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LukKrueng

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Posts posted by LukKrueng

  1. On 2/15/2024 at 7:41 PM, recom273 said:

    we were told that a bankers draft or bank transfer was OK, but would take an extra day to process, meaning we would have gone through the whole process of waiting for a number to come up the following day

    Paid about 1m with a bank's draft at the land office few years ago, tax was paid on cash. Chanot was amended and given back with my name on it on the spot.

    BTW, the money was in my bank account in BKK and I was in CM at the time. I transferred the money to my account in CM 

    through internet banking with no costs at all. Only sum above the 1m limit was charged some commission.

  2. 9 hours ago, Straight8 said:

     

    Since he is a falang, most likely it would be binding (or a way will be found for it to be), so lets say if he went to the Police and asked but I'd bet it may have been a bit different if he were a Thai National.

     

    yeah, TiT.

    You're wrong. Verbal agreements are legally binding for all, Thai or non Thai

  3. 11 hours ago, webfact said:

    he said that the services, under which patients need to show only their ID cards to get access to medical care,

    That's been in practice for at least a few years now. When I officially moved to a new province I asked to update my "gold card" and was told they don't need\use the cards any longer and the id is enough. all I had to do was to go to the nearest public hospital to where I live and ask to be registered there

  4. I don't drink so I really don't care about the hours\days of alcohol bans. However, I do find the bans reticules as anyone who wants to drink during those days\hours can simply buy in advance. And the idiotic reason for lifting the ban on order to increase tourism.... In my opinion any tourist that will decide to visit Thailand only because now s\he can buy alcohol between 2 and 5pm is not worthy of any consideration.

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  5. 14 hours ago, aldriglikvid said:

    The answer to my question is probably "No" but I figured it's worth a shot to ask you guys anyways: would you know if a official Honda (car) dealer would accept Mastercard/Visa as payment? Foreign card. 

     

    Bless 

    That is up to the specific dealer. Some do and done don't. However, they won't accept full payment by cc as it costs them money. The most I was able to pay by cc was 50k with no extra charge

  6. 12 hours ago, khunPer said:

    There is today an official appraised value of land, used for land taxation, but often the appraised value do not reflect a sales value

    The reasons for the difference are

    1. The land department only re-evaluate every so often, usually every few years (in 1 specific area I know it's every 5 years, might be different in other places). Market value fluctuates according to supply\demand.

    2. The official valuation is for the land only, without considering what's on the land, thus an empty plot and a plot with mature plantation are estimated at the same price, whereas the market value takes into consideration what's on the land.

     

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  7. 22 hours ago, beautifulthailand99 said:

    My wife's sister has inherited about 1/3 of a rai of land near Hat Yai airport. it is reached by a dirt road of about 300m connected to a paved road and has electricity via poles but no water connection or sewerage. Looking at the Land Office map there seem to be loads of small parcels of land all in the jungle. She seems to think that land is worth about 5 million a rai in this area so would give a nominal value of around 1.5 -2  million.

     

    I can't see why anybody would want to buy this land - a big developer would be looking for large plots next to existing facilities and small pockets are of no real use to them and there is no developed neigjbour who would want to add this to their footprint. So the only value I can see is it has some value for someone rich enough to buy up cheap land for their own landbank and would only do so if it was very cheap. Am I roughly right in my thinking and what would be a very cheap 0.5 of a mill maybe? I suspect she won't want to accept a price that isn't aligned with her current thinking and so will never sell and therefore has no actual value. Or is it a bit like Bitcoin but a tangible asset in and of itself?

    The first thing I'd do is check the land department evaluation to get some idea about the official value. Then go around and see if there are any properties for sale in the same area and check the asking price. Also, if possible, try to find out of any property was sold recently and how much was paid for it. There might be developing plans in the area, or some rumours about such plans, and that can bring the price up

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  8. 21 hours ago, CJoo said:

     

    That's what I thought also but I'm not sure anymore.

     

    After speaking to more lawyers finally I found a lawyer who could explain why it's not possible, she said:

     

    My wife is a shareholder so she is considered as owner and not as employee. Only employee can be registered for Social Security and to get a work permit there need to be two employee registered in Social Security system.

     

    After that I did some research and found this old topic here: https://aseannow.com/topic/104239-do-directors-and-shareholders-have-legal-status-as-an-employee/

     

    This also confirms what the lawyer said to me. In this topic you can read more about it with some examples and now I understand a lot better.

     

    So my wife and I are shareholders and are ofcourse family so it's considered as equal power in the company. Because of that she can't be registered in Social Security system. Also in topic you can read of people who did register family and shareholders. But they had to get out of SSO because it don't add any value. They even got a refund. 

     

    Maybe it's outdated, I don't know but it's still confusing because I see everytime they write on this forum that it's possible while it might not be. 

     

    So I guess there is only one way to find out and that's to try it with a lawyer who said it's possible and see if we really need two Thai employee besides my wife. 

    According to this logic, you as a shareholder (owner of the company) can't get a work permit as you can't be an employee, just like your wife...

    There might be a difference between a limited partnership and a registered limited company. I'm not sure about partnership, but a registered company is a juristic person - completely detached from the shareholders that can change anytime yet the company survives these changes.

  9. On 12/14/2023 at 8:58 AM, CJoo said:

    Anyone got a recent experience getting a work permit when having a limited company together with wife?

     

    I have a non-o visa and on several websites and forums I read that my wife can be one of the 2 Thai employees that is needed for getting the work permit.
    This week a visited my lawyer and she told me that it can't be my wife. She is one of the shareholders and that's not accepted for the permit.

     

    Some weeks ago I spoke to a different lawyer and he also said it's possible that my wife can be one of 2 Thai employees.
    So now I'm a bit confused but maybe someone can help me with sharing their experience? Can't a shareholder be any of the employees needed?

     

    Thanks!

     

    An Ltd company is a juristic person, therefore an independent entity that can outlive its shareholders. There is no reason why the shareholders won't be able to be employed by the company. If the law says 2 Thai nationals must be employed in order to issue a work permit for a non Thai your wife will be counted as an employee just like any other employee.

  10. On 12/10/2023 at 2:41 PM, newnative said:

         Stating that 51% of a condo project 'must be owned by Thai nationals' is incorrect.  Also, there is no 'Thai quota".  Thai nationals can own any percentage of a condo project.  49% of a condo project can be purchased by foreign buyers, under foreign quota. 

        There is no Thailand law that I know of that sets a realtor's fee at 'legally 3%'.   Commissions usually range from 3 to 5%.   On condo sales, which my partner and I have done a number of, we've always initially set 5% as the realtor's fee.  In a few cases, to make a deal work, a realtor has taken less than 5% but we always use that as a starting point to be taken seriously.  You can certainly say you will only pay 3%, and that can work in some cases with higher-priced properties and unique properties. 

         It's less successful if you're trying to sell a condo where there are lots of other similar condos for sale in the same project.  I remember, years ago, having a VT5D 48 sqm studio condo on the market for sale.  A realtor, with an office in the building, brought us a buyer.  When we were negotiating the sale, we asked the agent if he could come down on the 5% commission.  Answer:  No.  Agent's reason:  There are lots of same-size condos for sale in the building. (True, by the way, with this large project.)  Count yourself lucky that I brought the buyer to your condo and not to any of the other studio condos for sale.  Which makes sense when you think about it.  The buyer is likely to just buy 1 property.  So, show him those with 5% commission and earn more on the sale than a listing paying only 3%. 

         From the OP's post, it seems she is looking for a quick sale, if possible.   If that is the case, in her shoes I would be definitely offering 5% commission, plus perhaps an agent's bonus on top of that, to get her property on the front burner, standing out from the rest, if I was listing the condo with realtors.  

         

         

    I agree with you about the non existence of fixed quota and that every time a unit is sold to a non Thai the current % of Thai\foreign ownership needs to be checked. I commented about it a number of times but people seem to be fixed in their minds about it so I find it easier to use the terms they use 

    As for agent's commission - I bought several properties in the past and I know the sellers paid 3%. I have a property on the market now and 2 actual agent's and few other people that said they'll look for a buyer all asked for 3%

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  11. On 12/7/2023 at 8:41 PM, bondjames007 said:

    I am wondering who you will call if you have a problem with your car ?

     

    I don't travel too far, mostly around Pattaya but occasionally travel on the highways to Bangkok,  who do you call if you breakdown on the highway ? 

     

    Anyone have a breakdown service,  I drive a banger with  200,000 Km on the clock,  but don't take too many trips.

     

     

     

     

     

     

     

     

    Ford have "ford assist" services. When I bought my ranger I got a couple of years free ford assist services and been extending it every year since then. They cover pretty much every kind of breakdown including fuel if you run out during your trip. In case your car has to be towed - they'll cover all the way to the nearest Ford service palace (I got my car towed over 100 km) but if you want another garage you'll have to pay for the extra km's if it is further than the nearest Ford place.

    They use local mechanics\tow trucks pretty much everywhere so the waiting time for assistance is not long usually.

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