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Best Method Of Ownership in Thailand

In Thailand, a foreigner may only own a condominium in his/her own name. If the foreigner wishes to acquire land and build a house, he/she should obtain a long term lease on the land (for a period not exceeding 30 years each term). The foreigner should apply for the construction permit to build the …

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Rising labor costs, manpower shortages drive Nidec to AI

Japanese electric motor maker revs up automation to cut down staffing needs. Turning to automation to offset manpower shortages and rising labor costs is nothing new. But precision electric motor maker Nidec is going at it full speed. The Japanese company is increasingly relying on smart manufacturing — processes that utilize robotics, artificial intelligence …

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Investing in Thailand as a foreigner

Why Thailand? Take the best, forget the rest It is not only Thailand’s geo-strategic location in the heart of Southeast Asia which makes it highly attractive for foreign investments. A manufacturer from e.g. Europe can thrill several birds with one stone if he decides to set-up a production facility in Thailand: Manufacturing in Thailand under BOI promotion …

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Types of Land Ownership in Thailand

Title Deeds in Thailand may be mainly divided into 4 categories as follows: Freehold Title Deed (Chanote Or Nor Sor 4) This type of title grants the holder of this document full rights over the land, to deal with or to use it to the exclusion of others. Thus, if you’re planning to buy …

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