I really have no idea but I'm sure someone will have answers for you. Also, I'm pretty sure Farang can get involved, because if I'm not mistaken, I think there's some or other visa law or land ownership law that applies to foreigners who invest a certain amount on money in Thai stocks and shares.
Of course I could be wrong, but I've always been under the impression that the purpose of stock markets is to attract both local and foreign investment.
It'll be interesting to see what others say.....
Don't try to impress me with your manner of dress cos a monkey himself is a monkey no less - cold fact
Takiab,
Firstly, I'm not 100% sure if that investment extension exists anymore. There was certainly talk of scrapping it a few years ago although those already in it would have been "grandfathered". I seem to remember that the figure was around 10m THB. A lot of people bought condos and qualified that way and maybe this is the bit that went? Not the legality of being able to own a condo but getting a visa off the back of it.
I also think that the investments in stocks were/are for government issues - sort of like premium bonds. You don't actually trade them on the SET. If you were to trade in Thai stock, I would think you'd need to go through a licenced trader or have a licence yourself.
PET's suggestion seems a sensible starting point.
I know a couple of guys that do it - the astute ones make a tidy sum. As mentioned above most local banks will offer trading accounts, some will accommodate aliens, others wont.
No chance of getting a visa on the back of it 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
