It is possible to set up a brokerage account to invest in Thai stocks as a Thai tax resident under a non-O visa?
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TLDR : Answer Summary
The post discusses whether individuals on a non-O visa can open a brokerage account to invest in Thai stocks as Thai tax residents. While it's possible to set up such an account, opinions vary on the prudence of investing in the Thai stock market, which is perceived by some as performing poorly. Suggestions for alternatives, such as holding government bonds or investing in gold and the iShares Thailand ETF, are also mentioned.
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Leaving aside the issue of whether it's wise to do so, another way to diversify into Thai stock would be to buy the iShares Thailand ETF which tacks Thailand's MSCI Index and trades the New York stock Exchange under the symbol THD.
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จิมมี่ *************
Buy gold. It's only going up
Jesper *******
Its possible to open a acct to buy stocks in thailand but whether its a good idea or not it's up to individuals....I myself do hold some gov bonds with a nonO retirement
Us *****
You mean to use a Thai brokerage to buy stocks that have nothing to do with Thailand right. Their market is sh*t, down 50% in the last 5 years. All the Thai companies are horrible and have major issues. Thailand is in a recession for a reason.
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Us *****
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