Jump to content

chubcake

Member
  • Posts

    9
  • Joined

  • Last visited

Posts posted by chubcake

  1. Hi,

    Newbie here but wondering and need help for solution.
    Kindly advise.

    My farang BF is now working in Thailand under VISA & Work permit and about to retire very soon.

    Then plan to live in Thailand with retirement VISA.

    However, he aim to establish professional in Photography after retire.

    And plan to sale his Photo. (Let's say he is very good with his photo).

    Wondering, will he able to sale his photo to domestic OR oversea client without problem to his retirement VISA here?

    We worry about Retirement VISA and Tax matter.

    Any solution?

    Thank you so much.

    PS: What he want to do is street photo kind of thing, not camera man for hire.

  2. Just back from work.

    Thank you for all advise.

    I will search for the Lawyer. Any suggestion?

    To AyG,

    Refer to your comment:

    I don't fully understand part of what you write, but I presume the beneficiary of the loan insurance policy is the bank, so the insurance money will be paid directly to the bank. If the insurance money doesn't cover the full amount of the mortgage outstanding your partner (or whoever else you specify as getting the property in your will) would need to pay the difference.

    Yes the loan insurance shall pay to the Bank. I searching for Insurance which will cover the whole remaining mortgage.

    But what i am not sure if the BANK will transfer their ownership to whom?

    Even my Partner with Usurfuct but he have no right to own land.

    Understood as all above members mention that under usurfuct by me, my Partner shall have 1 year for new house owner and giving him the new usurfuct.

    Guys, what if i do right this...

    1) Giving Usurfuct to my Partner. (I need to talke with the Bank)

    2) Making a WILL, giving every right of OWNERSHIP to my Partner, then register at Cityhall.

    3) Making another the WILL, giving order to my own sister (they know each other very well), then register at Cityhall.

    Content shall be like: She shall assist my Partner by take over the ownership (after i die) then grant another Usurfuct for my Partner. At the same time, she shall assist my Partner upon his request to sell the house and pass 90% of sales price after cost to my Partner. My sister shall keep 10% of sale price after cost. Each income tax shall apply individually.

    Do you think it is secure enough?

    (Based on the fact that i trust my sister)

    Thank to you all again.

    PS: I will search for Lawyer now.

  3. Thank very much for all advise.

    It is seem to me that usurfuct and the registered WILL are not 100% secure the right for my Partner.

    However, i will do both as you guys advise.

    Now i need to look for sample of both.

    For the WILL, is there any format at the city hall?

    Meanwhile i need to think for back up plan.

    Appreciate every advise.

    Thank you.

  4. Hi,

    I am very new here and i would like to have an advise from people who know of experience in my case.

    Background is, me (Thai) and my (French) partner are living together in Bangkok for almost 15 years now.

    Our relationship is good and we plan to keep it as long as we can.

    We both working and having solid career and income, not much to call rich but not enough for comfortable retirement. My partner is soon retire and we trying to live in BKK as we are now.

    We bough a single house on a tiny piece of land, last year.

    It in my name both Loan and House, since Thailand do not allow foreigner to own properties.

    And because of above reason, i afraid what would happen if i suddenly die by any reason.

    How could i secure the right to live and own the house for my Partner?

    I plan to apply for Loan insurance so my Partner will don't have to worry about paying loan but i want him to have the right to live or sales the house(+land) then keep the money.

    Is there any legal action i can prepare for him at this point?

    Does the WILL could apply for foreigner in above case?

    By the way, we both PACS together under French law but i know it doesn't recognize here in anyway.

    I been worry about so much but don't know where to ask.

    Could you please help me and advise?

    Thank you.

×
×
  • Create New...