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Scandinavian market opens up
for Ocean’s Edge luxury condominium
Ocean’s Edge Company Limited is proud to announce an
agreement with ThaiEstate Scandinavia ApS for the marketing and sales of
Ocean’s Edge luxury beachfront condominiums in the Scandinavian countries.
 ThaiEstate
representatives (from left) Marianne, Peter and Lars visit the Ocean’s Edge
show apartment.
Based in Denmark, ThaiEstate has a strong team of dedicated professionals,
led by Mr. Lars Lang, operations director, Mr. Peter Skrøeder Jakobsen, an
experienced lawyer and Ms. Marianne Holm, a licensed real estate broker.
This unique setup guarantees that clients will be carried through the
process of buying Thailand real estate with confidence and security.
Through collaboration with companies such as PriceWaterhouseCoopers,
Europæiske Rejseforsikring A/S, The Danish bank Ringkøbing Bank AS, Profil
Rejser, Thai Airways, Thailand Longstay Company, PIRO Consulting and the
Danish real estate company Citymæglerne, ThaiEstate can offer services which
have never been seen on the Danish market before.
New immigration regulations come into force for businesses employing foreign workers
Martin Kyle
(Executive Director AustCham Thailand)
There has been an important change to the supporting documents required to
extend Non-Immigrant Visas Category ‘B’.
With effect from Friday, 4 May 07, Thai Immigration requires all
applications for the extension of a non-immigrant visas category ‘B’
(the visa which supports the retention of a Thai work permit) to be
supported by the following documentation:
1/ A photocopy of the employing company’s Affidavit and
Shareholders’ List certified as a true copy of the original by the Ministry
of Commerce.
2/ A photocopy of the employing company’s most recent Annual
Financial Statements certified as a true copy of the original by the auditor
who audited it.
3/ A photocopy of the employing company’s most recent Personal Income
Tax Return (PND1) with the Revenue Department’s receipt plus a photocopy of
the applicant’s most recent Annual Personal Income Tax Return (PND91) (if
they have one) certified as a true copy of the original by the Revenue
Department.
4/ A photocopy of the employing company’s most recent Social Security
Fund monthly return certified as a true copy of the original by the Social
Security Fund Office.
Photographic evidence is now required to support the Initial Application to
extend a Non-Immigrant Visa Category ‘B’.
With effect from Wednesday, 16 May 07, Thai Immigration requires the first
application to extend a non-immigrant visa category ‘B’ to be
supported by photographs of every employee in the employing company and each
photograph is to be taken showing the employee at their place of work (e.g.
sitting at their desk or working at their piece of machinery or sitting
behind the steering wheel of the company vehicle, etc.).
Sources have told us that if a company has many Thai employees then the
application should be supported by photographs of several of the employees
as long as the number exceeds the minimum requirement of four Thai employees
to match each foreign employee. However, the reason the photographs are
required is to enable an Immigration inspection team to match the
photographs against the actual employees and their workplace if they pay a
surprise visit.
The Immigration Bureau has warned that it is now a policy of theirs to
conduct surprise visits to newly registered companies that employ
expatriates who require work permits.
The aim of the inspections by the Thai Immigration Department would appear
to be to determine whether the information supplied by companies employing
expatriates is correct insofar as:
a) Capitalisation; b) Business activity and nature; c)
Location of business; d) Number of Thais employed as a ratio to
expatriates; and e) Existence of Thai employees.
We have been informed that all new companies registered that employ
expatriates may be subject to a visit by the Immigration Department. To
avoid breaching the legislation with respect to work permits and visas,
companies are advised to adhere as a minimum to the following:
a) Fully paid up registered share capital. Baht 2 million per work
permit for non-BOI companies; b) Employ FOUR (4) Thais to every
expatriate and those Thais must be current employees of the company, be paid
a salary and have written contracts to support their employment for non-BOI
companies; c) Business operated by the company should comply to the
objects in the Articles of Association; and, d) The place of business
should have the appearance of a proper place of business even if it is
operated from an expatriate’s place of residence.
The Immigration Bureau has also issued a warning to applicants, employing
companies and appointed representatives of applicants for extension of
non-immigrant visas.
If it is found that the information provided in supporting documentary
evidence is not correct then the applicant’s visa will be cancelled and they
will have to leave Thailand. As well, the principals of the employing
company and the agency handling the application (if one is used) will be
reported to the police for further action.
We recommend that if you have any questions with regard to these new
regulations that you consult a professional company specialising in
immigration procedures.
We would like to thank Barry Petersen of Lang Suan House Co., Ltd. (tel. 02
652 2757) for contributing the above information on the new regulations.
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