@@johnk-pc2zx Tell that to small mum and dad businesses who often struggle. Most will want more, not less tourism, and they won't care who it's coming from. If you don't want Chinese and Russians, or so many of them, then you have to think of a way to replace that lost revenue, I can't think of any way.
I just read an article that stated Thailand joined BRICS. Said Russia invited Thailand and they accepted. Can you do a video on this please. I was planning on moving there in May from America and I’m not sure what that would mean for me now.
Buying land is one thing. Being able to buy a house with land should be allowed in a limited amount. I don't see anything wrong with that. I would rather own a house with a small amount of land, rather than buying just a condo. They could easily restrict the amount of land that foreigners can purchase and limit it to a single small lot that a house sits on, for your own domicile.
Been watching your channel for a couple years now. Can foreigners own "townhomes"? I can't seem to get a straight answer anywhere. Technically they are similar to condos - say 100 townhome community where the land is fractionally owned by each townhome owner. It offers more space and small backyard, which is what I'm looking for. If foreigners can own townhomes, does the fractional land ownership which is relinquished under foreign rule (I assume), get returned to a Thai national if you sell that property to a Thai national down the road?
@@scoutcav Thanks. My question was very specific to how the law treats "townhomes". With houses, where you own the house and not own the land but must go through a separate land lease agreement - it's too much hassle. You don't get that hassle with a condo purchase. So, from a legal lens, is the townhouse purchase treated like a house purchase or like a condo purchase?
With that all said..., you've again successfully put forth a concise status update which leans into the future without a whiff of fantastical prognostication (pursuant to valid practical reasoning). Sincere kudos. Very useful as a result.
Nothing wrong with owning 49% of land as long as you have the correct contract in place to retain control, it's totally normal you make it sound like a dark art, have you had a bad experience?
Thumbs up 👍 Benjamin
I'm a foreigner, Thailand DO NOT ALLOW THIS TO HAPPEN....... EVER.
Good.
No wa,y the Chinese and Russians would take over.
that's a possibility in the future
It's the Chinese bringing in most of the money these days, so it's an important demographic by far for Thailand to have.
You can very easily have too much of a good thing.
@@johnk-pc2zx Tell that to small mum and dad businesses who often struggle. Most will want more, not less tourism, and they won't care who it's coming from. If you don't want Chinese and Russians, or so many of them, then you have to think of a way to replace that lost revenue, I can't think of any way.
20% of Thais are of Chinese descend .Better their own blood than some farang who don't belong in this part of the world.
Globalist vs Nationalist is the biggest riff in the world right now.
The Kingdom Of Thailand for sure 😁
I just read an article that stated Thailand joined BRICS. Said Russia invited Thailand and they accepted. Can you do a video on this please. I was planning on moving there in May from America and I’m not sure what that would mean for me now.
Buying land is one thing. Being able to buy a house with land should be allowed in a limited amount. I don't see anything wrong with that. I would rather own a house with a small amount of land, rather than buying just a condo. They could easily restrict the amount of land that foreigners can purchase and limit it to a single small lot that a house sits on, for your own domicile.
I hope it never happens. Land for Thai people only. Not for greedy westerners
🇹🇭🇹🇭🇹🇭🇹🇭🇹🇭
While I'm a foreigner my daughter has a double passport so I put 'my' land in her name....problem solved 🙏
Been watching your channel for a couple years now. Can foreigners own "townhomes"? I can't seem to get a straight answer anywhere. Technically they are similar to condos - say 100 townhome community where the land is fractionally owned by each townhome owner. It offers more space and small backyard, which is what I'm looking for. If foreigners can own townhomes, does the fractional land ownership which is relinquished under foreign rule (I assume), get returned to a Thai national if you sell that property to a Thai national down the road?
You can own the house but not the land that the house is on, you have to lease that for a maximum of 30 years
@@scoutcav Thanks. My question was very specific to how the law treats "townhomes". With houses, where you own the house and not own the land but must go through a separate land lease agreement - it's too much hassle. You don't get that hassle with a condo purchase. So, from a legal lens, is the townhouse purchase treated like a house purchase or like a condo purchase?
Suggest you seek reputable legal advice and not act on You Tubers's opinions....mine included 😊
@ is the townhouse on land or floating in the sky?
@@desmondleach1915 I was literally asking the attorney who is the author of this video and on whose post I'm commenting.
99 year lease...
With that all said..., you've again successfully put forth a concise status update which leans into the future without a whiff of fantastical prognostication (pursuant to valid practical reasoning). Sincere kudos. Very useful as a result.
clickbait
Nothing wrong with owning 49% of land as long as you have the correct contract in place to retain control, it's totally normal you make it sound like a dark art, have you had a bad experience?
Do you not pay attention to what's happening with nominee companies
Pay attention and listen
It’s not legal!!!!