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property rental
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Hello, I got a few questions, and hope kind soul can assist:
1. The DTV dont allows people to have a Thai Bank account. So how do you guys pay rent year by year (assume you plan to stay 5 year). I couldn't possible hold Cash and use Cash all the time right? I don't plan to search for banks to open one and end up getting the funds locked and account closed eventually
2. What type of international banking platforms do you guys use for banking with minimal costs and fees?
3. For property rentals, in my Home Country there are property agents from proper property companies to assist in signing tenant contract agreement, but I am not sure in Thailand. There are home owners trying to market their own property, or even middle man who are not licensed property agent, can we trust them?
Property agent is requesting the 2 months deposit and 1 month in advance rent payment (3 months total) all on the day of signing the lease 1 month before move in date.
I am not questioning the 2 + 1 practice. My question is about timing of the payments.
Is all 3 months typically paid on lease signing or typically 1 month on lease signing and the 2 months deposit paid on handover / move in date?
I’m sure we all dream of having our own 3+ bedroom villa, private pool, easy access to local bars/ shops/ restaurants all only a short walk away under pine tree lit roads with the soft golden sands and warm sea equally a short distance away and everything within walking distance
The reality is usually very much different
This got me wondering, I’ve seen stories of Expats who’ve purchased a dilapidated old run down farm that’s been empty for 40+ years in France
They’ve then spent month and months and countless tens of thousands renovating the place, from what was a potential nightmare ends up being a paradise usually reserved for dreams
This has got me thinking, in Thailand, are there old rundown old places available for rent where the usual restrictions are perhaps not so tight where the renter, with the permission of the landlord can in effect renovation a property, ok, I’m already hearing oh yes, the landlord would love that, you renovate, they kick you out after a year or two and enjoy your hard work
But it happens and indeed works in France and other European countries hence I was wondering if something similar happens in Thailand where BOTH parties benefit?
Looking for some guidance for my upcoming trip in January please 🙏
I am going to be leasing land or property when I return to the kingdom, either through a Thai person I know or leaseholder. It is my understanding that I am able to do this under a tourist visa? Does anyone have experience with what visa is needed?
I'm struggling to find the exact information that allows this as it's a long expensive flight trip back home to Canada if I am not prepared beforehand. Any advice or insights for this visa situation are welcome, kindly please share 😊 Thank you in advance!!