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"One presented his idea that the Thai baht should rely on the dollar in the form of a fixed currency. In fact, this is impossible to do, so the thing that we can do is to leave Thai baht variable depending on the marketing system, so there must be another policy decided by the government. If the T
Government prepares budget for Hua Hin Mr Siraphan Kamolpramote, Hua Hin's mayor, reported that Hua Hin at the moment has grown very rapidly. Unfortunately local residents don't know how to handle the growth which creates many social problems especially water supply, heavy traffic, lack of parking space, low standard sports fields, no su
Can you tell if your broker is a Snake Oil Salesman? If your broker tells you this is possible drop him like a brick. There are ways of course to maximize income but it will always involve some risk.

So this drives me this month to have a look at the general quality of expatriate brokers in Asia. There are many good quality qualified broker
Money for nothing Economists define money as a medium of exchange. Money is necessary in order for economies to evolve beyond barter systems.

For most of the recorded history of the world, this function has been performed by gold. It has intrinsic value and requires real resources to produce. It
Mrs Jaranya Sangiampansiri, chief manager of Thanachart Bank-Hua Hin branch, told to Hua Hin Today that Hua Hin hosts the 88th branch of Thanachart Bank. Thanachart Bank aims to open 150 branches throughout Thailand to provide services to business people, merchants, public people, farmers, fishermen
One thing I realize, speaking to these people, is that none of them have asked questions directly to the Thai authorities. All of them have spoken with "someone he know". This is the biggest mistake you can make. Thais are by nature very polite and helpful. This behavior is also true of t
THE LAND CODE AMENDMENT ACT (NO.8) B.E. 2542 (1999) BE IT THEREFORE BY THE KING, by and with the advice and consent of the National Assembly, as follows: Section 1 This Act shall be called the "Land Code Amendment Act (No. 8) B.E. 2542 (1999)" Section 2 This Act shall come into force as from the day following the date of its pub
2. Loan Term 1). Maximum Term 30 years. 2). Borrowers age plus borrowing term must not exceed 70 years. 3. Documents Required 1). Loan Application 2). Personal Documents. - Photocopy of house registration - every page. Photocopy of personal ID
Because of the peculiar local system of taxing property on an arbitrary assessed value as determined by the Land Department rather than true market value, these taxes could amount to a considerable percentage of the purchase price. There is a property sales tax of 0.11% of assessed value
However, the day may come when the lessee would like to exit the lease, in which case he will most probably seek to sell his rights in the lease to another person. A long term lease agreement will normally provide that the lessee will have the right to transfer his interest in the lease with the con
Acquisition of Land by Alien However, the Land Code has been amended with Section 96 bis providing that since January 19th, 2002, an alien is allowed to purchase land in Thailand for residential purpose and the land to be purchased shall be not more than one rai in area, and the following rules and conditions must be met:
Working with the Thais: A Guide to Managing in Thailand This book is an essential read for expatriates working in Thailand. The book is so accurate and useful that Thais recommended this to their foreign friends to read in order for them to get to know the culture and the people better. The book is a quick and easy read with general topics broken down in
Comprehensive titling cannot exist without complete land surveys and unlike many western countries the process of national land surveys is still an ongoing process in Thailand. Up until a few decades ago it was possible to simply stake a claim over a piece of jungle, register that claim and farm or
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