In early November last year, the Constitution Drafting Committee (CDC), tasked with the drafting of a new constitution for Thailand held its first meeting right after the Chairman of the National Reform Council (NRC) signed the appointment letters of all the 36 chosen CDC members. more
Chances are, the New Year presents new and exciting opportunities to many individuals. For those who felt they missed out on their career in the year that passed, they look forward to the beginning of the year to bring some significant and positive changes in their professional lives. more
As the year 2015 begins, investors scout for countries where they can have opportunities to set up a business and succeed. The year 2015 also marks the implementation of AEC 2015 (ASEAN Economic Community) which will also signal the beginning of regional integration for the ten members of Association of Southeast Asian Nations (ASEAN) – Vietnam , Brunei, Thailand, Cambodia, Singapore, Indonesia, the Philippines, Laos, Myanmar and Malaysia. more
Different countries have different laws on parentage. In many countries, the issue is always on paternity. The birth mother is almost always automatically registered as the legitimate parent of the child regardless of her civil status while there are specific circumstances required in some countries when it comes to paternity.
Provisions of the Thai Parentage Law Code spell the different criteria corresponding to the child’s legitimacy or illegitimacy and paternity. more
Marriage is one of the biggest decisions any individual can make. Marriage will change nearly everything – from management of personal assets to the mindsets needed to make a decision not only for oneself, but for the entire family. Speaking of assets, it makes good sense to have a pre-nuptial agreement.
The condominium is the ideal investment for any foreigner in Thailand. It’s the only the form of real estate that expats and foreign retirees can place their money into, as according to the laws of Thailand. The 1979 Condominium Act of Thailand lays out the rules for foreign ownership of condominium units in the country.
Just in case that you do not remember, click here to refresh your knowledge on what the law says about foreign condominium ownership.
If you want to visit Thailand, you might want to research first about the requirements for foreigners entering the Kingdom of Thailand. Fortunately, as it is a very tourist-friendly country, you can find it easier to visit Thailand as compared to visiting other countries in the Asia-Pacific. There is actually a way for you to enter Thailand while complying with a minimal number of requirements.
Thailand is one of the fastest developing countries in Southeast Asia. It is preferred by businessman and retirees from Europe, particularly the UK, as an investment hub. Despite drastic changes in political leadership in the past decade, Thailand’s economy remains stable and is, in fact, still growing.
We have mentioned several times that it is totally legal for a foreigner to acquire a condominium unit in Thailand. To recap, Thai law makes a provision for foreign ownership of condos provided that 60% of the units in the project are reserved for Thai locals. If the remaining 40% allowance has been bought up by the foreigners, what does a foreign national looking to own a condominium unit do?