@Jon *****

here is another that states the 40m baht investment can include the price of the property! That is nearly perfect for me and wanting to pay cash. I would not mind investing any balance into some Thailand interest bearing account. Perfect. Apparently this program is only happening in Bangkok or Pattaya, which is also exactly where I was looking.

So it does appear if you qualify for a long term visa, want to live in Pattaya or BKK, and have the means, you can use this program. I still have further questions, but save that for lawyer.

@Jon *****

here is what I was referring to as far as foreigner land ownership. This article is from Oct 28 2022. I just searched "40 million baht investment"

@Jon *****

I was interested in the land lease and am very familiar with it, but had others say not to. Are you familiar with how it works? If I buy a villa, does the ownership of the land effectively go to the Thai gov? I assume they can repurpose the land at will, but would they be forced to buy me out at a decent market rate? What type of actions can get you blacklisted? I have no interest in drugs and stay away from people that do it, so no issue there. But could like simple traffic infractions do this?

Plan was to pay cash, but in that scenario, I would put the least amount down to limit early on exposure i suppose. A villa is actually preferred over condo due to the monthly maintenance fees. I have heard there is no property tax in Thailand, is this true with a foreigner owning a villa? Mostly looking in Phratamnak to South Jomtien area.

Bring cash, biggest bills possible, exchange there. Before I knew, I was exchanging at my bank in US and only getting . Came to Thailand and could have got (dollar was stronger 6 mo ago) had i just brought cash and exchanged there. Current rate around usd.

@Phil ******

if it is possible, I will look for a place right next to Bira in Pattaya!! I have a friend here who does large track day events with track time, food, and music. Would be cool to do a once or twice yearly show and drive event there.

Is there anything currently like that?

@Chris ******

i understand. Maybe it is time to let it all go and start again. I scour fb car classified in Thailand and there certainly is some crazy builds there that would be fun too. I was at first worried there might not be a fan base for car mods there, but after minimal research, there is some crafty builders there! They are nuts too. 700hp diesels bolted to a piece of plywood on the water with zero safety equipment. Then watching tuktuk and rice harvester racing. 😂😂😂 I will get along just fine.

@Jon *****

someone else very breifly touched on it in this post. There is a program of based on investment in Thai businesses i believe that can allow you to own on some level is what i took from what was said. I do not know the specifics, and I believe it is new.

Maybe I misinterpreted? Maybe it was explained wrong? That is why I am looking for the correct legal info.

@Christopher ******

thanks for the info. Ya, I had heard about the volunteering and needing some type of permit also. I am just used to having constructive hobbies take up my time so have to find where that balance is.

Ya, the revenue. Lol. As long as it would atleast be somewhat relative to afford food and shelter, that's fine. Right now, I am one of the only stainless steel railing manufacturers and installers on the West Coast and primarily work on hotels and high end residences. It is funny that ss railing is rare here, but more of a standard there. I may be able to swing a deal upon selling the biz to require that I be the supplier of standard sized posts purchased in bulk. Lots of ideas, but am I allowed to do it?

I am an A type personality that must stay productive and generating something of value. Maybe I just take up painting and give them away. Is that legal? 😄

While drinking beer all day does sound good on paper, I just can't do it everyday. Haha

@Mike ******

no, I am just outside of Portland Oregon. There appears to be a Consulate in Portland.

@Kool ******

thank you. I do have some things that would be worth it, just need to know the tax rates.

I will be back in a couple months and will have a sit down with Siam Legal with a well prepared list of questions.