On Feb 20, 10:49 pm, "Tchiowa" wrote:
>
> Nonsense. Any American can start a business as 100% owner. All other
> foreigners can start a business if they have majority Thai partners.
> Being married to a Thai is irrelevant.
>
> Your stereotypes are outdated.
>
> > what is the best country for working as a foreigner?
> > In some countries, they just pay you in cash and the government
> > never finds out you're working.
>
> And when they do you go to jail. If you want to work somewhere get a
> work permit.
these are not "stereotypes." they are realities.
to start a business in thailand and work in it you have to get a work
permit in addition to buying the business.
For a foreigner to work in Thailand you have to show you have 2
million baht in the bank. This is why most foreigners who own
businesses in thailand, have thai partners who own the business "on
paper." But the money really comes from the foreigner.
And the foreigner in all these businesses can never be seen "working,"
that is why at all expat bars, the foreign owner sits at the end of
the bar but never behind the bar.
Cost for work permit depends on the lawyer but look at between
anywhere up to 15,000 baht for processing your work permit.
You must have a work permit to open a bank account.
_________________________________________________________________
http://www.thailandguru.com/infra-property.html
The Thai wife of a foreigner can own property (a recently changed
legal status due to gender equality in the new 1997 constitution
revision), in her name only. This is fine as long as you don't have
marital problems. (The same, of course, goes for a Thai husband, but
the law was changed recently for Thai wives due to the new
constitution guaranteeing equal rights.)
Foreigners can buy some things outright. Other things must be leased
or bought properly. The most common methods of properly securing
property are:
Be the largest shareholder of a domestic company, and have the company
own the property (see details below, as you will own less than 50%,
usually 39%); or
Sign a 30-year (or less) lease with a domestic company or Thai
individual, with an automatic option to renew for another 30 years.
This is called the 2x30 ("two times 30") way.
_____________________________________________________________________
http://www.expatfocus.com/expatriate-thailand-renting-property
Finally, due to the severe restrictions in place on foreigners owning
property in Thailand, the Thai rental market is both large and health
|