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Old 15-11-2008, 04:00 PM   #224 (permalink)
Butterfly
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Quote:
Originally Posted by Spin
Butterfly, with regard to the SET. if you have an account in your own name, is it possible that the Thai authorities can class that as working without a work permit? is trading/investing here on the list of banned occupations?
absolutely not, it's actually encouraged by the SET

and no tax on capital gains, that's the beauty of it. Investing is not working in Thai laws, and working for yourself is also not regarded as "labor" as long as you don't sell anything here,

SET has a lot of bargains, for the first time since 2003, the dividends are high and the prices dirt cheap
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