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Originally Posted by jeannie pons
Hi Denver - Hi Everyone,
Thnxs for your opinions - they have been helpful.
How is it for a Farang to buy over there - not rent?
I would not rent anywhere - if I cannot own - I don't go with it.
I am aware of the 49% rule etc - but have been informed that there
are secure ways around that problem.
Buy through a legitimate registered Company etc etc.
Own the Shares etc?
2 Companies one in possession of the Chorante for Land the other for the building etc.
Can it be done or is that just all 'BS' for a potential Buyer???
Hope to hear.
Happy Xmas everyone - Jeannie.
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Nope that's how its done Jeannie, need 4 thai directors owning 51%, if you don't know any the solicitor will get 4 at a cost of 2,500bht, she draws up paperwork so they sign all their rights and liabilities away. You can find details on most of the websites offering Thai property or thai solicitor sites, sorry as usual can't give you a link but if you just google search they will come!