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Old 15-08-2018, 01:46 AM
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Re: Buying house in thailand under foreigner name

Quote:
Originally Posted by fallen11 View Post
Payments for new projects are typically like this:
pay 10% upfront to reserve a unit.
10% is for locals.... foreigner varies from 10-30% depending on developer.

Quote:
Originally Posted by fallen11 View Post
Your dummy corp must have at least 51% thai ownership.
All companies need 51% Thais but BOI approved company can be 100% foreign owned. BTW, If u know how an actual XXX co. ltd. works then it is stupid to incorp a dummy corp.

Quote:
Originally Posted by Happyman007 View Post
So if you really want to invest in Thailand condo.....buy cash.
Right, just buy a condo to save all the shit.

Good reputed lawyer will advise dun go for these loop holes.... money lawyer will tell u this can, that can, simply cause they can earn money from u. If there is law suit, they will earn again. In end uses ass to think also know who will suffer and whose money will be lost...

Example of a trick by money lawyer... they will use their firm to take the 51% while signing another internal contract.

If anyone wants a property tour, USD 1000 for 8 hrs. I will take u around viewing property with my 5 series for a day.

Property purchase or Incorp of company advice will be charged per block of 10 min. Man day rates standard 8 hours, USD 1000.
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