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Peterw42

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Peterw42 last won the day on April 7 2019

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  1. Its usually 2-3 payments, a deposit, then progress payments. So much down, a percentage when the building is complete, balance when title is transferred.
  2. Tabien baan has nothing to do with ownership, and does not record the owners details. The Tabian Bann (blue book) records the who resides at a property, irrespective of whether they own or rent , one person will be the main resident, ie: the house master. The owner is recorded on the chanote (title deed) for the property. As a foreigner, you cant own land so cannot be listed as the owner on any house/land documents, and foreigners are not recorded Blue books, they are recorded in a yellow Tabian baan that records foreigner residents. Again, nothing to do with ownership.
  3. There are 3-4 taxes when you sell a condo, and they are subject to individual circumstances. One of the taxes is on profit, but varies over time, if you live in the property, other income etc. One thing to keep in mind is taxes are calculated on what the land office says a property is worth, not what you say its worth. https://samui-island-realty.com/thailand-property-taxes-fees/
  4. I thought the same, discussing the lesser known attractions over the darkside area of pattaya, (the nickname for the eastern side of Pattaya because years ago it was late getting electricity).
  5. Unless otherwise specified, a lot of wise transfers can be local transfers into your account. From memory, you can specify when transferring that its shown as international transfer. (you can chase up wise after the fact and they will give you documents to verify int transfer) Otherwise, your bank should be able to add up past international transfers and give a letter/FET for the land office. Stating that the money is to buy a condo is a Thai central bank requirement, not a land office requirement. I have purchased two condos and never put "to buy a condo" on the transfers, in fact I used my original 800k transfer for retire visa as part of the shown transfer funds.
  6. I live very close to this crossing, and cross a couple of times a day. It is a crossing at a very busy road and intersection. Its stand still traffic night and day, and you are often stuck at a stand still in the middle of the tracks. I have been stuck on the track with the gates coming down, it happens daily, usually the gates sense the cars and don't come down, gates open train gets a red light, gates closed train gets a green light, often the trains are usually coming through at a walking pace and just come to a stop if the track is blocked. Its a little un nerving looking down the track at a train stopped a couple of hundred meters away. I think there is more to this story, someone has tried to run the gauntlet after the gates are closed, or some sort of major failure with sensors/signals.
  7. X, the bastion of free speech, so long as you don't make jokes about Musk, correct Trump lies, or post anything remotely left in views.
  8. Does ChatGPT give ridiculous arbitrary answers to questions, based on clickbait information from a vocal minority. YES
  9. A lot of property gets listed and sold on Facebook marketplace nowadays, or Facebook property groups in your area. Given you have a a niche property (investment/live in), the traditional places to sell probably don't apply. Dont forget, everything sells for the right price, if you are getting no enquiries or lookers then its as simple as your price is probably to high.
  10. There is no definitive way of knowing if an agent is authorized by an owner, as above, stick with large reputable agents that deal exclusively with foreigners. There is no list of things that "must" be included with a lease. 100s of people rent properties every day with no problems, instances of fake agents are very rare, and not as common as clickbait social media posts would have you believe.
  11. You probably need an accountant to be structured correctly to claim mortgages/expenses against income etc. There is information on websites like below about the tax system and deductions. It appears, for an individual, only mortgage interest is deductible . Otherwise it appears a rental property would need to be set up as a company to get full deductions for mortgage, expenses etc. Which sort of makes sense as an individual isn't a business. https://phuketrealtor.com/blog/tax-on-rental-income-in-thailand-what-should-you-know https://www.expattaxthailand.com/thailand-expat-tax-rates-allowances-and-deductions/
  12. How could you possibly know how many people are watching either candidates streams ?
  13. You would have a hard time finding long-term leases that allow subletting of the property. You cannot work in Thailand, including meet/greet customers, cleaning etc. And the big one, Airbnb is illegal in Thailand, for stays under one month. Also, Airbnb works where accommodations are in short supply and expensive. There are 1,000s of great cheap hotels, resorts, in Thailand, pretty much negating any demand for Airbnb.
  14. You cant get disability pension overseas, that was shut down years ago.
  15. I think you will find once you are over 60 the in person reporting and looking for a job etc goes out the window, but they point you towards volunteering.

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