@Simon ******

I report to Thai immigration every 90 days via a website on my phone in the comfort of my home. Lol. It takes 2 minutes. Such hardship. I don't need to have bars on my windows in Thailand like you do in the Philippines.

@David *****

so go to the store and find out if you can get a refund for an item that can be replaced.

@David *****

that's very surprising to hear. I've been using Lazada for years without any problems. On a couple of occasions that I've had to return something that's faulty, no questions asked, refunded in a few days. Lazada as a policy will take the side of the customer and not the third party vendor if there is a dispute. The last time I returned quite a pricey item Lazada said as you have been a long-term customer we're not even going to bother to examine the goods first, we will refund you immediately. I can't fault them.

@Nigel *******

before the Thai becomes a director and shareholder of the company you will have already prepared the company shares to be issued in terms of A and B shares or preference and ordinary shares which would give him minority voting rights.

@Nigel *******

but why would the Thai make a problem. He would have signed up to be a nominee because you are prepared to pay him a monthly salary. He's not going to do it for free. So to be a nominee he's getting money for nothing. That's the deal. You find a Thai and say I need you to be a majority shareholder of our company. Sign these papers which will make you a director and I'll give you money every month. The Thai shareholder won't play any active part in the running of the company.

@Nigel *******

the idea is that if the Thai shareholder decided he didn't want to renew the 30-year leases, the foreign company shareholder would vote against that because the foreign owners obviously wouldn't agree not to renew their own leases.

@Nigel *******

however as I said in a previous comment it is perfectly legal for an offshore company to be a shareholder of a Thai company which counts as one foreign juristic entity no matter how many foreign shareholders there are of the offshore company. You can structure it so that the voting rights of the foreign company are greater than the voting rights of the Thai shareholder therefore out voting the Thai shareholder at board level. I've been involved in such structures with gated communities.

@Nigel *******

that is essentially correct.

@Nigel *******

obviously it is the Thai who is the majority shareholder.

@Todd ********

the wise ones would have been compensated by getting substantial rental income from the property over the years since most owners I know don't live here full time. The rental market has had its good times and bad times.