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The laws of Thailand are based ... Foreign ownership of certain Thai industries and foreign companies ... The main source of property law is the Civil and ...
[11]: 282 [12] In 2018, King Vajiralongkorn was granted full, personal ownership of royal assets thought to be worth at least $70bn to as much as $130bn. The Crown Property Bureau, which controlled the royal fortune on behalf of the monarchy, said it transferred ownership of the assets following a change in the law a year earlier. [13]
In 1901, King Rama V (also known as Chulalongkorn) introduced a system of modern land rights based on ownership which led to general confusion. [1] A 1936 law aimed to clarify matters and the 1954 Land Code regulated land ownership, stating the maximum amount one person could own was 50 rai (8.0 ha; 20 acres).
Pay attention to property ownership laws, residency programs, tax rules, and the overall lifestyle to make sure it's a good fit. Visit first : It’s no secret—people are way more likely to move ...
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.
In 2014, the Russian Duma passed a law reducing the foreign ownership ceiling for print publications and radio and television outlets from 50% to 20%; it was passed with a vote of 430-2. The legislation, which came into force in 2016, forbids foreign governments, organisations, companies, and individuals from founding or holding more than a 20% ...
Superficies in Thailand is a legal right that allows a person to own buildings or structures on land they do not own. This concept is rooted in Roman law and was later adopted into the Thai Civil and Commercial Code. The purpose of superficies is to promote land use and development without transferring land ownership.
Adverse possession in common law, and the related civil law concept of usucaption (also acquisitive prescription or prescriptive acquisition), are legal mechanisms under which a person who does not have legal title to a piece of property, usually real property, may acquire legal ownership based on continuous possession or occupation without the permission of its legal owner.