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**UBJ3kvP1** · 09-21-2012, 10:48 PM

Quote[/b] (Chai @ Mar. 27 2003,01:53)]It basically states that foreigners investing in the area of 40 million baht in Thailand may be permitted to purchase one rai of residential land in Bangkok.

Oh, so that is what was referred to in the first post when it said:

Quote[/b] ]...with a few exceptions – like a Board of Investment approval or suitcases full of money deposited in a Thai bank – foreigners are not allowed to own freehold land.

That's good to know. Now all I need is to find my piggy bank to get out the spare change!

09-21-2012, 10:48 PM	#4
UBJ3kvP1 Join Date Oct 2005 Posts 418 Senior Member	Quote[/b] (Chai @ Mar. 27 2003,01:53)]It basically states that foreigners investing in the area of 40 million baht in Thailand may be permitted to purchase one rai of residential land in Bangkok. Oh, so that is what was referred to in the first post when it said: Quote[/b] ]...with a few exceptions – like a Board of Investment approval or suitcases full of money deposited in a Thai bank – foreigners are not allowed to own freehold land. That's good to know. Now all I need is to find my piggy bank to get out the spare change!
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