Thailand allows Farangs to buy up to 1 rai and build Their house
- phuketrichard
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Thailand allows Farangs to buy up to 1 rai and build Their house
BUT before you get all excited
AND!!!!!!It applies to four target groups: Well off high earning foreigners, retirees, digital nomads and experts with required and special skills.
Foreigners in those categories will be able to buy up to one rai of land for residential use in Bangkok, Pattaya or other designated downtown areas.
https://aseannow.com/topic/1275847-thai ... -mb-catch/For this privilege the foreigner must invest 40 million baht in a single project and must commit to three years.
This could be invested in Thai government bonds, real estate funds or investment trusts according to the law.
In a nation run by swine, all pigs are upward-mobile and the rest of us are fucked until we can put our acts together: not necessarily to win, but mainly to keep from losing completely. HST
- Grand Barong
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Re: Thailand allows Farangs to buy up to 1 rai and build Their house
No one is getting all excited. believe me...
- John Bingham
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Re: Thailand allows Farangs to buy up to 1 rai and build Their house
Rai?
Silence, exile, and cunning.
- phuketrichard
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Re: Thailand allows Farangs to buy up to 1 rai and build Their house
1,600 sq m
brought my land in phuket in 1999 in my daughters name,
didn't need invest anymore than the price of the land
which by the way, was much cheaper than land i brought in Kep
In a nation run by swine, all pigs are upward-mobile and the rest of us are fucked until we can put our acts together: not necessarily to win, but mainly to keep from losing completely. HST
- John Bingham
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Re: Thailand allows Farangs to buy up to 1 rai and build Their house
But when did you buy the land in Kep? It was probably very cheap in the 90s.
Silence, exile, and cunning.
- truffledog
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Re: Thailand allows Farangs to buy up to 1 rai and build Their house
if I understand correct the land sale is only allowed in a few designated areas in BKK and Pattaya.
work is for people who cant find truffles
Re: Thailand allows Farangs to buy up to 1 rai and build Their house
Land has always been silly high in Kep, especially near the ocean, but I’d be surprised if it was more expensive than Phuket, unless the land was in a shifty area. Kep is tiny.John Bingham wrote: ↑Sun Oct 30, 2022 5:12 pm But when did you buy the land in Kep? It was probably very cheap in the 90s.
I spoke to a barang who was in Sihanoukville in 94. He said he spent two months trying to buy land so he could build a match factory (a factory making matches not a factory made of matches. That would be dangerous) . He gave up. No one wanted to sell or he couldn’t find out who owned the land or it was government owned.
People of the world, spice up your life.
Re: Thailand allows Farangs to buy up to 1 rai and build Their house
>Ring ring<
“Hello daddy. Are you having a nice time in Cambodia?”
“Yes I am darling. Do you want me to bring you something back - Angkor Wat model, “I love Phnom Penh” t shirt, Kampot pepper, traditional basket weave?”
“Yes. I want a dog”
>-!-<
“Hello daddy. Are you having a nice time in Cambodia?”
“Yes I am darling. Do you want me to bring you something back - Angkor Wat model, “I love Phnom Penh” t shirt, Kampot pepper, traditional basket weave?”
“Yes. I want a dog”
>-!-<
People of the world, spice up your life.
- truffledog
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Re: Thailand allows Farangs to buy up to 1 rai and build Their house
News like this tend to scare the "foreigners" to invest in property.
https://www.bangkokpost.com/thailand/po ... can-change
This is true for many SEA nations. You are never sure about changes in law.
https://www.bangkokpost.com/thailand/po ... can-change
This is true for many SEA nations. You are never sure about changes in law.
work is for people who cant find truffles
Re: Thailand allows Farangs to buy up to 1 rai and build Their house
Yet another stillborn project by an inept government.
In fairness, they cannot get it right. Either they'll make it so convoluted and restricted that they'll attract only a few thousand takers. Or the whole country will be sold out to Chinese investors before they can say nǐ hǎo.
In fairness, they cannot get it right. Either they'll make it so convoluted and restricted that they'll attract only a few thousand takers. Or the whole country will be sold out to Chinese investors before they can say nǐ hǎo.
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