"thai Government Created New Way For Foreigners To Purchase Land In Thailand"

[HenryB]

Khun Jean

Keep up the good work

The rest no nothing more than you or me but take themselves so serious

[gazza1]

Khun Jean

Keep up the good work

The rest no nothing more than you or me but take themselves so serious

Well done Henry B. You just slagged off people who were actually interested in this topic. Make me sick you people.

[Roberto Naranja]

Look folks, we're telling you the God's honest truth here.

Most of the threads you'll see here with the 'flaming' is designed to try to shout us down. I have no reason to tell you otherwise. Spend your money on whatever you want. Why should I care?

But others who are really VOCAL here do care cause they are in the PROPERTY BIZ

If you can't OWN THE FREEHOLD IN YOUR NAME why would you dare?? Use your brain..It's that simple.

There is no need to get so upset.

If people want to throw their money away that is their problem.

Astral

Moderator

What & obey to those signs that have been put up by you which will be torn down within the next week ???

" Your Thai Agent "

" Don't buyProperty until speaking to us "

Is that what you mean Gene ???

[churchill]

Now a report in a respected property magazine ( not a local samui paper or the Bangkok post ! ) Has this got a bit of wind behind it ! If it has it must be positive -

Samui looks to alternatives

By Frank Page

After an extended period of unprecedented triumph, Koh Samui´s residential property market has recently been suffering from a sales slump. The government´s planned crackdown on foreign companies with nominee shareholders, combined with a number of high-profile land encroachment investigations have caused a significant drop in investor confidence, although the construction and tourism sectors continue to boom.

Most of those involved in the property sector see the slow down as temporary, but many also feel that new approaches to foreign ownership are needed to re-establish investor security.

An email circulated to the local press and business community on Koh Samui last month claims to offer exactly such a new option for foreigners that want to invest in property on the island. In what appears to be an extension of existing laws and exclusive to Samui, a Thai company known as Thailand Long stay Management (TLM) is offering perpetual 30-year leases through a special government-backed programme.

Although the firm is privately owned, one of its main shareholders is the Tourism Authority of Thailand (TAT). TLM says the TAT wants to promote and develop legitimate long-term stay in Thailand in order to "increase investment and spur the country’s economic growth." It is therefore offering a "Vacation Investment Program" (VIP), through TLM, which purportedly allows private foreign investors to enjoy perpetual leasehold on a residential property.

In addition to these benefits, foreigners accepted on to the long stay programme will be eligible for a one-year visa and other privileges such as fast track immigration procedures at the airport.

Even more importantly from an investment point of view, according to the company´s website, "when MR. A sells his property after 20 years to Mr. B, Mr. B gets a new 30 year lease and not 10 years as with the previous lease hold set-up."

The company’s Chief Executive Officer, Pol. Col. Ruamnakorn Tubtimthongchai, plans to launch the new scheme this month at Government House. According to the published information, licenses to offer VIP services on Samui will then be granted to a selected number of agents who match certain criteria. Only licensed firms will be permitted to manage the service on Samui and although VIP is open to any individual who wishes to purchase property for residential purposes, interested parties will only be accepted onto the scheme after a thorough background check.

Once accepted, investors sign a lease agreement with the Thailand Long stay Management Property Company via one of their agents. Unlike a normal 30-year Thai lease, the lessee puts his or her own name on the back of the land title. According to TLM, this guarantees a permanent contract and means that when an investor sells the property, the new buyer takes on a new 30-year perpetual lease and transfers his or name onto the land title.

As with any property purchase, a full understanding of the exact legal implications will require assistance from an independent legal expert. However, if the scheme is legitimate, it will certainly boost the Samui property sector.

For more information, visit www.thailongstay.co.th

[gazza1]

Now a report in a respected property magazine ( not a local samui paper or the Bangkok post ! ) Has this got a bit of wind behind it ! If it has it must be positive -

Samui looks to alternatives

By Frank Page

After an extended period of unprecedented triumph, Koh Samui´s residential property market has recently been suffering from a sales slump. The government´s planned crackdown on foreign companies with nominee shareholders, combined with a number of high-profile land encroachment investigations have caused a significant drop in investor confidence, although the construction and tourism sectors continue to boom.

Most of those involved in the property sector see the slow down as temporary, but many also feel that new approaches to foreign ownership are needed to re-establish investor security.

An email circulated to the local press and business community on Koh Samui last month claims to offer exactly such a new option for foreigners that want to invest in property on the island. In what appears to be an extension of existing laws and exclusive to Samui, a Thai company known as Thailand Long stay Management (TLM) is offering perpetual 30-year leases through a special government-backed programme.

Although the firm is privately owned, one of its main shareholders is the Tourism Authority of Thailand (TAT). TLM says the TAT wants to promote and develop legitimate long-term stay in Thailand in order to "increase investment and spur the country’s economic growth." It is therefore offering a "Vacation Investment Program" (VIP), through TLM, which purportedly allows private foreign investors to enjoy perpetual leasehold on a residential property.

In addition to these benefits, foreigners accepted on to the long stay programme will be eligible for a one-year visa and other privileges such as fast track immigration procedures at the airport.

Even more importantly from an investment point of view, according to the company´s website, "when MR. A sells his property after 20 years to Mr. B, Mr. B gets a new 30 year lease and not 10 years as with the previous lease hold set-up."

The company’s Chief Executive Officer, Pol. Col. Ruamnakorn Tubtimthongchai, plans to launch the new scheme this month at Government House. According to the published information, licenses to offer VIP services on Samui will then be granted to a selected number of agents who match certain criteria. Only licensed firms will be permitted to manage the service on Samui and although VIP is open to any individual who wishes to purchase property for residential purposes, interested parties will only be accepted onto the scheme after a thorough background check.

Once accepted, investors sign a lease agreement with the Thailand Long stay Management Property Company via one of their agents. Unlike a normal 30-year Thai lease, the lessee puts his or her own name on the back of the land title. According to TLM, this guarantees a permanent contract and means that when an investor sells the property, the new buyer takes on a new 30-year perpetual lease and transfers his or name onto the land title.

As with any property purchase, a full understanding of the exact legal implications will require assistance from an independent legal expert. However, if the scheme is legitimate, it will certainly boost the Samui property sector.

For more information, visit www.thailongstay.co.th

Nothing new. The same quotes ive seen for the past 6 weeks. And all these quotes are from SEC themselves.

Still anxiously waiting for the formal announcement.

[gazza1]

Now a report in a respected property magazine ( not a local samui paper or the Bangkok post ! ) Has this got a bit of wind behind it ! If it has it must be positive -

Samui looks to alternatives

By Frank Page

After an extended period of unprecedented triumph, Koh Samui´s residential property market has recently been suffering from a sales slump. The government´s planned crackdown on foreign companies with nominee shareholders, combined with a number of high-profile land encroachment investigations have caused a significant drop in investor confidence, although the construction and tourism sectors continue to boom.

Most of those involved in the property sector see the slow down as temporary, but many also feel that new approaches to foreign ownership are needed to re-establish investor security.

An email circulated to the local press and business community on Koh Samui last month claims to offer exactly such a new option for foreigners that want to invest in property on the island. In what appears to be an extension of existing laws and exclusive to Samui, a Thai company known as Thailand Long stay Management (TLM) is offering perpetual 30-year leases through a special government-backed programme.

Although the firm is privately owned, one of its main shareholders is the Tourism Authority of Thailand (TAT). TLM says the TAT wants to promote and develop legitimate long-term stay in Thailand in order to "increase investment and spur the country’s economic growth." It is therefore offering a "Vacation Investment Program" (VIP), through TLM, which purportedly allows private foreign investors to enjoy perpetual leasehold on a residential property.

In addition to these benefits, foreigners accepted on to the long stay programme will be eligible for a one-year visa and other privileges such as fast track immigration procedures at the airport.

Even more importantly from an investment point of view, according to the company´s website, "when MR. A sells his property after 20 years to Mr. B, Mr. B gets a new 30 year lease and not 10 years as with the previous lease hold set-up."

The company’s Chief Executive Officer, Pol. Col. Ruamnakorn Tubtimthongchai, plans to launch the new scheme this month at Government House. According to the published information, licenses to offer VIP services on Samui will then be granted to a selected number of agents who match certain criteria. Only licensed firms will be permitted to manage the service on Samui and although VIP is open to any individual who wishes to purchase property for residential purposes, interested parties will only be accepted onto the scheme after a thorough background check.

Once accepted, investors sign a lease agreement with the Thailand Long stay Management Property Company via one of their agents. Unlike a normal 30-year Thai lease, the lessee puts his or her own name on the back of the land title. According to TLM, this guarantees a permanent contract and means that when an investor sells the property, the new buyer takes on a new 30-year perpetual lease and transfers his or name onto the land title.

As with any property purchase, a full understanding of the exact legal implications will require assistance from an independent legal expert. However, if the scheme is legitimate, it will certainly boost the Samui property sector.

For more information, visit www.thailongstay.co.th

Nothing new. The same quotes ive seen for the past 6 weeks. And all these quotes are from SEC themselves.

Still anxiously waiting for the formal announcement.

Anyone seen this. Probably worth turning up to hear.

Dear Sir

Further to our last email, seats are being reserved fast. So if you wish to attend this event please send your name and company to [email protected] .

The Launch Event is being held at The Samui Palm Beach Resort in the Wanlee ball room on the Friday 17th November, the event starts at 1pm

The Key people who will be speaking at the Launch are

Dr.Suvit Yodmanee - The Minster of Tourism and Sport

Mr Ruamnakorn Tabtimtongchai – President of TLM

Mr Niwat Sawadkeaw .- Chief of Surrathani Province

Mr Chaiykarn Sudampanthorn – CEO of Samui Estate Corporation

The representative of the Chief of Immigration

Officials from the Land Office

The Seminar will be in THAI only, but with English literature being made available to those who do not understand Thai, also English representatives will be on hand to answer any questions.

The structure of the seminar is

กำหนดการ

การสัมมนาและเปิดตัวโครงการ VACATION INVESTMENT PROGRAM (VIP)

โดยบริษัท ไทยจัดการลองสเตย์ จำกัด

ร่วมกับหน่วยงานราชการและภาคเอกชนด้านอสังหาริมทรัพย์

ณ สมุย ปาล์ม บีช รีสอร์ท ห้องวันลี บอลรูม เกาะสมุย สุราษฎร์ธานี

วันศุกร์ที่ 17 พฤศจิกายน 2549 เวลา 13.30 น.

......................................................................

13.30 น. ลงทะเบียนผู้เข้าร่วมงานและสื่อมวลชน

14.00 น. พิธีกรกล่าวต้อนรับแขกผู้มีเกียรติ และนำเข้าชมวีดิทัศน์

แนะนำโครงการ VACATION INVESTMENT PROGRAM (VIP)

14.10 น. พันตำรวจเอก รวมนคร ทับทิมธงไชย

ประธานเจ้าหน้าที่บริหาร บริษัท ไทยจัดการลองสเตย์ จำกัด กล่าวรายงานวัตถุประสงค์

14.20 น. ผู้แทนสำนักงานตรวจคนเข้าเมือง กล่าวรายงาน ความพร้อมในการอำนวยความสะดวกการจัดทำวีซ่า 1 ปี ให้กับนักท่องเที่ยวชาวต่างประเทศ

14.30 น. เจ้าพนักงานที่ดิน กล่าวรายงาน การเตรียมความพร้อมและอำนวยความสะดวกให้กับนักท่องเที่ยวชาวต่างประเทศในการจดทะเบียนโอนกรรมสิทธิ์และการทำสัญญาเช่าที่พักระยะยาว

14.40 น. ผู้ว่าราชการจังหวัดสุราษฎร์ธานี กล่าวรายงาน

14.50 น. ร.ท.ดร.สุวิทย์ ยอดมณี รัฐมนตรีว่าการกระทรวงการท่องเที่ยวและกีฬา

กล่าวนโยบายส่งเสริมการท่องเที่ยวแบบ LONG STAY และกล่าวเปิดโครงการ

15.10 น. ร.ท.ดร.สุวิทย์ ยอดมณี รัฐมนตรีว่าการกระทรวงการท่องเที่ยวและกีฬา

มอบโลห์ประกาศเกียรติคุณให้กับผู้แทนสำนักงานตรวนคนเข้าเมือง, ผู้แทนกรมที่ดิน,

ผู้ว่าราชการจังหวัดสุราษฎร์ธานี

15.15 น. แขกผู้มีเกียรติถ่ายรูปร่วมกันบนเวที

15.30 น. รับประทานอาหารว่าง

16.00 น. สัมมนาแลกเปลี่ยนข้อมูล ข้อคิดเห็น ระหว่างหน่วยงานราชการ

และภาคเอกชนด้านอสังหาริมทรัพย์

Best Regards

The VIP Team