Has any American citizens living in Thailand opened a business under Treaty of Amity? I am interested in opening a restaurant without any Thai national involvements.

Thanks in advance.

Yes. You need to form Thai registered company first, with majority Thai. Have the nominee's sign an undated resignation letter so that you can move them off the shareholder list once you get the Amity OK. I went to the US Embassy to get a certified document saying I was a US citizen. Then file with the government office in Nonthaburi (sp?). You need to go in person and while not an interview, they will ask you a few questions. Pay and wait. Then go back and pick-up. I took me about 2 months.

P.S. Once you have it, get your acct/lawyer to go down and change the shareholder list to you plus 2 others (Thai's or non-Thai's). You need a minimum of 3 shareholders. They can hold a few shares.