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thai property ownership
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This page displays all the results for the Thai Property Ownership tag, sorted by the most recent activity. There are a total of 10 questions that have been tagged with Thai Property Ownership. Explore the questions to find discussions and information relevant to this topic.
How is it possible to use home ownership to qualify for LTR visa when farangs cannot directly own land in Thailand? I am interested in pursuing an LTR visa, wealthy pensioner category, under terms which allow for $40k+ in passive income and $250k+ in Thai property investment. I wish to try to qualify by spending $250k+ on a freestanding house (not condo) to use as my primary residence (not for rental). The issue is how to purchase in my name in a way that qualifies for the LTR visa but still complies with laws against foreigners owning land. Do I need to find a leasehold property? How could it work for a freehold property? If I create a business to own the property, must I be a minority business owner (49% max)? If so, would I then have to spend $505k+ in the house to make my share worth $250k?
I am married to my Thai wife. I understand if my Thai wife buys our condo and she dies then 50% comes to me and 50% goes to her children. What happens if I buy and die first
Divorced UK guy to a Thai Lady. Married Thailand. Divorced UK. Have one child 13yrs old. Born Thailand so has both Thai and UK passports. Boy lives with me solely through UK Court Order. Question - With having a Thai Citizen Child, can I buy property there and live there with no Visa Issues ?
Update: We met with our lawyer. Wills for both my wife and I. My wife will have a trust and I (trustee) shall have the right to sell or stay the rest of my life if my wife passes. Our Thai heir (my wife's wonderful cousin) will get the house when we both pass. A document and video will be made omitting all other family rights to the property. Usufruct agreement will be done at the Land Office. --- Many thanks to everyone who shared their knowledge and experience. You helped me come into the meeting with solid notes and questions.
My wife (Thai) and I (American) are buying a house in Bangkok. Apparently, an annotation on the back of the deed will allow me to reside in the house and own the financial investment if my wife precedes me in death.
Anyone done this?
We are meeting with a lawyer soon to sort out the details, as well as have a will made.
Hi , I have a Thai girlfriend we have lived together for 10 years in the UK. She wants to go home next Xmas 2022. I would love to go back with her she has her own property, Farms etc.
I am 59 years old and I would like to go for a renewable annual visa, is this easy to get. Also I gather I have to have money in a Thai bank account is this easy to set up and if so do I need to be in Thailand to open up the bank account
Hello all. Serious question - what's the benefit of the Marriage Visa vs the Retirement Visa?
I'll be retiring soon (6 months - a year). My Thai wife and I have been married for 30 years but the last 10 years she's lived in Thailand (as she's gotten older, she can't live with the cold weather in NYC) and I've lived in NYC (need to work). We have 4 grown children (Thai and U.S. citizens, living/working in U.S.; btw, my wife is also Thai and U.S. citizen). I've been through the Imm-O and Wife Visa before but that was 10 years ago and I don't really recall all the steps that we went through.
Anyway, I'm looking for a step-by-step procedure and documentation requirements for either a Retirement Visa or Wife Visa (whichever is better)...
1. I'm currently living in NYC; my wife is living in Thailand. The children are all working in the States and have no desire to move back to Thailand (hopefully, they'll visit their empty-nesters).
2. My monthly Social Security will easily cover the income requirement; my IRAs and, if needed further, cash-in-bank will easily cover the capital requirement.
3. We (she) own a 2BR house in Tungsong, Nakhonsrithammarat. She (we) has a large family there - I (and the 4 children) have lived there before for about 8 years. Great caring, helpful, loving family.
So, I'm looking for a fairly smooth procedure, without a lot of in-out travelling.
Chiang rai immigration office advised that we can actually do it online for the TM 30 reporting, even though we are not hotel/guesthouse owners.
My wife (Thai house owner) actually done a registration on the website and I have made some screenshots, plus some labeling. Best to get a Thai (or if you can read Thai) do the registration as the "Fill-In" boxes are in Thai language.
An email with username + password will be sent to the registered email address about 2-3 working days, upon successful registration (we do not need to send any hard/soft copy of documents to the immigration office). First login, and you will be prompted to change to a new password. Once in the portal, you can click on the first subject on the left (as per the picture). As per the CNR office's advice, there will be no hardcopy receipt of a successful reporting. Users are encouraged to screenshot the successful reporting online and keep as proof of reporting.
Note: I have not done the acutal online reporting yet as I have done mine physically at the office when I entered the country. Will post the outcome next week when I can do a "live" run of the reporting.