Do the foreigner buy stock in Thailand?
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Do the foreigner buy stock in Thailand?
I am from Beijing, what I notice at home is the expats living in China use to have very good life as thing is cheap. But in the past 10 years,the local money RMB is appreciated about 50% against USD. Not only that everything getting more and more expensive. The life getting hard for expats especial with family.
How should we predict what will happen in Thailand? To invest in Thailand stock market is it good way against inflation?
Much appreciate any constructive guidance from the community.
How should we predict what will happen in Thailand? To invest in Thailand stock market is it good way against inflation?
Much appreciate any constructive guidance from the community.
Re: Do the foreigner buy stock in Thailand?
Yes, have a read of this: viewtopic.php?f=9&t=23945
Who is the happier man, he who has braved the storm of life and lived or he who has stayed securely on shore and merely existed? - Hunter S Thompson
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Re: Do the foreigner buy stock in Thailand?
Can foreigners buy Thai stock in their own name? For those of us without a Thai wife
Re: Do the foreigner buy stock in Thailand?
Yes, you can buy mutual funds or open trading accounts with the banks in your own name, they did ask for my work permit though.
Who is the happier man, he who has braved the storm of life and lived or he who has stayed securely on shore and merely existed? - Hunter S Thompson
Re: Do the foreigner buy stock in Thailand?
Technically foreigners can only own 49% of the shares in any one company but obviously unless either you're very wealthy or investing in a very small company, that's not going to be an issue.dundrillin wrote:Can foreigners buy Thai stock in their own name? For those of us without a Thai wife
Re: Do the foreigner buy stock in Thailand?
buksida wrote:Yes, you can buy mutual funds or open trading accounts with the banks in your own name, they did ask for my work permit though.
I have a trading account with baulmaung securities and never needed a work permit.
Re: Do the foreigner buy stock in Thailand?
Just sharing my personal experiences, this is Thailand - a country where rules and regs change as often as the weather and will vary from place to place in similar frequency.yankee99 wrote:buksida wrote:Yes, you can buy mutual funds or open trading accounts with the banks in your own name, they did ask for my work permit though.
I have a trading account with baulmaung securities and never needed a work permit.
Who is the happier man, he who has braved the storm of life and lived or he who has stayed securely on shore and merely existed? - Hunter S Thompson
Re: Do the foreigner buy stock in Thailand?
Yes, through my wife's account at Tanachart. Even before that I was trading here under my name, but they kept the dividends...
good luck
good luck
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Re: Do the foreigner buy stock in Thailand?
Which is why I would never dream of investing a dime in the place.buksida wrote:Just sharing my personal experiences, this is Thailand - a country where rules and regs change as often as the weather and will vary from place to place in similar frequency.yankee99 wrote:buksida wrote:Yes, you can buy mutual funds or open trading accounts with the banks in your own name, they did ask for my work permit though.
I have a trading account with baulmaung securities and never needed a work permit.
Re: Do the foreigner buy stock in Thailand?
You can buy stocks in Thailand but you cannot buy on margin and you cannot vote on company resolutions. If you want to collect the dividends then be sure to buy through NVDR, which removes most of the restrictions made on foreigners buying stock in Thailand. The Thai authorities want foreigners to invest in the Thai stock market so they do try to make it easy.
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Re: Do the foreigner buy stock in Thailand?
Aberdeen New Thai investment trust I think is a good punt on the (eventual)recovery in the Thai stock market. Discount to nav is 13.9 % , share price is 373p Year high 600/ low329 As you buy in £'s should be some currency appreciation (In long term) Portfolio looks to be made up of pretty solid companies.
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Re: Do the foreigner buy stock in Thailand?
YES, As a foreigner can actually open Thai stock trading account under his/her name. You can receive dividend also the capital gain is not subject to tax.
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Re: Do the foreigner buy stock in Thailand?
I interpret this question to be with regards to buying stock in Thai registered companies, not to sit in Thailand and trade on the internet,
How does the Thai stock market fare against others - comparison anyone?
How does the Thai stock market fare against others - comparison anyone?
One Day I'm gona die. I can live with that.
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Re: Do the foreigner buy stock in Thailand?
My own advice, for what it's worth.
NEVER invest in any company, where the main asset can go up and down in the lift.
NEVER invest in any company, where the main asset can go up and down in the lift.
I've lost my mind and I am making no effort to find it.
Re: Do the foreigner buy stock in Thailand?
FLR: the below listed stock markets for the year 2013 to name a few:
- Dubai +107%
- Japan +56%
- USA +29.6%
- Germany +25.5%
- Britain +14.4%
- Thailand - 6.7%
Some other figures for Thailand: Jan 94, 1754 (highest ever), Sept. 98, 207, and as of now: 1390
The source: bespokeinvest.com
- Dubai +107%
- Japan +56%
- USA +29.6%
- Germany +25.5%
- Britain +14.4%
- Thailand - 6.7%
Some other figures for Thailand: Jan 94, 1754 (highest ever), Sept. 98, 207, and as of now: 1390
The source: bespokeinvest.com