Hi,

Does anyone know where I can buy some SET in CM?

First thing you have to do is open a brokerage account. Preferably an online account. Interactive brokers is a fairly large company that you might look into dealing with. You can google stock brokers Thailand and I am sure you will find many names there. The company you eventually choose does not have to be in Chiang Mai. Can be in Bangkok or even Singapore.

First thing you have to do is open a brokerage account. Preferably an online account. Interactive brokers is a fairly large company that you might look into dealing with. You can google stock brokers Thailand and I am sure you will find many names there. The company you eventually choose does not have to be in Chiang Mai. Can be in Bangkok or even Singapore.

You can open an on-line account with one of many brokerage firms but you must apply in person and be screened for money laundering before the account is approved. There are many firms in Bangkok and a good percentage of them have one or more branch offices in Chiang Mai such as Kim Eng, CMB, CGS, etc..

If you are thinking of an account in Singapore, keep in mind that many of them have an extremely high minimum required to open an account; some as much as 30 million Thai Bhat and that you must travel there to open the account.

There are some restrictions in Thailand such as: if you are an American and want to buy U.S. shares, you must sign a U.S. tax form that they will hand you. Another restriction for U.S. citizens is that you can not open a GBP account or buy shares traded on the FTSE. Thai shares are O.K. Tax in Thailand is I believe 10% plus whatever the tax is in the country you buy shares, such as Switzerland and many countries in Europe automatically take 35% off the top of dividends so you end up paying 45% tax on dividends.

First thing you have to do is open a brokerage account. Preferably an online account. Interactive brokers is a fairly large company that you might look into dealing with. You can google stock brokers Thailand and I am sure you will find many names there. The company you eventually choose does not have to be in Chiang Mai. Can be in Bangkok or even Singapore.

You can open an on-line account with one of many brokerage firms but you must apply in person and be screened for money laundering before the account is approved. There are many firms in Bangkok and a good percentage of them have one or more branch offices in Chiang Mai such as Kim Eng, CMB, CGS, etc..

If you are thinking of an account in Singapore, keep in mind that many of them have an extremely high minimum required to open an account; some as much as 30 million Thai Bhat and that you must travel there to open the account.

There are some restrictions in Thailand such as: if you are an American and want to buy U.S. shares, you must sign a U.S. tax form that they will hand you. Another restriction for U.S. citizens is that you can not open a GBP account or buy shares traded on the FTSE. Thai shares are O.K. Tax in Thailand is I believe 10% plus whatever the tax is in the country you buy shares, such as Switzerland and many countries in Europe automatically take 35% off the top of dividends so you end up paying 45% tax on dividends.

Okay cool, thanks for the help!