Farang Land Owners To Be Deported From Thailand

**Cruiser** · 03-07-2011, 01:00 AM

I had this raised back in 2008

**Cruiser** · 03-07-2011, 01:25 AM

I had this raised back in 2008 just prior to getting my plot of Villa land and began constructing with an Aussie-pooled Wellness targeted Villa aimed at long-term Renters and this is a safe option despite what is now causing some other "illegal" owners with their scheming maneuvers to land ownership and worst of all, avoiding local taxes. Never avoid paying taxes, its what that builds an economy and they will catch up with you someday... unless its in a country run by that "bad-mouth" Chavez...

In Thailand, they are just asking for it.

Our Villa village is OK and not a sand or dirt to worry about esp. with my Villa sighted just 80meters from the Royal family's domain perimeters.

**FailSafe** · 03-07-2011, 05:44 AM

I'm sure glad I didn't listen to all this 'free advice' (from guys who never owned a square meter of land or made any real money in Thailand) dispensed by all the bar-stool experts back in the nineties.

People who have managed to do well over here (like Loy Toy) might actually know what they're talking about...

**Aussie Tigger** · 03-07-2011, 07:48 AM

Scare tactics work if you have bent the rules.I cant condone exploitation by farangs as it is not our country and we should play by their rules.
However I do shake my head when they start talking about confiscating or fining those who have bought a normal residence in their wifes name because the wife was not the one providing the funds.
It would be interesting to know how many fall into that category.
Regardless of what transpires I stick to my orginal belief that money spent in such manner needs to be disposable income as the rules are easily changed as we know.

FarangRed · 03-07-2011, 08:06 AM

90% of beach front land is owned by farang, I'd like to see where he gets that statistic from. I lived here for 10 years and I don't know one farang who owns beach front land.
Certainly not around this area and if they did it's to expensive at least 20 million a rai.

**ceburat** · 03-07-2011, 08:16 AM

[quote=Aussie Tigger;1802502]Scare tactics work if you have bent the rules.I cant condone exploitation by farangs as it is not our country and we should play by their rules.
However I do shake my head when they start talking about confiscating or fining those who have bought a normal residence in their wifes name because the wife was not the one providing the funds.
It would be interesting to know how many fall into that category.
Regardless of what transpires I stick to my orginal belief that money spent in such manner needs to be disposable income as the rules are easily changed as we know.[/quote

A normal residence in the wifes name is safe, I believe, because the property is in the name of a Thai and will continue to be so after the falang passes on. So far I don't know of anyone who has ever lost their home this way. Also it is not legal for the falang to own land so if you are married, whoses name you going to put the house and land in? - Your wife of course.

As for those who do things illegally - I hope they catch you, break you, and thrown your ass out of the country - you are the kind that mess up a good thing for all people.

FarangRed · 03-07-2011, 08:35 AM

It wont be long before the fuking tuk tuk's can park where they want

**Tom Sawyer** · 03-07-2011, 11:17 AM

Originally Posted by FailSafe

I'm sure glad I didn't listen to all this 'free advice' (from guys who never owned a square meter of land or made any real money in Thailand) dispensed by all the bar-stool experts back in the nineties.

People who have managed to do well over here (like Loy Toy) might actually know what they're talking about...

I do very well - and have owned property in two Western countries (with real rule-of-law). Not here - and no plans to do so.

Funny - guys like you were probably peddling new home sales in Vegas a few years ago.

**terry57** · 03-07-2011, 12:31 PM

[quote=baldrick;1802041]

Zimbabwe style , followed soon by south africa and thailand

Many South Africans are dancing on egg shells and trying to get the fok out off there as the revolution will surely come.

For every 1 white there's 6 blacks. Fok that bro.

**FailSafe** · 03-07-2011, 12:34 PM

Originally Posted by Tom Sawyer

Originally Posted by FailSafe

I'm sure glad I didn't listen to all this 'free advice' (from guys who never owned a square meter of land or made any real money in Thailand) dispensed by all the bar-stool experts back in the nineties.

People who have managed to do well over here (like Loy Toy) might actually know what they're talking about...

I do very well - and have owned property in two Western countries (with real rule-of-law). Not here - and no plans to do so.

Funny - guys like you were probably peddling new home sales in Vegas a few years ago.

Wow- two countries? Really? That's super.

Actually, guys like me have been doing very well in Thailand for a long time (mostly by not listening to 'armchair experts' like you)- guys like you talk about things in which they have no practical experience- but don't let that stop you from talking, Tom- maybe the noobs will be impressed.

**Wally Dorian Raffles** · 03-07-2011, 12:38 PM

what was all that about democracy?

**terry57** · 03-07-2011, 01:10 PM

Originally Posted by ceburat

A normal residence in the wife's name is safe, I believe, because the property is in the name of a Thai and will continue to be so after the falang passes on.

So far I don't know of anyone who has ever lost their home this way.

Holly shit Bro, I nearly choked on my " Kao Moo Dang "" reading that one.

I hate to differ but That would have to be one of the most common ways a loved up falang has lost his money.

Silly falang places his faith in his Terak buys the friggin house in her name because they are in love and he trusts her to never kick him out

but unfortunately the next thing he knows he's kicked to the curb.

Lets be sensible about this and just tell it like it is bro, that being nothing is safe in Thailand as everything relies on the honesty of the Thai.

No fuck that bro I'll place all my trust in myself thanks very much and keep control off my financial future.

As far as farang's doing dodgy back door deals to control land or business who gives a flying fok what happens to them.

Live by the sword and die by the sword.

**Tom Sawyer** · 03-07-2011, 01:18 PM

^
Wot he said.

**terry57** · 03-07-2011, 01:24 PM

Originally Posted by Sailing into trouble

See..... This is scary.

How about Mrs buying land and then leasing back to me for 30 years? Co-own house?
How safe is that?

That's extremely safe -------------

Until your relationship goes tits up.

There's only one safe way around this issue and that is be prepared to right off your investment if things go south.

If you can afford to do that then go for your life mate but if you lose it all please don't start a new thread about it as these stories are a dime a dozen.

Thanks for that and good luck mate. Cheers.

**crippen** · 03-07-2011, 01:37 PM

I repeat my Mantra :- If Farangs were allowed to own land,MOST OF US HERE COULD NOT AFFORD TO BUY IT! Every Arab,Jew and Chinese would be buying and the Price would be out of our reach.

**Loy Toy** · 03-07-2011, 01:39 PM

[QUOTE=terry57;1802793]

Originally Posted by Sailing into trouble

See..... This is scary.

How about Mrs buying land and then leasing back to me for 30 years? Co-own house?
How safe is that?

Actually that method is fool-proof and even if the relationship broke down the lessee still retains full legal right to live in the house for the full term of the lease contract and take up the option on the second 30 years if so desired.

That is why, and as I suggested before a proper lease agreement has to be prepared with an attached will and testament in the event anything happens to the lessor during the term of the lease agreement.

The lease has to be prepared in triplicate, in both Thai and English with one copy registered at the relevant land office and attached to the land title deed (Chanoite).

**harrybarracuda** · 03-07-2011, 01:41 PM

Originally Posted by terry57

Originally Posted by ceburat

A normal residence in the wife's name is safe, I believe, because the property is in the name of a Thai and will continue to be so after the falang passes on.

So far I don't know of anyone who has ever lost their home this way.

Holly shit Bro, I nearly choked on my " Kao Moo Dang "" reading that one.

I hate to differ but That would have to be one of the most common ways a loved up falang has lost his money.

Silly falang places his faith in his Terak buys the friggin house in her name because they are in love and he trusts her to never kick him out

but unfortunately the next thing he knows he's kicked to the curb.

Lets be sensible about this and just tell it like it is bro, that being nothing is safe in Thailand as everything relies on the honesty of the Thai.

No fuck that bro I'll place all my trust in myself thanks very much and keep control off my financial future.

As far as farang's doing dodgy back door deals to control land or business who gives a flying fok what happens to them.

Live by the sword and die by the sword.

I suppose Terry57 has never heard of anyone getting bumped off for what is in the Thai wife's name then?

I personally know one who was killed, and another who was lucky to survive. And I don't even live in Thailand.

Anyone dumb enough to buy a house or business in their Thai BG's wife's name better look over their shoulder.

And yes, I'm sure there are exceptions, before those in loving relationships decide to jump down my throat. <yawn - cue violins>

I even know one bloke who has just built his teerak and her parents a lovely little country house EACH. Her other farang b/f stays in it when he's not there.

**FailSafe** · 03-07-2011, 01:41 PM

^^

A man who knows what he's talking about because he's 'been there, done that'.

**Tom Sawyer** · 03-07-2011, 01:43 PM

I've never understood why anyone (other than leasing from your spouse) would agree to the leasehold "purchases" that are alternatively offered farangs in resort areas (and Bangkok).

Effectively they are paying "rent" - but they're paying it all at once and all up front.

If you really insist on ownership, then buy a condo. They are overpriced, but perhaps not so bad if you've cashed in on over-inflated Western markets (ebfore the crash in some places). That way you get the freehold.

Why people insist on trying to skirt around the property laws of Thailand when there is so much to lose (for most people) if they change the retirement income visa requirements or other rules is beyond me. Just rent. It's cheaper and you have much more flexibility

The price-to-rent ratio here is a clear indicator of why renting is better. In Bangkok (and places like Phuket), a three bedroom condo will cost you around 12-14 million baht, a 'decent' house and land (that you will never "own") is around 30 million. So 500,000 - 1,000,000 USD.

If 70,000 USD is the average western income (I'm being generous I know) that's between 7 and 14 times earnings. Most people shouldn't be buying anything more than 4 times earnings - and a bank would not likely lend you money on anything more than that anyway.

To rent a similar place it would be around 60,000 - 120,000 THB (2,000 - 4,000 per month), but you can easily get something big (but maybe not really modern) in a good location for far less (like 30,000 - 60,000).

In other words you could rent for 20 years - and invested your money in property or anything else back in your own country to finance your lifestyle.

**VocalNeal** · 03-07-2011, 01:46 PM

A normal residence in the wifes name is safe, I believe, because the property is in the name of a Thai and will continue to be so after the falang passes on. So far I don't know of anyone who has ever lost their home this way. Also it is not legal for the falang to own land so if you are married, whoses name you going to put the house and land in? - Your wife of course.

Until she dies. Then her family kicks you out. Oh and be prepared to walk if the car is in her name.

Maybe someone with better literary skills than me can add to the adage:

If it floats, fcuks or flies, rent it.

**dirtydog** · 03-07-2011, 01:47 PM

Originally Posted by Loy Toy

The lease has to be prepared in triplicate, in both Thai and English

Originally Posted by FailSafe

A man who knows what he's talking about because he's 'been there, done that'.

Not quite, the lease can be in Thai or English, only one will be accepted in a court of law, that will be the Thai one unless it states on both that English is the governing language.

**Tom Sawyer** · 03-07-2011, 01:48 PM

Originally Posted by FailSafe

A man who knows what he's talking about because he's 'been there, done that'.

Man are you hostile to anyone who uses reason rather than emotion in discussing real estate. Are you an estate agent or something?

**terry57** · 03-07-2011, 01:48 PM

Originally Posted by Tom Sawyer

called a "usufruct" - there's a german guy here (or maybe on thaivisa) that talks a lot about it. Basically means that she owns the land and youa re entitled to full use without eviction or harrassment of your life and enjoyment on the land til you die. That seems to be the best bet.

But hey - if you break up the last place you're gonna wanna be is there. Believe me. R-E-N-T.. keep you money back in Canada or wherever you said you were from. Best (unbiased) advice I think you'll find.

After all my years of back and forthing between Aussy and Thailand I will be renting a nice gaff in Thailand and keeping all my money safely in my Super fund.

The failure rate in relationships is the same as in our own countries, " there's no fool like an old fool " the saying goes and has been proven countless times.

An " usufruct " is as safe as a shithouse with a broken water supply pipe meaning its worth fok all if there's no water in it.

All it takes for many retirees to end up broken is to be ripped off buying houses in a Thais name.

Foking nuts bro and only to be done if one has a nice wedge of money to gamble with.

Fuk that, I'd feel safer placing all my money on red at the casino, this way I got a 50-50 chance of winning.

**Loy Toy** · 03-07-2011, 01:49 PM

Originally Posted by Tom Sawyer

Effectively they are paying "rent" - but they're paying it all at once and all up front.

I paid 3,000.00 Baht up front and when my wife put my name on the chanoit as the lessee plus 5,000 Baht legal fees.

Foking cheap as chips I reckon covering 30 years rent for the family home.

**nigelandjan** · 03-07-2011, 01:51 PM

Originally Posted by terry57

ee..... This is scary. How about Mrs buying land and then leasing back to me for 30 years? Co-own house? How safe is that? That's extremely safe

Not really safe at all ,,infact if what is proposed IS passed then surely a lot of the wives would loose it all anyway being unable to substanciate where she obtained the money from to begin with ie . husband ,,,,,,,,,, but pretending it was,nt his money .

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