I AM A UK CITIZEN MARRIED TO THAI WIFE. I UNDERSTAND THAT I CANNOT BUY A HOUSE BECAUSE IT COMES WITH LAND. HOWEVER, IF I BUY THE HOUSE IN MY WIFES NAME, CAN SHE THEN LEASE THE PROPERTY TO ME FOR 100 YEARS AT SAY ONE BAHT, SO EFFECTIVELY I HAVE A LEASEHOLD ON THE HOUSE ?
HAS ANYONE DONE THIS ALREADY ? IF SO, HOW GOOD IS THE LEASE AGREEMENT FROM A LEGAL POINT OF VIEW, IN CASE WE GET DIVORCED LATER ?
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Buying A House
in Real Estate, Housing, House and Land Ownership
Posted
I AM A UK CITIZEN MARRIED TO THAI WIFE. I UNDERSTAND THAT I CANNOT BUY A HOUSE BECAUSE IT COMES WITH LAND. HOWEVER, IF I BUY THE HOUSE IN MY WIFES NAME, CAN SHE THEN LEASE THE PROPERTY TO ME FOR 100 YEARS AT SAY ONE BAHT, SO EFFECTIVELY I HAVE A LEASEHOLD ON THE HOUSE ?
HAS ANYONE DONE THIS ALREADY ? IF SO, HOW GOOD IS THE LEASE AGREEMENT FROM A LEGAL POINT OF VIEW, IN CASE WE GET DIVORCED LATER ?