Quote:
Originally Posted by Rex7777
So if all the people that own property "illegally" have to sell it, where will they buyers come from? Fire sale prices to Thais?
Rex
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They don't have to. I think the "panic button" is being hit too soon.
The government said they need to restructure the companies and comply with the law. That means getting it to the point where the title is basically held through a 30+30+30 year lease. This is the way it should have always been done to be legal.
Then if in the next 90 years foreign freehold is allowed, you convert the lease to a freehold title in your name.
I guess it would be much smarter for me to fan the flames of panic. Then go looking for some fire sales. So yes, the world is ending. You need to sell today. next the thai government will invalidate tor tor sams that were issued for illegal companies Taht means you will have to pay a lot of tax to return your capital and have a hell of a time getting it out. SELL NOW. SELL TODAY really cheap. I may be able to help....