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Thai Nominee Shareholding Crackdown in Pattaya announced by DSI


webfact

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They want foreign investment but don't want foreigners owning more than 49% after they contribute and invest 100%. Whilst they are going after foreigners in Thailand they are openly encouraging Thais to invest abroad where they can own 100% which includes the land their business will sit on.

Very similar to what China is doing. The world's largest exporter is also the most protectionist nation on earth when it comes to imports. We want it all, please.

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I think you are right Langsuan Man it is a dead thread. However, with many of the original posters here suggesting that this 'crackdown' was the real deal, it is worth resurrecting it just one last time to see if is truly is laid to rest. As there is no evidence to the contrary, I agree, it is time to leave this thread to rest in peace.

Edited by dsfbrit
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Well it has been nearly a year now. Have there been any significant events in that time or has this 'crackdown' gone the way of most other crackdowns - nowhere?

On being thrown out of the Thai shareholding house? think not,but if the Land Office interpretation is included yes

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