Laws on property develoment
[QUOTE=Old Thai Hand]That's because Taksin turned it into a HiSo resort island and made all the locals greedy.
It used to be a true get-away place...a proverbial desert island, just for lazing
But, like other places, Samui, Phuket, Phi Phi, Thai greed took over and ruined paradise.
[/QUOTE]
What is happening with property developments in Thailand - specifically in regards to laws specifying majority ownership of developments by Thai nationals. As far as I know, in the past, these laws were only techinally abided to - by the use of reduced voting rights by the Thai national shareholders, by signing blank transfer forms or subjugating shareholding etc. Now I hear that the Thai Government is cracking down and examining the actual wherewithal of these Thai National Nominees, cracking down on reduced voting rights etc - to the point that it is impossible for a Foreign national to have SECURE title to any properties bought in Thainland. WHAT IS THE REAL LOW DOWN ON ALL THIS?? Am asking this here as I know that in the past, this forum and its notable participants, had offered unique insight views and even breaking news. Thanks guys - am plenty worried as I own property there (or thibnk I do!!) - and I would think that many others here also.
SE Asia Joe
More news on new BKK Airport
aviation officials reluctant to renew certificate due to multiple concerns. this friday was supposed to be the day suvarnabhumi airport would have received a permanent aerodrome certificate for meeting safety requirements of the international civil aviation organisation (icao) - but that is not going to happen.
the interim certificate issued six months ago by the department of civilian aviation (dca) in response to the former government's rush to open the airport for domestic flights on july 29, will expire tomorrow and officials feel uneasy about extending it.
dca director-general chaisak angsuwan said the lack of certification was likely to affect international confidence in thailand's brand new airport, but it was impossible for his agency to issue a permanent certificate amid looming problems such as major cracks on the runway, taxiway and tarmac.
"the best we could do is issue another six-month interim certificate to suvarnabhumi, but i'm not certain if we can do it by this friday because there are a long list of questions for which we are still awaiting answers from the airports of thailand," he said.
chaisak said his agency needed to see a comprehensive plan of how the cracks - reportedly rep001tered around some 100,000 square metres of the airport - would be addressed, as well as other unresolved safety issues such as inadequate lighting and airfield signs.
the thaksin shinawatra government rushed to officially open suvarnabhumi in late september amid criticism from both local and international aviation industry that the airport was not ready. the council for national security, which ousted thaksin 10 days before the opening, said it was too late to change the schedule.
these developments potentially set the stage for the airport to be left in a certification "no-man's land" as thai credibility in regard to ensuring airport safety up to icao standards has suffered a major blow.
"the icao will soon release a list of uncertified airports in the world and it remains to be seen if suvarnabhumi will be on the list," a dca safety official, who asked not to be named, said.
runway and tarmac cracks, which began appearing at the time of the official opening, seemed to be getting worse, said the safety official, and that made it impossible to certify that suvarnabhumi met icao standards.
pt
Buying a house in Thailand
Most of you might think I am a fool, but I would really like to help a cuty to buy a house, for her security and peace of mind in her life. Maybe we could own 50/50, or just a house of her own. I could help by paying a share of her mortgage, etc... The thing is I know absolutly nothing about poperty business in Thailand. Anyone would know where to find a website of forum giving some knowledge of that ?
Thanks
Watch Glen Gary Glen Ross
[QUOTE=Erik]Most of you might think I am a fool, but I would really like to help a cuty to buy a house, for her security and peace of mind in her life. Maybe we could own 50/50, or just a house of her own. I could help by paying a share of her mortgage, etc... The thing is I know absolutly nothing about poperty business in Thailand. Anyone would know where to find a website of forum giving some knowledge of that ?
Thanks[/QUOTE]
Any real estate deal with any Thai, Pinoy or people from other p4p destinations may as well be swampland in Fla.
I remember a shaved headed Belgian looking down at me like he was lord of the manor walking with his 30+ so called ex bargirl coming out of "their" condo when I was staying with some ho in Lengnarm near Pattaya. She tried to keep me there to keep me away from the more newbile talent closer to the water. This "Dr. Evil looking jack-the-lad" wasn't looking too happy a week later when his trollup was demanding more. Fortunately for me, my only invesment was a bar fine, some groceries and a pair of shoes. When the Spanish had Tupac and demanded a room full of gold, after that they demanded another and another then they killed Tupac even after the deal had been fulfilled thrice. This is how they look at us. Sad but true.
Just remember that the the more you are committed the harder it is to walk and that they will always demand more.