falang07

Then why does the Land Office require signing this paper?

Thank you for the answer. But would not the house be excluded from 50% of the assets acquired during the relationship since you explicitly signed the paper that the house was bought using the wife's money only?

Hello,

My question relates to the often mentioned "fact" (even the thaivisa lawyers have recently replied in this sense) that a foreign husband gets half of the house just he has to sell it within one year. But how could this be possible when at the time the house is bought at the land office he has to sign a paper stating that the house is not bought using his own money, otherwise the wife could not buy in her name either? I really doubt he would be entitled to 50% when divorced since this paper basically means that he is officially confirming (I would call it an officially endorsed lie, possible in Thailand only?) that it is not his property and is bought exclusively using his wife's money. Please advise if I am wrong.

As for Islamic Bank, I went for the 3 month tax-free at 2.5%.

I can not login to SCB at the moment, it says Sorry, you cannot login to SCB Easy Net. Anyone else?

EDIT: I can login now already.

It is way overpriced so you better have a real good business plan that can guarantee you get the money back in a reasonable time.

One of the pitfalls might be that you get 3.25% p.a. but it is not sure if the baht will not go lower by 20% or more. Otherwise, nothing special considering the long maturity.

Not an issue if your base currency is THB.

I would not say so. If you exchange to something else now and in 3 years time the Baht would be 20% lower, you win, otherwise you still lose (since all would be about 20% more expensive because of the devaluation of THB, and regardless of the fact that your base currency is THB you will loose in real terms.

 

Thailand will be signing on to FATCA.Im hearing all Asian countries will sign on.Best country maybe China.The last I had heard Hong Kong signing on also.

a German citizen living in Thailand doesn't care about FATCA.

 

but this can change anytime in the (I would say not so far) future...

One of the pitfalls might be that you get 3.25% p.a. but it is not sure if the baht will not go lower by 20% or more. Otherwise, nothing special considering the long maturity.

There are several different kinds if tinted film and some that have very little tint but are designed to cut UV light

The cheaper films quote light cut the more expensive quote UV cut but both just give a percentage

A 40% cheep film will probably be dangerously dark on the windscreen a 40% UV cut will seem to be almost clear.

We have a UV cut on 90% of the windscreen with a darker strip at the top, my eyes are rather sensitive so night driving was painful, with that combination I can sit high enough for the darker strip to reduce the glare from distant vehicles without reducing vision of near objects. Also once we got this combination I almost never need sunglasses when driving.

this is just marketing bullshit, glass absorbs UV itself so there is no need to put film for the UV, we just need to block the visible and infrared portion

EDIT: even infrared is absorbed in glass so we just need any dark film...

since all that was stolen were encrypted passwords, it means security was not compromised (unless someone can decrypt those passwords, which is highly improbable)

Just remember that switching to high interest rate currencies, there is always the risk of loosing on the exchange rate later on when you will need to convert it back.

I buy huge pineapples, I estimate several kilos a piece, at 25 baht in Macro, so I doubt you can whole-sell at 20 baht a kilo

so is your money safe in the bank? Well, as to the face value, they are as to the real value, absolutely not!

And the state guarantee is as useless as the fractional reserve banks safety since the moment any particular currency would face such a problem that would require the state guarantees applied, the value of that currency would plummet dramatically which would effectively mean huge losses for everyone. So even if the state would bring you back the full insured amount of 1,000,000 Baht (or whatever currency that would face the catastrophic scenario), its real value would be much, much lower than it used to be and the inflation would skyrocket immediately.

actually, a foreign owned condo can be sold for a higher price, sometimes quite higher... but then the buying price is often higher, too

whatever, until they get my phone with the security SMS, any security flaw is useless

I have see many on DDproperty.com

and there is a 3-month taxfree account for 2.5% in the Islamic Bank

as far as I can see, AUDUSD moved by approximately the same amount

Do you really think someone is going to confiscate anything? the most I would fear would be a court ruling forcing the owner to sell the property within a year.

In case it is illegal to the letter of the law to make a company with the sole purpose of owning land, what if the company is not with the sole purpose of owning land, but will also make some business activity?

Going to Hua Hin for Songkran is a masochist decision

Just do not forget that in Thailand are readily available not just the GPS trackers, but also the jammers that jam the GSM signal used to communicate with these trackers so in case you want to prevent theft, this might not work as intended in case the thief uses a jammer (you can buy them even in Tukcom Pattaya).

and 2.15% for 4 months