It has been discussed repeatedly in this blog that Thai law has a few exceptions that can allow a foreign national to purchase a piece of land in the country. One of these exceptions is when a person has infused an investment of THB40 million, at the least, into the country’s economy by, among other ways, investing in a business in the Kingdom.
Let us say that somebody, maybe a friend of yours or a business associate, has met the qualifications under more
If you own a big business and you want to expand to the Thai market, it’s only natural that you will want to acquire some commercial properties, in the name of your company, of course. That is one of the three exceptions that allow a foreigner to legally own land and property in the country and, that is, to establish a limited company in Thailand.
In any case, you will want to have somebody manage that property for you. Some businessmen, shrewd as they are with their cash, will want to take on that task by themselves. more
The current infrastructural developments in Thailand make it an exciting time for foreign investors to cash in by making some investments in the economy of Southeast Asia’ second-largest market. As part of their investment, it’s quite common for big companies to want to establish their own buildings for their headquarters in Thailand.
Let’s back up a bit. You might be wondering how foreign-owned companies are able to build their own headquarters in Thailand when, in fact, it is illegal for aliens to acquire and own land in the Kingdom. more
Patent applications require from an applicant a working knowledge of what the system is in Thailand, and in any country in general where one might decide to do start an enterprise.
Thailand’s patent laws are generally similar in premise to many countries around the world. However, Thailand has some marked differences in its patent laws and processes so it is still important for any prospective investor to look at what these are in order to avoid problems later on when the business is already operating.
The Trademarks Act of BE 2534 of 1991 has been the ruling law in Thailand for governing matters of intellectual property rights concerning trademarks. Since its promulgation and ratification, BE 2534 (1991) has set the rules on how trademarks are defined in a legal context and has faithfully done its job. more
We have discussed a bird’s eye view of what intellectual property law is and what role it plays in Thailand’s legal and business landscapes. This time, let us look at what items are covered by intellectual property law, and how you can, as a businessman, avail of protection for your intellectual properties. more
Intellectual property is one of the most important, and also the most interesting, aspect of any country’s law. Thailand is no different from any other country. In fact, its trade agreements with various industrial nations including the United States, Japan, and Australia, make intellectual property take on a whole new different role to protect foreigner investors’ interests in the Kingdom more
It is stated under Thai law that foreigners cannot legally acquire land in the country, but there are actually exemptions to this law. There are three special ways in which a foreign national could be allowed to legally acquire real estate, outside of condominiums, in the Kingdom of Thailand. more
Condominiums are quite popular among foreigners in Thailand, and for good reason! That’s the only piece of real estate that they can easily purchase in the country and that is possible thanks to the Condominium Act BE 2522, or more popularly known as the Condominium Act of 1979.
Let us learn a bit more about the Condominium Act of 1979, and what provisions does it have for foreigners seeking ownership of a condominium unit in Thailand. more
Thailand is one of the most beautiful countries in Asia to live in. There are many islands and resorts there that can blow your mind and take your breath away. Moreover, the Bangkok area is experiencing many improvements and developments, particularly the development of the MRT and BTS systems around the area. This means that this is the best time to invest in real estate in Thailand!
However, if you are a foreigner who is currently expatriated in the country or someone who plans to expatriate to the country, you are going to encounter some hurdles in trying to make this investment although it is not impossible for you to make that investment. As long as you educate yourself to what routes you can take and the risks or disadvantages involved, you are good to go. more