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Old 29-04-2006, 21:31
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LivinLOS LivinLOS is offline
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Join Date: Jun 2004
Location: Phuket
Age: 35
Posts: 19,305
Panwa is the other side of the island from the main naughty nightlife in Patong..

If its a condo you should be able to own it 100% in your name.. If its not a condo and properly registered as such then you will need to set up a Thai company that is majority Thai owned and have that own the property.. Problems arise as the business must be legally an active company so what is it doing ?? Setting up a company purely to get around the fact that farangs cant own property in Thailand is illegal. Currently this law is not enforced and dormant companies own lots of property but it only takes a tiny change of sentiment to create a new on the ground situation..

It sounds like you really are not yet aware of how the Thai legal systems are and how they work.. I suggest spending time here first then you will make a safer investment (or not depending on your mood)..
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