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Leasehold vs Freehold Properties in Thailand

Due to restricted foreign land ownership in Thailand, to acquire real estate, a foreigner may consider the options of leasehold or freehold ownership offered by property developers. We have simplified the difference between the both for your better understanding below. Lease Ownership Under...

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What Is the Personal Data Protection Act (Thailand)?

The Personal Data Protection Act (PDPA) is the first law in Thailand introduced for data protection. In a similar manner to the EU’s General Data Protection Regulation (GDPR), the law covers the aspects of collection, usage and disclosure of personal data. Like with any other law,...

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What is a Foreign Business License (FBL) in Thailand?

While the 51/49 Thai to foreign shareholding structure is often identified as a suitable option for foreign business owner-operators, the option of 100% foreign ownership through the Ministry of Commerce’s Foreign Business License (FBL) is a welcome alternative. This FBL is different to a Foreign...

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On the Thailand Elite Residence Program

The Thailand Elite residence program is designed as a hassle-free visa solution allowing for a long-term stay in Thailand, with at least five years’ validity. It was established by a state-owned company under the supervision of the Tourism Authority of Thailand. Targeted towards high-income...

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Is Legalisation the Same as Notarisation?

Every official process carried out in any country comes with its own set of rules, forms, timeframes, requests and requirements; and these often differ based on the government agency or organisation you are dealing with. The only constant is documentation, a set of paperwork or online filing which...

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What Is Investment Promotion Certification From the BOI?

The Thai Board of Investment, commonly referred to as the BOI, is a government agency responsible for attracting foreign investment into Thailand through incentives. While it is also now known for being the agency overseeing the new Long-Term Resident (LTR) Visa programme in Thailand, the BOI is...

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