PPP to lift 305 Reserve

Ask here about the pleasures and pitfalls of buying, selling or renting property and real estate in Hua Hin. Building, design and construction topics welcome. Commercial or promotional posts for real estate companies or private properties are forbidden.
Locked
User avatar
HHHound
Banned
Banned
Posts: 28
Joined: Thu Jan 17, 2008 9:40 am

PPP to lift 305 Reserve

Post by HHHound »

Dr Surapong said the new government will first restore foreign investors’ confidence in the Thai economy, create a proper investment climate, lift the 30 per cent reserve requirement and improve laws in line with international standards
Snipped from todays POST.
:P :P :P :P :P :P :P :P :P :P :P :P
Although you could get around the 30% for a house purchase it is still a great deal for those of us soon to relocate. Shite, A Fortuner for me and a Camery for Mrs. Hound would take some suspicious cash transfers etc. I hope all that will wash out soon as I'm on the brink of the move!
Locked