While globalization has entailed a series of policy convergence across the globe, one area that has not been smoothly integrated is that of data protection. The Western concept of privacy signifies individualism, liberalism, public-private divide, and the rule of law, all of which underpin liberal democracy widely espoused in the West, but not so in…
From street food to high-end restaurants, and from Thai to international cuisine, Bangkok is a paradise for foodies. According to statistics in the month of June 2015, there were 10,056 companies in the restaurant business with a total investment amount of approximately 67 Billion Thai Baht. As the hospitality sector is restricted to foreigners, naturally…
Thailand is a wonderful place to visit on holiday and many foreigners who travel to Thailand wish to retire here later in their lives. For such foreigners, Thailand offers a very convenient form of visa – the retirement visa. 1. Requirements of the Retirement Visa The retirement visa (or non-immigrant O-A visa) is available…
For business trips to or short term employment of foreigners in Thailand, this article summarizes the available options regarding the necessary visa and work permits: 1. Business Visa Foreigners who wish to work, conduct business or undertake investment activities in Thailand must apply for a Non-Immigrant Visa at the Royal Thai Embassies or Royal…
Foreigners in Thailand have the possibility to register a usufruct related to a land plot or other real property. 1. Characteristics A usufruct provides limited property rights and is a legal right to the use and enjoyment of immovable property, including commercial benefits of property belonging to another person, according to the CCC section 1417….
Following the examples of many countries in the world, Thai legislators have now passed a new law introducing inheritance tax in Thailand. The new Inheritance Tax Act B.E. 2558 (2015) (“ITA”) was published in the Royal Gazette on 5th of August 2015 and will take effect on 1st of February 2016. Please see the following…
With the objective of supporting the Thai economy, since the 1980s, the Thai government has promoted the establishment of businesses in so-called „“Industrial Estates“, which are state-managed industrial parks. Foreign investors are offered various incentives for choosing such location for their business. There are about 36 Industrial Estates in Thailand. The legal basis for these…
Plans to reform Thailand’s tax system, including the introduction of inheritance and property taxes, have been approved by the Chief of the military-led National Council for Peace and Order (NCPO), Gen.Prayuth Chan-ocha. The proposed reforms would raise revenue by increasing taxes primarily on the wealthy. Thailand’s Ministry of Finance (MOF) has said Chan-ocha wants the…
Fabian Doppler was recently interviewed by THAIZEIT.DE on issues relating to the crackdown on abusive “Visa Runs” by foreigners (which are now no longer tolerated even in case of entering the country by plane), the new regulations of tourist visa exemption and other advice in response reader’s queries. The article has been published HERE
In our practice we often see that there is a great deal of confusion among foreigners in Thailand regarding the legalities of owning a house. Please see the below article (published in Samui Phangan Real Estate Magazine) which provides some information and clarification:
The website of the Thailand Immigration Bureau in Bangkok has on 22nd July 2014 posted a new announcement regarding its rules for overstay. Today’s announcement is further confirmation on the proposed crackdown on foreigners overstaying in Thailand, which was reported earlier this month.The announcement which is written in both English and Thai details the penalties for overstay…
FLT represents an investor to complete the purchase of a 100+ room key hotel in a resort location in Phuket. FLT were responsible for the contracts and negotiations, due diligence and real estate matters. The hotel is currently under construction.
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