We have just added this page to our property section in hope to try and answer some of the questions that keep cropping up. If there is anything we have omitted please let us know:
http://huahinafterdark.com/buying-a-hou ... ua-hin.htm
Property legal issues and questions
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- Legend
- Posts: 2862
- Joined: Wed Aug 04, 2004 12:27 pm
- Location: Hua Hin
- JimmyGreaves
- Legend
- Posts: 2913
- Joined: Mon Oct 17, 2005 5:06 am
- Location: HuaEireHin
Any Proof on this sentence below from the link and does this also come into practice if the company does very small trade and pays taxes?
"Any company where over 40% of the shareholding is foreign and the business of the company is land purchase would be investigated by the Central Land Office. This is to ensure that there has been no attempt to get around the ban on foreign ownership. Therefore you are in practice limited to 39%. With a restructured Articles of Association, the foreign shareholder can be the only director of the company and the only officer who can undertake contractual dealings on the company's behalf. This, in effect gives the foreign investor control over the company. "
"Any company where over 40% of the shareholding is foreign and the business of the company is land purchase would be investigated by the Central Land Office. This is to ensure that there has been no attempt to get around the ban on foreign ownership. Therefore you are in practice limited to 39%. With a restructured Articles of Association, the foreign shareholder can be the only director of the company and the only officer who can undertake contractual dealings on the company's behalf. This, in effect gives the foreign investor control over the company. "
Legal assistance
I used a lawyer close to HH to by my place and he was great, even sent me biweekly photos of the build so I could see the progress
Happy to pass on his details
Happy to pass on his details
Re: Legal assistance
Sorry, but you weren't here as the house was being built?essbee wrote:I used a lawyer close to HH to by my place and he was great, even sent me biweekly photos of the build so I could see the progress
Happy to pass on his details
Bit longer than 6 months !
Jamie your right, I did visit a few times though during the build to check that the photos I was receiving were in fact of my house !!! (only joking) and enjoy the laid back atmosphere that makes the place, but sadly I am still having to do the daily grind in London. You guys that live there are so lucky.
Enviously yours
Enviously yours
Re: Legal assistance
essbee wrote:I used a lawyer close to HH to buy my place and he was great, even sent me biweekly photos of the build so I could see the progress
Happy to pass on his details