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Posted (edited)

Question for BM real estate experts:

There are condo for sale in a building has been largely exceeded according to what i have been told.

Possibilities would be:

1) You buy from a thai or a farang, you have to buy in a thai company name which is out of question for me, no point to even think about it.

2) Apparently if you buy from a farang who bought it before a certain date (something like 10 years ago) you could put it in your own name as a farang.

Someone know about this kind of situation? Would be worried that even with solution 2), the authorities cancel your ownership at some point (eg: if they want to make the situation cleaner).

Thx

Edited by KhunChang
  • 1 year later...
Posted

I think the proper term is foreigner's quota... there is no such thing as a farang quota. You can also buy from foreigners of any nationalities btw.

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Posted

I would also like to know the answer to the OP's question.

 Women Are Like Elephants. I Like to Look At Em. But I Wouldn't Want to Own One. - WC Fields

  • 1 month later...
Posted

I have never heard about something like this in any country. I mean: in new york in certain high end apartments you need to be presented to be able to buy. I am not sure whether there would be a foreign quota at all.

And also it does not make sense economically. You want to attract foreign investment.

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