Felt 35 Posted November 17, 2014 Share Posted November 17, 2014 Scary when coming from the PM Link to comment Share on other sites More sharing options...
flakes Posted November 17, 2014 Share Posted November 17, 2014 Yes, come in, we welcome everyone. We will keep 51% of your business, but welcome one and all..!! I'm all for a little bashing on this one. But if you can't find an astute Thai business man who is willing to invest 51% to get that ownership, you're either not looking hard enough or you have a crappy business plan. One of the Thai guys who works with me just built his 5th hotel in one of the major tourist islands. All profitable. Started by buying a tiny patch of land and now he's got a financial empire. He works it part time on the days he's not offshore working for us. I'd love for him to own 51% of anything I'd do here. Because 49% of something is better than 100% of griping and moaning. Hey mate, Congratulations for making the most stupid statement ever on TVF.. Any random thai will love to get the 51 % of your hotel mate.It never a problem finding such a person.They get it free and control whatever the business is that u invested in .land ,company what ever..And if you happy with your 49% of completely nothing then good luck to you... 1 Link to comment Share on other sites More sharing options...
Sydebolle Posted November 17, 2014 Share Posted November 17, 2014 Very well; Thailand can welcome anybody. I was an investor; now I became an exvestor after having learnt my lesson nicely Due to the complicated systems, which ultimately were made to work in my favour, I have not lost any money 2 Link to comment Share on other sites More sharing options...
Always18 Posted November 17, 2014 Share Posted November 17, 2014 I think he means "Thailand welcomes 49% of all investors".................... 2 Link to comment Share on other sites More sharing options...
EricBerg Posted November 17, 2014 Share Posted November 17, 2014 Dutch investments in Thailand are absolutely NOT rising. Dutch chambers of commerce strongly warn potential advisors about corruption and frequent changing laws in Thailand. Of a group of potential Dutch investors I spoke to last year only two were enthousiastic about possiblities. After inquiring about them I found out they had been active in the Amsterdam entertainment business. Read: red lights zone, that is gradually being deminuished by Dutch authorities. All others in the group backed off from Thailand and Myanmar. Of course I do not have oversight over Thai economy, as I am a modest investor but I decided a few years ago I will not expand my business in Thailand. Staff are great and loyal, have better work ethics than my staff in Holland. Economic authorities in general are rotten to the bone. All their energy, smiles and cocktail parties are produced with one goal: getting more money or "services". It's sickening to see decent friendly and good working people being exploited by rotten authorities. How great the opportunities for a country like Thailand would be if it would be run like many other countries. There will always be rotten apples in all countries. But overhere they are concentrated in many key positions. Especially the ones in the highest levels seem to be untouchable. Be it the red bull cop killer or the negligent ex-pm, they can do their tricks and walk away. How does the present big guy think he can get more and more foreign investments? Does he think those investors are as ignorant as the millions of voters that will fall for the same old promises over and over again? He is wrong. 1 Link to comment Share on other sites More sharing options...
impulse Posted November 17, 2014 Share Posted November 17, 2014 Hey mate, Congratulations for making the most stupid statement ever on TVF.. Any random thai will love to get the 51 % of your hotel mate.It never a problem finding such a person.They get it free and control whatever the business is that u invested in .land ,company what ever..And if you happy with your 49% of completely nothing then good luck to you... Get off your barstool much? Link to comment Share on other sites More sharing options...
Baerboxer Posted November 17, 2014 Share Posted November 17, 2014 Hey mate, Congratulations for making the most stupid statement ever on TVF.. Any random thai will love to get the 51 % of your hotel mate.It never a problem finding such a person.They get it free and control whatever the business is that u invested in .land ,company what ever..And if you happy with your 49% of completely nothing then good luck to you... Get off your barstool much? Probably when he needs to pee Link to comment Share on other sites More sharing options...
Jimbo2014 Posted November 17, 2014 Share Posted November 17, 2014 You know the old axiom. How to make a little money.... start with alot of money and invest in Thailand Link to comment Share on other sites More sharing options...
ggold Posted November 17, 2014 Share Posted November 17, 2014 Yes, come in, we welcome everyone. We will keep 51% of your business, but welcome one and all..!! The first step in investing in Thailand: Buy a 40 gallon drum of lubricant. I think that is also the last step of investing in Thailand. On your way out prior to having been Shafted! On another note, No country is investor friendly when the investor doesn't own the majority stake in a company. This will hold Thailand back in the long run When investors realize neighbouring countries are more investor friendly. IMO 2 Link to comment Share on other sites More sharing options...
swissie Posted November 17, 2014 Share Posted November 17, 2014 Refreshing. Most posts clearly spell out "How things are". I hope, not too many small/medium sized investors dwelling somewhere in the sticks (with very close ties to the "Family" of course) read this thread. Upon understanding, half of them will probably go into cardiac-arrest. 300 KM's away from the nearest Hospital that deserves this name. Oh boy.......... Cheers. Link to comment Share on other sites More sharing options...
tingtong Posted November 17, 2014 Share Posted November 17, 2014 the title correctly: Special Report: Thailand welcomes all investor's CASH!! Investors aren't welcome ! Link to comment Share on other sites More sharing options...
ColdSingha Posted November 17, 2014 Share Posted November 17, 2014 i lost all interest in starting a business here after a good friend of mine migrated his successful business across country and following a *** office review a document was found to be "missing" but this could be "overlooked" for a fee of xxx,xxx baht or his company would be dragged through the courts (for years) he runs a tight ship and we have no doubts he was well and truely extorted. we've since been told it's a common scam at this office seriously, <deleted> these guys Link to comment Share on other sites More sharing options...
Chao Lao Beach Posted November 17, 2014 Share Posted November 17, 2014 Money is 1 way, easy to get in but impossible to wire out. Link to comment Share on other sites More sharing options...
MexicanFarang Posted November 17, 2014 Share Posted November 17, 2014 As always RTFP, Read The Fine Print: Warning: The people you're investing in may be irrational, uneducated, corrupt and may bear smoldering hatred towards foreign investors because of racism. Only invest what you can afford to lose... 2 Link to comment Share on other sites More sharing options...
flakes Posted November 17, 2014 Share Posted November 17, 2014 <script type='text/javascript'>window.mod_pagespeed_start = Number(new Date());</script> Hey mate, Congratulations for making the most stupid statement ever on TVF.. Any random thai will love to get the 51 % of your hotel mate.It never a problem finding such a person.They get it free and control whatever the business is that u invested in .land ,company what ever..And if you happy with your 49% of completely nothing then good luck to you... Get off your barstool much? Its just that you seem to like the 49% versus 51% regulations and i am saying its a scam 1000 x worse then what the jet ski maffia is getting away with here..I mean yes it is not nice if you need to pay 50,000 BHT for a jet ski that was never damaged but then how about all these farangs here who have been squeezed out of their houses,land cars hotels,bars etc etc..I think everyone here has couple of foreigner friends in Thailand who have lost those items cause of this scam.But you happy to register 51% of your company in to good thai friend his name well i not stopping you... You probably a smart investor... What the big deal anyway for stopping a foreigners for buying 1-2 rais of land here? Link to comment Share on other sites More sharing options...
timewilltell Posted November 17, 2014 Share Posted November 17, 2014 Dutch investments in Thailand are absolutely NOT rising. Dutch chambers of commerce strongly warn potential advisors about corruption and frequent changing laws in Thailand. Of a group of potential Dutch investors I spoke to last year only two were enthousiastic about possiblities. After inquiring about them I found out they had been active in the Amsterdam entertainment business. Read: red lights zone, that is gradually being deminuished by Dutch authorities. All others in the group backed off from Thailand and Myanmar. Of course I do not have oversight over Thai economy, as I am a modest investor but I decided a few years ago I will not expand my business in Thailand. Staff are great and loyal, have better work ethics than my staff in Holland. Economic authorities in general are rotten to the bone. All their energy, smiles and cocktail parties are produced with one goal: getting more money or "services". It's sickening to see decent friendly and good working people being exploited by rotten authorities. How great the opportunities for a country like Thailand would be if it would be run like many other countries. There will always be rotten apples in all countries. But overhere they are concentrated in many key positions. Especially the ones in the highest levels seem to be untouchable. Be it the red bull cop killer or the negligent ex-pm, they can do their tricks and walk away. How does the present big guy think he can get more and more foreign investments? Does he think those investors are as ignorant as the millions of voters that will fall for the same old promises over and over again? He is wrong. Rotten apples concentrated in many key positions is precisely the outcome of corruption. If you have to pay for your promotion in a society where corruption is prevalent and on the whole accepted through ignorance, then those most able to pay will be those who are the most corrupt. So it is easy to see why all the bad apples bob to the surface. And they are certainly not foreigner friendly bad apples either but racial rapists. Thailand is a graveyard for foreign investment and nothing has changed. Link to comment Share on other sites More sharing options...
Ulic Posted November 17, 2014 Share Posted November 17, 2014 Of course everyone knows Thailand really welcomes investors money,........ investors,.......... not so much. So no real news here. I doubt anyone who scratches the surface with some due diligence would think anything else. Link to comment Share on other sites More sharing options...
Ponti001 Posted November 17, 2014 Share Posted November 17, 2014 Thanks for sharing your opinion. The most replies here do reflect also my personal opinion. Sent from mobile device Link to comment Share on other sites More sharing options...
kinmaew Posted November 18, 2014 Share Posted November 18, 2014 Doing a lot of "Urging" isn't he? but not any real "Doing" Link to comment Share on other sites More sharing options...
kinmaew Posted November 18, 2014 Share Posted November 18, 2014 Chinese are investing billions in AUS wonder why? 100% land, home and business ownership and no "Tips" required. 1 Link to comment Share on other sites More sharing options...
Time Traveller Posted November 18, 2014 Share Posted November 18, 2014 Chinese are investing billions in AUS wonder why? 100% land, home and business ownership and no "Tips" required. And so Thailand will continue to miss out. Link to comment Share on other sites More sharing options...
catweazle Posted November 18, 2014 Share Posted November 18, 2014 (edited) Investors from all over the world, listen! Free flights to Thailand using our "Fly and Drop" campaign! After landing, please throw all your to be invested money and valuables onto the runway, utilizing one of the main exits, take a selfie with our beautiful airport as backdrop and then return to your seats for your flight back home. Our campaign will save you all the wasted time, disappointment and hardship a standard 49% foreign / 51% Thai partnership will certainly bring! Rest assured that we will invest your money wisely in of our countless "Thailand to the Thais" campaigns. Thank you very much for your cooperation! Edited November 18, 2014 by catweazle 1 Link to comment Share on other sites More sharing options...
willyumiii Posted November 19, 2014 Share Posted November 19, 2014 Really?? So, now I can buy 100% of a business? Now I can buy land? Land and business, the best investments! Maybe title should read " Welcomes all donations" ! 1 Link to comment Share on other sites More sharing options...
maidee Posted November 19, 2014 Share Posted November 19, 2014 investors, give away 51% of your money from day 1 even more difficult to get it out of the country still gives you 0 right to buy land in your name, that is for your teerak so investors are like loan givers, thai people see a loan from a farang as a gift, never to be repaid 1 Link to comment Share on other sites More sharing options...
Johnny S Posted November 24, 2014 Share Posted November 24, 2014 would rather bet in a casino than Invest in Thainess Link to comment Share on other sites More sharing options...
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