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Authorities cancel forum on 99-year leases for foreign investors

34 posts in this topic

51 minutes ago, elgordo38 said:

Yes you  may have to turn the computer crimes act/LM inward. 

What government policy to have land leases for foreign investors of 99 years?for what i know the policy is only 30 years.

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TITV

 

They stated the forum was cancelled because they havent finalised the laws and detail..

 

And if course 75% of posters here go rabid and foaming at the mouth 

Lol

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51 minutes ago, bamukloy said:

TITV

 

They stated the forum was cancelled because they havent finalised the laws and detail..

 

And if course 75% of posters here go rabid and foaming at the mouth 

Lol

A game changer if they did and hopefully an end to these fake companies structures.

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i wonder if leases really work. i have heard of people being chucked out of long leases when the property goes up in value. not a lot of protection for a foreign leaser when the owner turns up with his brother in law policeman to evict them.

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WHAT "99-year investment policy had not been officially implemented"???

 

They've been talking about the proposal for 50 years. But I don't recall anything about a 99-years proposal, or who would be eligible for that kind of treatment.

 

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23 hours ago, Mickmouse1 said:

Not here or else!

As your 'location' shows Borneo where is 'here' in regards to your posts above?

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3 hours ago, Destiny1990 said:

What government policy to have land leases for foreign investors of 99 years?for what i know the policy is only 30 years.

I think in time you will be able to "pick a number"

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4 hours ago, bamukloy said:

TITV

 

They stated the forum was cancelled because they havent finalised the laws and detail..

 

And if course 75% of posters here go rabid and foaming at the mouth 

Lol

Your comment doesn't make much sense.I would have thought that  if the details haven't been finalised, that underlines the rationale and need for a forum.Bureaucrats could sit in, observe and comment.But it's absolute insanity to have soldiers clumping around.

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3 hours ago, jayboy said:

Your comment doesn't make much sense.I would have thought that  if the details haven't been finalised, that underlines the rationale and need for a forum.Bureaucrats could sit in, observe and comment.But it's absolute insanity to have soldiers clumping around.

The way i read it, they postponed the forum because they havent finished the final draft of the law, therefor its pretty much useless for all and sundry to speculate on this and that.

 

But i guess if Thaivisa had to follow such logic, a lot of poor sad buggers would be a lot more sad and bored.

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19 minutes ago, bamukloy said:

The way i read it, they postponed the forum because they havent finished the final draft of the law, therefor its pretty much useless for all and sundry to speculate on this and that.

 

But i guess if Thaivisa had to follow such logic, a lot of poor sad buggers would be a lot more sad and bored.

If that's the way you read it, you must have been looking at a different article since there is no possible interpretation of The Nation piece which supports your version.

 

Furthermore even in the "explanation" which frankly you appear to have invented or dreamed up is bafflingly wrongheaded.It is the purpose of such forums to "speculate on this and that", hopefully so that the final version will take into account or incorporate sensible views.

 

The involvement of the military is as previously noted is a deliciously insane element.

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10 hours ago, williamgeorgeallen said:

i wonder if leases really work. i have heard of people being chucked out of long leases when the property goes up in value. not a lot of protection for a foreign leaser when the owner turns up with his brother in law policeman to evict them.

Wow talk about glass half empty.

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On 4/19/2017 at 3:07 PM, steven100 said:

Who's gonna be around in 99 years   .....:shock1:

Many investors will not even consider building multimillion dollar structures without at least 99 year lease. 50 year lease not worth the risk.  You lease land for family estate planning purposes, tax purposes and control of the land for heirs.  Some really wealthy family limited partnerships will not ever consider selling land but would lease it for 99 years. Good deal for both sides and banks willing to make loans on these types of arrangements.  If Thailand does not do 99 year leases then forget outside investors buildings the needed trade infrastructure they desperately want built. 

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On Thursday, April 20, 2017 at 2:27 PM, shadowmaster1971 said:

No HK was not a 99 year lease.  Only the "new territories" were a 99 year lease. The rest on HK i.e. HK Island and parts of Kowloon were ceded in perpetuity to Britain from China.  The new territories contained much of HK power and water infrastructure so when the lease was due to expire there were thoughts China would cut that infrastructure.  Today buying property in HK is in effect predominantly leasehold.

So are many in the UK.

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Thais are not stupid enough to let foreigner lease for so long, 30 years is about ok. My wife says if Europe sells land to foreigners then it's up to them, meaning they are probably stupid. I agree with her. 

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BANGKOK 28 May 2017 21:20
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