23, 2013 It's a pity the UK didn't adopt this policy. The British Empire - a thing of the past. 2 Link to comment Share on other sites More sharing options...
Popular Post lemoncake Posted February 23, 2013 Popular Post Share Posted February 23, 2013 My gf told me today , in thailand it's also possible to rent the land from another person! A very good idea!yes it is possible, you develop it and they kick you out 3 Link to comment Share on other sites More sharing options...
Popular Post rene123 Posted February 23, 2013 Popular Post Share Posted February 23, 2013 aTomslife pretty much said what I believe. I just compare it to Canada which allowed foreigners to buy up vast areas of what was formerly public land. Now the foreigners are keeping third generation Canadians off what was formerly theirs to use. Not only that, but the foreign companies are given tax incentives to rape and pillage the Canadian resources. In the future, Canadians will have to buy back their own land at much inflated prices. Thailand has prevented that from happening by not allowing foreigners to to own the land. They can own the buildings built ON the land, but not the land itself. Consider the number of super wealthy people in this world who could easily purchase half of Thailand if it was allowed. Most of us only look no further than our own personal interests, but in the broader picture it jusr shows that Thailand is smarter. 5 Link to comment Share on other sites More sharing options...
samran Posted February 23, 2013 Share Posted February 23, 2013 Farangs can buy land. They just have to be a Thai citizen. 1 Link to comment Share on other sites More sharing options...
kevvy Posted February 23, 2013 Share Posted February 23, 2013 look what is happening to Australia Chinese are buying so much land there and all the farms and sending food back to china .. the government here want their land for their people Link to comment Share on other sites More sharing options...
notmyself Posted February 23, 2013 Share Posted February 23, 2013 My gf told me today , in thailand it's also possible to rent the land from another person! A very good idea!yes it is possible, you develop it and they kick you outI've lost count of the number of times I have seen that happen. I remember one fella who who got a 30 year contract on around 1/3 rai of land and used lawyers all the way. Builder in the UK and semi retired... spent over 3 years pretty much building a wonderful house on it himself with Thai labour doing the donkey work. Was still doing 6 months work in the UK per year so nothing was done while he was away. When it was almost complete the land owners demanded the land back even though he had a solid contract but he lost anyway. Poor bugger didn't even get the remaining 27 years back on the contract which he had paid in full to get a lower price. Link to comment Share on other sites More sharing options...
Satcommlee Posted February 23, 2013 Share Posted February 23, 2013 I think post #3 is mistaken Thailand actually means "land of the Free", except you are not free to buy land. Link to comment Share on other sites More sharing options...
NewlyMintedThai Posted February 23, 2013 Share Posted February 23, 2013 Oh, yes...Malaysia sets the bar quite evenly for foreigners who want to buy property there. Right. http://www.telegraph.co.uk/finance/personalfinance/expat-money/9200905/Malaysia-plans-to-double-property-prices-for-foreigners.html 1 Link to comment Share on other sites More sharing options...
samran Posted February 23, 2013 Share Posted February 23, 2013 look what is happening to Australia Chinese are buying so much land there and all the farms and sending food back to china .. the government here want their land for their people how dare they replace the English and Americans as the largest holders of farming land. Quite indeed. 1 Link to comment Share on other sites More sharing options...
lemoncake Posted February 24, 2013 Share Posted February 24, 2013 look what is happening to Australia Chinese are buying so much land there and all the farms and sending food back to china .. the government here want their land for their people how dare they replace the English and Americans as the largest holders of farming land. Quite indeed. Do not think Americans ever had much of stake in land in Oz, Japanese on the other hand still have quite a bit Link to comment Share on other sites More sharing options...
Kilgore Trout Posted February 24, 2013 Share Posted February 24, 2013 What a silly topic; of course a "farang" can buy land if and only if the "farang" is a Thai national. Only non-Thai nationals are prohibited from buying land. Link to comment Share on other sites More sharing options...
thenervoussurgeon Posted February 24, 2013 Share Posted February 24, 2013 W e own lots of land ,its in my wifes name ,no problem when you have a good marriage ,anyway it will all go to our son when we die anyway. 2 Link to comment Share on other sites More sharing options...
krisb Posted February 24, 2013 Share Posted February 24, 2013 W e own lots of land ,its in my wifes name ,no problem when you have a good marriage ,anyway it will all go to our son when we die anyway. Or put it in your childs name and use a userfruct agreement. Totally legal and problem solved. Link to comment Share on other sites More sharing options...
JurgenG Posted February 24, 2013 Share Posted February 24, 2013 Just look at the number of different ownership titles for a piece of land (Chanote, Por Bor Tor, Sor Kor, ...), each with different rights attached to it. It's a total mess. Why ? Link to comment Share on other sites More sharing options...
WilliamCave Posted February 24, 2013 Share Posted February 24, 2013 aTomslife pretty much said what I believe. I just compare it to Canada which allowed foreigners to buy up vast areas of what was formerly public land. Now the foreigners are keeping third generation Canadians off what was formerly theirs to use. Not only that, but the foreign companies are given tax incentives to rape and pillage the Canadian resources. In the future, Canadians will have to buy back their own land at much inflated prices. Thailand has prevented that from happening by not allowing foreigners to to own the land. They can own the buildings built ON the land, but not the land itself. Consider the number of super wealthy people in this world who could easily purchase half of Thailand if it was allowed. Most of us only look no further than our own personal interests, but in the broader picture it jusr shows that Thailand is smarter. I really like how u put on perspective so true about Canada I have seen it over 30 years being canadian. It is a good thing to protect there land for there people. Some day it will change 1 Link to comment Share on other sites More sharing options...
WilliamCave Posted February 24, 2013 Share Posted February 24, 2013 W e own lots of land ,its in my wifes name ,no problem when you have a good marriage ,anyway it will all go to our son when we die anyway.Or put it in your childs name and use a userfruct agreement. Totally legal and problem solved. Can u give more detail on what a user fruit agreement is the pros and cons if u can thanks? Link to comment Share on other sites More sharing options...
fatfather Posted February 24, 2013 Share Posted February 24, 2013 One of the few laws which are enforced. I love it Fatfather Link to comment Share on other sites More sharing options...
NewlyMintedThai Posted February 24, 2013 Share Posted February 24, 2013 Just look at the number of different ownership titles for a piece of land (Chanote, Por Bor Tor, Sor Kor, ...), each with different rights attached to it. It's a total mess. Why ? Because land rights are being upgraded as fast as they can, but it's a tedious process. Link to comment Share on other sites More sharing options...
NewlyMintedThai Posted February 24, 2013 Share Posted February 24, 2013 One of the few laws which are enforced. I love it Fatfather Actually it's not. If it were enforced 100% all those dummy companies set up by foreigners to own land would be decimated. Link to comment Share on other sites More sharing options...
notmyself Posted February 24, 2013 Share Posted February 24, 2013 W e own lots of land ,its in my wifes name ,no problem when you have a good marriage ,anyway it will all go to our son when we die anyway.Or put it in your childs name and use a userfruct agreement. Totally legal and problem solved.Can u give more detail on what a user fruit agreement is the pros and cons if u can thanks?Proxy Link to comment Share on other sites More sharing options...
Popular Post bunta71 Posted February 24, 2013 Popular Post Share Posted February 24, 2013 I believe the sky would not fall if a falang were allowed to legally own one rai on which to build one residential home. There could be simple qualifications ie. living full time in Thailand for a minimum of 5 years, contributing to the Thai economy a minimum of say 1 million baht yearly, etc. you get the point. Any counterpoints to that plan?? 4 Link to comment Share on other sites More sharing options...
lemoncake Posted February 24, 2013 Share Posted February 24, 2013 I believe the sky would not fall if a falang were allowed to legally own one rai on which to build one residential home. There could be simple qualifications ie. living full time in Thailand for a minimum of 5 years, contributing to the Thai economy a minimum of say 1 million baht yearly, etc. you get the point. Any counterpoints to that plan??None, now you just need to sell it to the officials 2 Link to comment Share on other sites More sharing options...
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