Surat Thani Provincial Land Office
Location: Taling Ngam (4169, Tambon Taling Ngam, Amphoe Ko Samui, Chang Wat Surat Thani 84140, Thailand )
Phone: 077 423 253
Always open
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HS
1
24 Nov 2022
There is a YouTuber (retired 50+ German with a Retirement Visa) who resides on Koh Samui and encouraged foreigners via YouTube and other Social Media Websites to buy officially (legal) land throughout Thailand through a registered Thai LTD. As almost everybody knows, a foreigner can only own 49% of the LTD company shares and the remaining balance of 51% must be held by Thai Nationals. Accordingly, a prospective foreign investor does not own the property purchased in the name of a LTD
Thus, the German now implements in public that a land purchase is still possible (legal) if the investor is able to obtain shares of another LTD partner through an internal agreement to reach full control of the registered company and obtain the majority of company shares to retain ownership of the property purchased. This is highly illegal and beyond any local rules and regulations.
The name of the person is:
Mr. Florenz Kittel
https://www.mykohsamuithailand.com
https://youtu.be/i1b01b49R-U
if you need additional information please contact me.
Regards, HS
Thus, the German now implements in public that a land purchase is still possible (legal) if the investor is able to obtain shares of another LTD partner through an internal agreement to reach full control of the registered company and obtain the majority of company shares to retain ownership of the property purchased. This is highly illegal and beyond any local rules and regulations.
The name of the person is:
Mr. Florenz Kittel
https://www.mykohsamuithailand.com
https://youtu.be/i1b01b49R-U
if you need additional information please contact me.
Regards, HS
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