Foreign guy & Thai gal got married in Thailand bought a Thai condo paid by the guy & have both names on property deed. If divorce does thai law needs the condo to split to2 of them? What about the foreigner wealth? have to give the thai 50% ?
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TLDR : Answer Summary
In Thailand, property acquired during marriage is generally subject to a 50/50 split, regardless of whether it is owned by a foreigner or a Thai national. This includes condos purchased during the marriage. However, assets owned prior to the marriage typically remain with the individual that owned them, unless there are prenups or specific agreements stating otherwise. Thai law often favors the Thai spouse in property divisions during divorce proceedings.
Yikes. This is why I get prenups. It’s not like I’m expecting a divorce. It’s like getting an insurance.
James *******
I read advice from a guy once who said you put the deed and mortgage in the wife's name, then just make the payments. This highly discourages her from wrecking the marriage as she would be stuck with the house payments. 😉
Edgar ************
The guy gets a donkey cart and the woman gets the condo the car and the gold
Everything that has been acquired during the marriage is 50% split. Fortune, wealth, property etc owned by one party before the marriage remains as that persons wealth and should not be split
. Yes. But Thai marriages have a built in prenup when registered. An independently created prenup can be used instead but the details are added to registration. Your answer is exactly what the standard prenup declares as a normal situation ,under thai law,, unless you wish to change it, and that's the time to do it.
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Steven ***************
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Steven ***************
There is a built in prenup (basic) in a Thai marriage registration. You both agree to financial terms pre and post marriage prior to legally signing.
*****
is the legal norm once married unless stated otherwise