A few weeks ago, Thailand’s Prime Minister, Aphisit Vejjajiva, announced that indeed foreign nationals are not permitted to engage in rice farming or livestock nor own or lease any agricultural land pertaining to such industries. It appears this announcement came about due to some serious interest by investors in the…
A two-page contract may be an oddity in other jurisdictions but it is a sad reality in Thailand. A few thousand baht for a 2 page contract is not really that much of a big deal. However, if we are talking about millions of baht in property transaction, it’s just…
With regards to residential and commercial investors, it seems that most overlook the risks or indeed the liability caused by landfill sites in Phuket. The province of Saphan Hin is now at breaking point as the licensed landfill is increasing daily threatening nearby mangroes and agricultural land. In most due…
With regards to residential and commercial investors, it seems that most overlook the risks or indeed the liability caused by landfill sites in Phuket. The province of Saphan Hin is now at breaking point as the licensed landfill is increasing daily threatening nearby mangroes and agricultural land. In most due…
It is a common practice for property buyers or investors to assign the “legal stuffs” to lawyers and just wait for the signal to sign or not to sign. Although lawyers are careful in dissecting each and every word of these contracts to make it legally foolproof, there are certain…
