mariohh1

11 minutes ago, Peterw42 said:

Yes, it possible, unless the agreement states otherwise. Any usufruct I have been involved with always had a clause forbidding sublets. (usually just a basic agreement so Thai girlfriend cant kick foreign boyfriend out)

Again, what is the point, nobody is giving away usufructs on properties so that others can collect the rent, Its usually a substantial payment upfront (equal to buying the property) or ongoing rental to get a usufruct.

Not sure that there is any great business model , trading on the difference between money paid for the usufruct and rent received from a sublet..

yes its up to what you write in the agreement if you do one, i have all without any agreement i can do what i want and i sold and leased them out already many times..

2 minutes ago, mariohh1 said:

yes it gives me the right to lease it out and even do a 30 year lease with someone else. get better informed i would say!

The beneficiary in a usufruct scenario may also transfer his rights to the usufruct to a third party according to Section 1422 of the Civil and Commercial Code

 

An interesting feature of usufruct is that the usufructuary can enter into a 30-year lease with a third party. So if the usufructuary signed a 30-year lease contract before his death, the lessee (tenant) will maintain the rights of the lease until its expiration.

Case Study: The Supreme Court ruling 2297/1998 states that the lessor (landlord) does not have to be the owner of the property. Therefore the usufructuary can rent out the land. Although in the event of death of the usufructuary within the lease term, only the usufruct will be terminated but not the lease.

14 minutes ago, Peterw42 said:

Not sure of the point you are trying to make ? You have a right of access to 12 properties that you don't own, or possibly own 49% of a company that owns the land. (I imagine it would cost a bit to keep 12 companies running) 

What is the point of having 12 usufructs, you can only live in one of them, and it doesn't give you any ownership. A usufruct cant be sold, doesn't give you a right to lease out the property or on-sell a lease etc.

What is the point ?

Nobody has said a usufruct or lease is unsafe or illegal, its just not ownership.

The OP is talking about a userfruct as a "land ownership strategy"

yes it gives me the right to lease it out and even do a 30 year lease with someone else. get better informed i would say!

50 minutes ago, bojo said:

Seek professional advice I would say, of which there is plenty available on the island. Then you will 'know for sure'. Personally, I'm not up to speed of late, but, PM me if you are serious, I'll send you my agent's details in Maenam. She will tell you the way it is, good or bad and she doesn't disappoint.......

the only time i got <deleted> on the islands was when i used professional help!

1 hour ago, Peterw42 said:

Koh Samui is renowned for (illegal) creative Thai nominee ownership schemes, there have been several crackdowns in recent years.

 

Google the phrase "koh samui thai nominee" and you will find a history of crackdowns, arrests, raids etc.

 

Even if you find someone who "was" successful in obtaining a userfruct, it looks like its no longer possible.

this is buying with a company .... a usufruct is as safe/legal as a 30 year lease. since the land still belongs to a thai after the usufructery dies or 30 years. if you do buy land and want to transfer the thai owner and the foreigner in at the same time, you should be a couple otherwise first the thai and a month later the foreigner goes in. i have 12 usufructs in different provinces as well as koh phangan.

i had the same problem and just sold it for 5000thb instead, its really cheap and people buy it quickly

 

so this topic can be closed! i got my answer, thx

 

11 minutes ago, ubonjoe said:

Where did you find that info for getting a multiple entry non-o visa for retirement.

Most locations want at least 800k baht in a bank or 65k baht income.

Tod Daniels You get it ONLY from the thai consulate in Kota Bharu <- read that one more time, You get it ONLY from the thai consulate in Kota Bharu, period end of story.
There is no other thai consulate in S/E Asia that will sell a year-long, multi-entry Non-O visa based on being over 50 (retirement).

 

so i guess that answers my question. i have a friend who got it also in germany with the same conditions.

 

Just now, docspinoff said:

Yes needs to be 800.000 in a Thai bank account or 65,000 a 

Month showing into a Thai bank. An must be there 3 months before application. 

Tod Daniels You get it ONLY from the thai consulate in Kota Bharu <- read that one more time, You get it ONLY from the thai consulate in Kota Bharu, period end of story.
There is no other thai consulate in S/E Asia that will sell a year-long, multi-entry Non-O visa based on being over 50 (retirement).

9 minutes ago, ubonjoe said:

Where did you find that info for getting a multiple entry non-o visa for retirement.

Most locations want at least 800k baht in a bank or 65k baht income.

https://hdvisa-thailand.com/available-visa-types/non-immigrant-o-visa/

 

• Applicant must be at least 50 years old

1. Bank statement with a minimum deposit of 380,000 Thai baht or Income Certificate with a minimum monthly

Chiang mai Immigration informed my Visa Agent already that all extension from NON O A need a health insurance! so not only all new Applicants after 31.10.2019 all extensions from before too.

and here is a quote from their website: First year, all applicants can buy health insurance from insurance companies in their owned countries or authorized insurance company in Thailand. When the applicants want to renew the visa, the applicants must buy insurance from authorized insurance companies in Thailand only.

i did 3 properties 2 in chiang mai 2 weeks ago first i did 1 property got the email within 24 hours and password and login another 24 hours later, did than the 2nd property in chiang mai same time and 1 in koh phangan got both emails within 8 hours. i uploaded pass, yellow tabian ban and chanote front and back side.

3 minutes ago, Peterw42 said:

If the address information has been entered correctly (above) then the local immigration office comes up in that field. its blank until it knows where you are. Same as the district field choices wont come up until province field is entered, etc. Like the other immigration sites, I think you need to use IE or chrome.

ok thx i copied always but when i scroll down it worked thx

what did you do at the last question? register at. you can not write in it and it does not do anything. 

It's UK government data.

But based on Thai data.

Once again that's a view that is based on suspicion alone, zero fact. In favour of the opposite view is that UK authorities might become a little suspicious where a body is returned to the UK containing bullet holes or knife wounds where the cause of death was listed as suicide, don't you think!

i just googeld a little bit and found an BBC request for the number of murders in thailand was denied by the freedom of information based on they dont want to damage thai relations and the tourist sector, so thats why there is no number for thailand! And not because it is so low.

If you want us to believe that you need to post a link to prove what you say is true, otherwise you made it up.

i know of 4 murders all public including the koh tao murders or are you saying they start counting first from 5 murders?

Do you really accept Thailands Data , most deaths here are swept under the carpet .They cannot afford to soil Thailands great image .?

It's UK government data.

But based on Thai data.

Once again that's a view that is based on suspicion alone, zero fact. In favour of the opposite view is that UK authorities might become a little suspicious where a body is returned to the UK containing bullet holes or knife wounds where the cause of death was listed as suicide, don't you think!

i just googeld a little bit and found an BBC request for the number of murders in thailand was denied by the freedom of information based on they dont want to damage thai relations and the tourist sector, so thats why there is no number for thailand! And not because it is so low.

Can you sebd me the name and contact info please thanks

I have one s 8.4 3 month old white wifi and 3g sim in chiang mai 14000 thb

Finally we getting more and more good restaurants in mae rim.

The newest addition is tiffin talks, a indian restaurant at mae rim plaza. Fresh organic food

The fish is to die for.

And the owner is a really nice guy.