Advise required to invest in Thailand as Singaporean Company

[trvl01]

I need professional help here... I am trying to invest in Thailand for Silver Resort business... I have been told that if Singaporean company invest in Thailand, the Singaporean company can own 100% of the Land... Is it right information?

Kindly advise... Thank You

[badspf]

i had asked a friend who is an expert in thailand market
hope he can help u advise on that...

[mecuryking]

On my his understanding, it would depend on the type of industry and/or on whether the property is in one of the approved industrial zones.

[jpatokal]

Basic rule of thumb is that only Thais can own Thai land. There are ways around this, usually involving companies with silent majority Thai shareholders, but this is risky. Get a second opinion if somebody tells you otherwise.