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The Foreign Business Act was a law enacted by the Chuan Leekpai-controlled National Legislative Assembly of Thailand in 1999 that limited foreign ownership of certain Thai industries. Its predecessor was the Alien Business Act of 1972, enacted by a military junta.
A reduction in foreign ownership limit may reduce foreign investment, but it can help boost revenue for domestic firms and economic development. [21] Government Regulation No. 14 of 2018 limited foreign ownership in insurance companies to 80%. However, this rule is not applied retroactively for insurance companies with foreign ownership higher ...
Land law is dealt with by the Land Code. This was established by Act Promulgating the Land Code, B.E. 2497 (1954). [18] Land in Thailand is covered by a system consisting of several title deeds offering different rights of use, possession, ownership or alienation. Most titles are issued by the Land Department and fall within seven main categories.
Malta. Another archipelago, Malta is a prime pick for expat property investment. Their Individual Investor Programme (IIP) might be the ideal choice and requires a real estate investment of at ...
This is a list of countries, territories and regions by home ownership rate, which is the ratio of owner-occupied units to total residential units in a specified area, based on available data. [ 1 ] No.
Where foreign land ownership factors most in Iowa is in wind and solar energy production, rather than crop and livestock production. In 2021, renewable energy companies held about 90% of the state ...
"This foreign ownership includes various land types such as timber, cropland and pasture," the report reads. From 2012 to 2017, foreign investors were purchasing U.S. farmland at a rate of about ...
Yet Thai authorities claim there is still no sufficient evidence of a property bubble forming in Thailand. Since the Condominium Act of 1979 revised in 2008, it is possible for foreign investors to own a property in a condominium. It greatly boosted foreign investment and stimulated Thailand's real estate market.