So that is still on? It used to be just pay 10 USD or so at the border. They kept your passport in between shopping in Myanmar, and handed it back to you with a new Thailand stamp upon return. As far as I remember.
Yes. Malaysia would be easy - as German citizens do not need a visa to enter. But I am looking for a similar solution when in the north of Thailand. I was certain there used to be something like that at the Myanmar border.
Hm. But I am rather certain that (at least before COVID) people went to the Myanmar borders, went shopping in Myanmar for a few hours, and came back to get a new stamp into Thailand - without ever having a visa for Myanmar.
Nothing, as far as I know there is a hard cap on two extension on the STV and no changing in-country into any other visa. Although if you get creative - maybe for medical reasons they would let you stay or something. Probably better (and cheaper) to leave and come back.
You can research fares on many great sites (one of the best: Google Flights). BUT do yourself a favor a book directly with the airline in these uncertain times.
Thanks for sharing those insights. I was considering the "preferred" shares route before. Some legal professionals caution about it, claiming that it may not hold at court if shit hits the fan, as it basically circumvents what the legislative body wanted to achieve with having the need for Thai majority holders in the first place. I will look into that deeper and further at some point.
Since we are talking on the subject of investing into Thai real estate here. Are there any (recommended) investment funds or ETF's covering this market? Could be a less risky alternative. Could also be something I may look into establishing in Thailand.
As I said. Nothing wrong at all with investing into real estate. But pumping money into a shared Thai Limited company as a foreign minority stakeholder and two local / native (majority holding) partners comes at an extra portion of risk and complexity involved. Just to mention the information asymmetry. And many foreigners had to learn that lesson the hard way (similar as with putting things in the wife's name). But you know how it generally is with investing, right? Risk correlates with interest rate. So yes, if the market holds as much profit potential right now as you claim, it might outweigh the added risk. Economics 101 🙂
Not sure how some of you guys are misreading my initial response. I never claimed there wasn't potential profits in real estate or that investing in that asset class was too risky in itself (e.g.
). Quite to the contrary, actually. I was merely cautioning about having to do so by needing to incorporate a legal entity in which one can only be a minority shareholder in a foreign legal system. I would assume there is less risky and less complex ways of profiting from rising real estate prices than owning them "directly" via shared Thai Limited companies.