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...pass. Or they can set up legal structures in which a local person or company owns the land but usage rights are held by the foreigner. Although tens of thousands of expatriates have negotiated such deals, they can be at a disadvantage should a dispute occur with the local owner. And in Thailand, government officials over the past two years have hinted that they may begin scrutinizing the legality of shell companies set up by foreigners...

Author: /time Magazine | Title: A Tale of Two Islands | 10/16/2008 | See Source »

...Down to Earth For me, my current concerns are less global and more spiritual. The former owner of our land, a rice farmer, feels guilty because he failed to erect an on-site shrine to a local goddess. He thinks we should build it to ease his soul and promote village harmony. After all, locals have heard the spirits on our land wailing when they use a nearby water source. Then, in an offhand remark, our shaman tells us about a Frenchman who had built a villa nearby. Wija was called in to bless the land and chat with...

Author: /time Magazine | Title: A Tale of Two Islands | 10/16/2008 | See Source »

...managerial nerve center of the Chinese region often called the world's factory, is a wealthy city. But even here, the global credit squeeze is making it tougher for businesses to borrow money to cover their short-term needs. "Right now, we're facing trouble," says Tommy Lam, owner of a garment factory in Dongguan, a Chinese manufacturing hub near Hong Kong. "We're not getting repeat orders we're supposed to get. [And] banks are warning us they may cut our credit in the future...

Author: /time Magazine | Title: Now the Real Pain Begins | 10/16/2008 | See Source »

...long as that voice’s owner is just another stranger, judging mercilessly might seem like fair game. But before jumping to conclusions about the unedited dialogue going on next door, consider the individual standing just a few feet away. Instead of latching on to moments of vulnerability—the ones where she sounds stupid or desperate or embarrassed—realize that the urge to tear her down comes from our own insecurities. Ultimately, no matter whose side of the fire door you’re on, we’re all just people—with...

Author: By Molly M. Strauss | Title: Behind Closed Doors | 10/14/2008 | See Source »

Jonathan Corbett, owner of Project Manhattan, where he trains aspiring New York City pickup artists, agrees: "Her friends will never find out that she's 'misbehaved,' so she can ignore the voice in her head that usually tells her, 'Don't sleep with random guys...

Author: /time Magazine | Title: Can't Find Love at Home? Travel | 10/14/2008 | See Source »

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