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[properperson]

Must stop doing this because all i seem to do is to hear conflicting stories....

This bloke told me that foreigners who want to buy property, have to set up a Thai company, but new regulations now state that the maximum shares allowed is now 39% - i'd heard it was 49%..

any ideas ??


Tommy

[Northpoint]

Stop talking to dills in a bar and present your questions on this board in a sensible way.

[properperson]

Perhaps it was you Northpoint ??

[dumball]

Nah , they just want to take the rise outaya for being a GULL !!!!!!! 555

[madjbs]

Quote

Was Talking To A Bloke In A Bar

Thats where you went wrong. Never believe anything anyone tells you in a bar, unless you actually know them.

99.9% of the time they are wrong in my experience.

[Harcourt]

madjbs, on 2009-11-25 05:57:08, said:

Quote

Was Talking To A Bloke In A Bar

Thats where you went wrong. Never believe anything anyone tells you in a bar, unless you actually know them.

99.9% of the time they are wrong in my experience.

For example, "You hansum man."

[keyjor]

Northpoint, on 2009-11-24 23:23:08, said:

Stop talking to dills in a bar and present your questions on this board in a sensible way.

Good one sir.
Ask here. Do not listen too much to bar "experts".
So much experience on here.

[Jimjim]

It's been done before to set up a company to buy property. However, Thailand has become wise to this and the government or a court can invalidate any company set up solely to buy property. Not advisable.

[Fontane]

Jimjim, on 2009-11-25 02:16:34, said:

It's been done before to set up a company to buy property. However, Thailand has become wise to this and the government or a court can invalidate any company set up solely to buy property. Not advisable.

So Wise one what is the correct way to start a buisiness and to have xxxx amount of partners and what percentage do you own ....
IN BAR MANS TALK PLEASE... And can you sleep at night after you've paid your money. Numbers of some good legal people would be of help..

[mahtin]

Fontane, on 2009-11-24 19:46:52, said:

IN BAR MANS TALK PLEASE...

Right, you've had enough. Haven't you got a home to go to?

[Changian]

Frequent as many bars as possible and see if there is a consensus.

[keestha]

OP,

The guy you talked to in the bar was correct, unless they changed the law in the meantime.

[neverdie]

Quote

Was Talking To A Bloke In A Bar Earlier Today

and let me guess, he said he was ex-sas......don't worry we've all met him before

[sceadugenga]

neverdie, on 2009-11-25 09:18:06, said:

Quote

Was Talking To A Bloke In A Bar Earlier Today

and let me guess, he said he was ex-sas......don't worry we've all met him before

Or.... I'm from the embassy but I can't talk about that... Jeez I loved Vientiane.

[Maejo Man]

The OP would seen to talk to a lot of people in a lot of bars...Here's another one of his "I heard it from....." posts.

Subsequently get chatting to bloke in a bar who informs me that i need to report to imigration office every 90 days, along with rental agreement showing my address and a bank statement showing i have enough money to live and they will extend by a further 90 days - ok i thought, that sounds easy....

Unfortunately a couple of days leter, talking to another bloke in another bar, who tells me that that's rubbish and i need to do a border run every 90 days...

So who's correct ?

If it's the latter - i'm totally confused !

[Naam]

keestha, on 2009-11-25 09:11:42, said:

OP,
The guy you talked to in the bar was correct, unless they changed the law in the meantime.

it varies and depends on the land office. when i set up (5 years ago) the company 51/49 i was told by the land office that in order to buy land the ratio should be 61/39, so we changed the share holdings. presently my local land office does not approve of any land purchase unless Thais hold 100% of the shares. that there are ways to solve that problem goes without saying. after all... This Is Thailand !

[WinnieTheKhwai]

Best way to solve this "problem" : Don't buy land in Thailand. Quite obviously the Thai government doesn't want foreigners buying or controlling it. How much more of a hint do people need? Buy where your business is wanted.

[mrtoad]

neverdie, on 2009-11-25 09:18:06, said:

Quote

Was Talking To A Bloke In A Bar Earlier Today

and let me guess, he said he was ex-sas......don't worry we've all met him before

I told you to stop talking about me.

[JimsKnight]

madjbs, on 2009-11-24 16:57:08, said:

Quote

Was Talking To A Bloke In A Bar

Thats where you went wrong. Never believe anything anyone tells you in a bar, unless you actually know them.

99.9% of the time they are wrong in my experience.

For once I agree with you claw man.

[JimsKnight]

Maejo Man, on 2009-11-25 02:46:55, said:

The OP would seen to talk to a lot of people in a lot of bars...Here's another one of his "I heard it from....." posts.

Subsequently get chatting to bloke in a bar who informs me that i need to report to imigration office every 90 days, along with rental agreement showing my address and a bank statement showing i have enough money to live and they will extend by a further 90 days - ok i thought, that sounds easy....

Unfortunately a couple of days leter, talking to another bloke in another bar, who tells me that that's rubbish and i need to do a border run every 90 days...

So who's correct ?

If it's the latter - i'm totally confused !

A lot of the time these booze boys assume you're married and on a non-imm 'o' retirement visa which may not necessarily be the case...

[Stumbo]

keyjor, on 2009-11-25 01:05:49, said:

Northpoint, on 2009-11-24 23:23:08, said:

Stop talking to dills in a bar and present your questions on this board in a sensible way.

Good one sir.
Ask here. Do not listen too much to bar "experts".
So much experience on here.

It is true there is a lot of good information for these type of topics here, just keep away from the news forum where most of the whackos like that bar fly seem to hang out.

[rabcbroon]

madjbs, on 2009-11-24 23:57:08, said:

Quote

Was Talking To A Bloke In A Bar

Thats where you went wrong. Never believe anything anyone tells you in a bar, unless you actually know them.

99.9% of the time they are wrong in my experience.

everything i know i learned from blokes in bars

[MrHammer]

You should only take advice from a bloke in a bar if he is wearing a dress.

[Aikido]

I agree with Winnie 100%, best to buy in your g/f or wifes name if you lose it at least you know who to :-)

[tom21]

Aikido, on 2009-12-01 00:37:53, said:

I agree with Winnie 100%, best to buy in your g/f or wifes name if you lose it at least you know who to :-)

And when you get divorced you do not need a lawyer to arrange a settlement. I like it, cuts out the middle man