falang07

So we can agree that if one is 60+ years old, shorts might look strange but otherwise are perfectly fashionable.

I wear shorts all the time, and jeans only when going to the airport and fly home (only in Winter). I would be crazy to wear jeans in 35+ degrees.

So one can borrow money against a house title deed in farang name? Since when can a farang have his name on the deed? I doubt anyone would lend money against a usufruct so am I missing something?

And I am sure baht will go lower, it is inevitable.

Scanning the frequency is not enough to open a car, you must know the code. It means it is much easier to just jam a wider spectrum (which is generally known, these frequencies are allocated directly for this purpose) to prevent it being locked in the first place.

I would go on with option 2 and send dividends first to a personal account in Singapore, and keep it in there till the next year so that it could be sent to Thailand tax-free (no tax applies if funds are remitted to Thailand in the year following the year they were earned)

Unless you use a visa agent, of course

OK, so these resorts were worn out already judging by the looks of it so now the army disassembles them for free so they can renew them later on, good work!

also, I wonder where the toilet pipes ended in these resorts built directly in the sea

So a young cow is around 20 thousand baht?

OK, http://www.mfa.go.th/main/en/services/123/15388-Non-Immigrant-Visa-%22B%22-%28for-Business-and.html

If investing not less than 10 million Baht, he or she will be granted a 2 year permit.

Same as you can buy a car, motorcycle or anything else (except for the land, for which no type of visa will help you anyway :-)).

And of course you can buy condo on tourist visa without absolutely any problem.

The 10 million baht investment visa was discontinued, no such thing exists any more.

Not that dangerous if you sit in a car and take pictures from an open window

OK, so to sum it up, if I do not plan selling the house in the future (which I do not, even though still not a big issue), it should be pretty safe and easy if bought in a company name.

How big? Seems quite small from outside.

Also, I can not help it but why in the hell is a blurred background considered a high quality professional photography? Is this some new standard to save the memory for those pixels by blurring them out? Strange, if you ask me

I hope you have a work permit, too, since we are not supposed to do anything else in here than spend the money earned abroad and taking professional pictures is a work you take from the Thais who have it reserved just for themselves

I went once, and the bus went only till the border. After about 2 hours waiting in there, a minivan finally came but on the way to Pattaya it was picking up new Thai passengers all along the way so it took quite long. I can not recommend this, but it was almost 2 years ago.

And is this safe? I would say some safety protocols were bypassed...

I suppose the Thai shareholders will have to pay tax on the profit gained from selling of their shares.

Thanks for the insights, seems like the Thai company way is the way to go for me, too. I would use real shareholders and 49% of preferential shares. Anything goes wrong (yes, I trust the wife today (well, for 100% I trust only myself, and even that only sometimes subject to alcohol level in the blood, etc. :-), but what if she dies before me? I do trust her family less than 50%, unfortunately...), it can be sold and I would still get at least 49% (I suppose that a secret agreement can be arranged than I would get the full amount, too). So it is much better than nothing if bought in the wife's name.

Well, buying in her name with me being the guarantor does not make any sense. First of all, I do not want to pay a double price for the house (that is what comes out of a mortgage over several decades). Secondly, if I would serve as the guarantor, I would be liable to pay even if things go wrong so it does not provide me any protection at all.

Anyway, if I setup my company, isn't it "up to me" if I give shares to anyone I want? What is supposed to be illegal with this approach? I could even donate my shares to anyone, e.g. some good Thai monks. I think this would hold in any international court.

As we already know, the only way to buy a house with land is in a Thai company name which requires a few (2 or 3?) Thai nominees (which is supposed to be illegal but I do not get it how on Earth could this be done without them, in some legal way, if the wife gets 12,000 THB per month and the house costs a few millions).

So my 1st question is simple. In case the law says nominees are illegal, what is the legal way? And my 2nd question: in case the government "finds out (I am not sure if one can find out something that is a generally well known fact)" about these "illegal" nominees, what can they do about it? My guess is a small fine? Thanks for any insight into this issue.

How can the squatters prove they stay there for more than 10 years, in case they want the claim the ownership?