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  • Buying a Condominium: Thailand Condominium Market Review

    April 15 2014

    Colliers recently published its last property snapshot for 2009 and we would like to take this opportunity to review 2009  Thai condominium market. So, was 2009 a good or a bad year?

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    Originally posted 2009-12-23 07:02:15.

    Buying a Condominium: Thailand Condominium Market Review

    Starting a Business in Thailand (1): The basics

    April 15 2014

    They are more than a few Tom, Dick and Harry that come to do business in Thailand armed with a “colonial” false sense of superiority. This is a mistake, even if Thailand did not yet achieve European, Japanese or US standards in all matters do not be mistaken about it. Thailand is a developed country. At least economically, politically that is a story for another day.

      Read more…

    Originally posted 2009-11-03 08:15:01.

    Starting a Business in Thailand (1): The basics

    Thailand Property: Nominees under watch

    April 15 2014

    There have been a lot of activities on the “nominees” front lately. It is an issue that resurfaces from time to time. Lately there has been the scandal of foreigners purchasing farm land through the cover of companies that have shareholders that may be deemed “Thai nominees”. This morning in the Bangkok post an article was published under the title “Nominees Ownership under watch”.

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    Originally posted 2009-08-25 12:37:59.

    Thailand Property: Nominees under watch

    By invitation : Gold Mining investment Opportunity

    April 15 2014

    A new USA gold Company already publicly quoted is looking to raise 5,000,000 USD by issuing 12.5 million new shares representing 17% of its current share capital at a subscription price of 0.40 USD per share (current trading price is between 0.70 and 0.80 USD per share. The capital raised shall be used to finance drillings in two high potential exploration properties in a major gold mining area.  For more information about this opportunity or for a complete presentation do not hesitate to contact me at contact@renephilippe.com

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    Originally posted 2012-08-17 16:52:02.

    By invitation : Gold Mining investment Opportunity

    Selling a Condominium: How is the Withholding Tax Calculated?

    April 15 2014

    If you are an individual and are selling a real estate property in Thailand you will be liable to pay personal income tax on the gain you will realized on the transaction at the time of the transfer at the Land Department. Now how does the Land Department Officer actually calculate the withholding tax payable by individual Sellers?  Read more…

    Originally posted 2009-12-09 09:26:58.

    Selling a Condominium: How is the Withholding Tax Calculated?

    Thailand Visas: Visa Abuse | Crackdown on ED Visa?

    April 15 2014

    Visa abuse is not a novelty in Thailand and for the past 3 years we have seen a race between foreigners who abuse the visa system to stay in Thailand (and those who assist them) and the Thai Immigration who always finish by catching up.

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    Originally posted 2009-12-19 05:48:46.

    Thailand Visas: Visa Abuse | Crackdown on ED Visa?

    Living in Thailand: What is the Visa Exemption?

    April 15 2014

    What is the Visa Exemption?

    Pursuant to Thai Immigration Law; any foreign citizen who wishes to enter the Kingdom of Thailand is in principle required to obtain a Visa from a Royal Thai Embassy or a Royal Thai Consulate-General prior to entering Thailand.

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    Originally posted 2009-07-29 10:42:10.

    Living in Thailand: What is the Visa Exemption?

    Buying Land: The Nominees Witch Hunt (3): The Scapegoat

    April 15 2014

    If you are a regular reader of my posts you already know that I believe that the “foreign investors that have purchased land through a company with Thai Shareholders that may be deemed nominees” is a big messy situation that at one point will need to be resolved.

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    Originally posted 2009-11-01 07:03:18.

    Buying Land: The Nominees Witch Hunt (3): The Scapegoat

    Thailand BOI: Promoted Activities: Metal, Machinery,Transport

    April 15 2014

    What are the activities eligible for promotion under section 4 of the BOI list?

    Reminder: As you already know the Board of Investment is the agency in charge of promoting certain sectors of Thai economy. As such the BOI role is among other to determine:

    What are the activities which are eligible for promotion

    What are the conditions attached to said promotion

    What are the privileges attached to said business activity

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    Originally posted 2009-08-05 14:46:31.

    Thailand BOI: Promoted Activities: Metal, Machinery,Transport

    Reminder: Working In Thailand without a Work Permit may be severely punished

    April 15 2014

    Due to the number of inquiries from readers about working in Thailand I would like to remind you as follows:

    The definition of working in the Alien Working Act 2008 is very broad and work is basically any activity (physical or intellectual) whereby one exerts energy or uses knowledge, whether or not in consideration for wages or other benefits.

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    Originally posted 2012-03-02 23:36:27.

    Reminder: Working In Thailand without a Work Permit may be severely punished