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No, the only exception to this is where the foreigner is an executive of a Thailand Board of Investment approved company.
A 30 year renewable lease on the land is the most common method used.
No there was a misunderstanding with an incorrect notice appearing on the notice board at the Patong Palace condominium. The notice stated that foreign owners were required to have a work permit in order to rent out their units. The Phuket labour department have since confirmed that they will not be investigating foreign owners for renting out their condominiums. Providing that the owner does not provide labour then a work permit is not required.
We run a completely different business model to many of our competitors. Our website development costs have been reduced by splitting the costs over different portal listing sites that are based on the same underlying technology. Our organisation is very lean and we intend to keep it that way. We are therefore able to pass on these benefits to by offering free property listings for all.
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