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  1. #26
    I am not in Jail AntRobertson's Avatar
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    Quote Originally Posted by EmperorTud View Post
    Quote Originally Posted by AntRobertson
    Full ownership rights and clear title is not going to happen overnight but it will happen.
    Not while Thailand has a monarchy and the CPB are by far the biggest beneficiaries of the current situation, not to mention the biggest landowners in the country.
    Well Thailand does have a monarchy and land ownership restrictions have been progressively relaxed. It's a matter of record and there in the legislation. Granted the concessions have been small and far apart but the point is that they have been made. This thread's an example of another.

    Quote Originally Posted by AntRobertson
    Land ownership, once covered by a blanket exclusion on foreign ownership, now has certain allowances for foreign ownership.
    Such as?

    BOI doesn't count.
    BOI does count actually. It's an example of exactly what I'm referring to in the progressive allowances for foreigners to own land, you can't just dismiss it because you decide it doesn't count.

    Off the top of my head there's also the allowance for ownership of 1 rai for residential purposes under investment in Govt. bonds or some such too. Can't think of any others right now, would have to research it.

  2. #27
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    Quote Originally Posted by AntRobertson
    Well Thailand does have a monarchy and land ownership restrictions have been progressively relaxed.
    No, they haven't. It is the big man's wish to keep Thailand for the Thai and part of his self-sufficiency economy policy.

    Quote Originally Posted by AntRobertson
    This thread's an example of another.
    No, this thread is about a small change in condo ownership law, nothing to do with land.

    Quote Originally Posted by AntRobertson
    BOI does count actually. It's an example of exactly what I'm referring to in the progressive allowances for foreigners to own land, you can't just dismiss it because you decide it doesn't count.
    The only reason these concessions were made was to encourage investment in much needed areas, and again, it is the company that owns the land, not the foreigner, hence it doesn't count. The company can be foreign owned, but subject to BOI approval.

    Quote Originally Posted by AntRobertson
    Off the top of my head there's also the allowance for ownership of 1 rai for residential purposes under investment in Govt. bonds or some such too.
    With a ludicrous investment of 40 million THB?
    Mortals you defy the Gods, I sentence you to travel among unknown stars, until you find the Kingdom of Hades, your bodies will stay as lifeless as stone.

  3. #28
    I am not in Jail AntRobertson's Avatar
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    Quote Originally Posted by EmperorTud View Post
    Quote Originally Posted by AntRobertson
    Well Thailand does have a monarchy and land ownership restrictions have been progressively relaxed.
    No, they haven't. It is the big man's wish to keep Thailand for the Thai and part of his self-sufficiency economy policy.
    I'm sorry but they have, it's a matter of record and legislative amendments.

    The exclusion initally allowed for no foreign ownership of land or condo's. It now does under certain restrictions and conditions. You can argue against that all you like but it changes that fact not one iota.

  4. #29
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    Quote Originally Posted by AntRobertson
    I'm sorry but they have, it's a matter of record and legislative amendments.
    No, it's not.

    A Thai company that is majority owned by foreigners can legally own land only if approved by the BOI.

    This was a change in the law to encourage business in the interests of the country and environment, such as recycling, ecologically friendly farming etc. It was not intended to facilitate foreign ownership of land although that is a by-product of the BOI legislation.

    The proposed tightening of the FBA was, amongst other things, directly aimed at stopping foreigners using shell companies to buy and own land by tightening the legislation on nominee shareholders.

    If anything owning land has become more difficult with scrutiny on these companies.

    As I said outright ownership of land is only a dream while Thailand remains a Constitutional Monarchy, for obvious reasons.

  5. #30
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    Weren't British people allowed to own land in the 1860's?

  6. #31
    I am not in Jail AntRobertson's Avatar
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    ^^You're just being specious now. Fact of the matter is that there have been successive amendments to the legislation that have narrowed the original blanket exclusion on foreigners owning land.

    The tightening of the FBA as you mention was to close a loop-hole that was being exploited, it was never intended to be used that way so was not a legitimate avenue to begin with. It's misleading to present that as a further restriction. There's otherwise a clear pattern of the restrictions moving toward an opening of the 'market', not the opposite. Check the legislation if you don't believe me. It may not happen in the next 10, 20 or even 30yrs but it is happening.

    That this has or will not have been fast enough or wide enough for your own personal liking is entirely beside the point.

  7. #32
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    For every law and piece of legislation you claim shows Thailand is moving towards opening the market to allow foreigners to own land I can produce several that show the exact opposite, such as the cancelling of the investment visa and tightening of the FBA as previously mentioned appear to be the two biggest recent indicators.

    Those are just off the top of my head, I'm sure there are many more.

  8. #33
    I am not in Jail AntRobertson's Avatar
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    For every law and piece of legislation you claim shows Thailand is moving towards opening the market to allow foreigners to own land I can produce several that show the exact opposite
    Fine go ahead, be my guest.

    Perhaps you'd like to start your own thread on it. This one was intended to advise of a change to the legislation for anyone that might be interested. Predictably your presence on it has taken it down a well-trodden path.

  9. #34
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    You may also be interested to know that the King's very own name, Bhumibol, means 'strength of the land'.

  10. #35
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    Quote Originally Posted by AntRobertson
    Perhaps you'd like to start your own thread on it.
    Why? My point was to correct those posters such as yourself who erroneously believe Thailand will allow foreigners to own land while it remains a Constitutional Monarchy.

    A belief based on nothing more than wishful thinking.

  11. #36
    I am not in Jail AntRobertson's Avatar
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    Well just as well you're always here to set everyone straight with the benefit of your all-seeing, all-knowing insight then isn't it. I for one would be utterly at a loss without you.

  12. #37
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    Quote Originally Posted by AntRobertson
    Well just as well you're always here to set everyone straight with the benefit of your all-seeing, all-knowing insight then isn't it. I for one would be utterly at a loss without you.
    Childish remarks aside, it was obvious that you know little about the King's vision of localism for Thailand and his desire to further limit foreign investment and influence in Thailand including foreign ownership of land.

  13. #38
    I am not in Jail AntRobertson's Avatar
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    "Blah, blah, blah I know more than you, blah, blah, blah Thailand sucks, blah, blah, blah my sunny and cheerful disposition is my greatest feature, blah, blah, blah I'm not at all a tedious and miserable cnut... Oh, did I mention Thailand sucks? Well it does..."


  14. #39
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    Quote Originally Posted by AntRobertson View Post
    "Blah, blah, blah I know more than you, blah, blah, blah Thailand sucks, blah, blah, blah my sunny and cheerful disposition is my greatest feature, blah, blah, blah I'm not at all a tedious and miserable cnut... Oh, did I mention Thailand sucks? Well it does..."

    Translation: I have lost yet another argument.

  15. #40
    I am not in Jail AntRobertson's Avatar
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    Can any Mod lurking please split these posts and this tedious, miserable Scottish cnut off from this thread?

    Cheers.

  16. #41
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    How do you ET know the King's mind?

  17. #42
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    Quote Originally Posted by good2bhappy
    How do you ET know the King's mind?
    I know his vision of localism for Thailand.

    He's clearly expressed his views and wishes on many an occasion.

  18. #43
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    Quote Originally Posted by EmperorTud
    the King's vision of localism for Thailand and his desire to further limit foreign investment and influence in Thailand including foreign ownership of land.
    Could you be a little more precise?

  19. #44
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    Quote Originally Posted by EmperorTud
    I know his vision of localism for Thailand.
    Really?
    Wish to inform us?

  20. #45
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    Quote Originally Posted by good2bhappy
    Could you be a little more precise?
    Quote Originally Posted by good2bhappy
    Really? Wish to inform us?
    Are you honestly trying to tell me you know nothing of the King's Sufficiency Economy policy?

    Google is your friend.

  21. #46
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    Are you saying that in The King's Sufficiency Economy Theory he specifically states "NO FOREIGN OWNERSHIP"?

  22. #47
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    Quote Originally Posted by good2bhappy View Post
    Are you saying that in The King's Sufficiency Economy Theory he specifically states "NO FOREIGN OWNERSHIP"?
    It is part of the big picture yes.

    Foreign influence, holdings and investment are to be tightly monitored and even in some cases reduced and eradicated altogether.

    Of course this is at complete odds with Thaksinomics but it has been demonstrated recently who really wears the trousers.

  23. #48
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    ^ sorry I googled it as you suggested but can't find that quote.

  24. #49
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    Quote Originally Posted by good2bhappy
    sorry I googled it as you suggested but can't find that quote.
    What quote?

    You do know what localism is don't you?

  25. #50
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    Philosophy of the "Sufficiency Economy"
    "Sufficiency Economy" is a philosophy that stresses the middle path as the overriding principle for appropriate conduct by the populace at all levels. This applies to conduct at the level of the individual, families, and communities, as well as to the choice of a balanced development strategy for the nation so as to modernise in line with the forces of globalisation while shielding against inevitable shocks and excesses that arise. "Sufficiency" means moderation and due consideration in all modes of conduct, as well as the need for sufficient protection from internal and external shocks. To achieve this, the application of knowledge with prudence is essential. In particular, great care is needed in the utilisation of untested theories and methodologies for planning and implementation. At the same time, it is essential to strengthen the moral fibre of the nation, so that everyone, particularly public officials, theorists and businessmen, adheres first and foremost to the principles of honesty and integrity. In addition, a balanced approach combining patience, perseverance, diligence, wisdom and prudence is indispensable to cope appropriately with critical challenges arising from extensive and rapid socioeconomic, environmental, and cultural changes occurring as a result of globalisation. 1
    1 The 1999 TDRI Year-end Conference Distribution Material


    This is what I read could you help me by pointing me in the direction of your particular knowledge?

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