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Everything posted by Peterw42
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Thailand in general, is not a year on year capital gain market. its a buy to live in or rental investment market, there are even specific taxes to stop flipping properties for profit. Thailand has one of the highest home ownership rates in the world, around 70-80%, and new stock is always being built so there is never a supply problem to push prices up. Actual prices can often be the same as 10 years later. There are always stupid listed prices that are never achieved so foreigners see that as the market going up. Foreigners often think the Thai market is just like home with percentage gains every year, and they often pay way over what a property is worth, only to find out years later they paid to much and have no chance of selling.
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New house build cost?
Peterw42 replied to EVENKEEL's topic in Real Estate, Housing, House and Land Ownership
Maybe contact a builder for up to date pricing. A little hard to give prices without knowing what materials, design etc. https://pattayahousebuilder.com/ -
Transfer ownership of sor kor 1?
Peterw42 replied to sanook 1's topic in Real Estate, Housing, House and Land Ownership
A quick google search give lots of information about Sor Kor 1 document, the land is not owned, the document is a record of who occupies the land. While Sor Kor 1 (ส.ค. 1), a land claim document, is not a title deed and doesn't signify ownership, it can be transferred, but only in a limited way. Specifically, it can be transferred by inheritance or by the current holder physically handing over the document and possession of the land to another person. However, it cannot be legally sold, mortgaged, or transferred in a formal way like a title deed. -
As others have said, its usually best to check the requirements of the office you will be attending. Its not usually the drama people make it out to be. I do a marriage extension in Pattaya every year, they require all the usual documents, passport, tm30 etc, Bank letter stating 400k funds for 60 days, also want a kor ror 2 (proof still married) from the local ampher . Photographs showing you and wife at your house (standing in front of the letterbox showing house number, sitting on the lounge etc, i submit the same photos every year). After submitting the documents immigration visits your house in the next couple of days, just to check you haven't hired a local bargirl to pretend to be your wife. a couple of weeks later go back to immigration and get 1 year stamp. I literally do it all in one day, start at ampher when it opens, then to the bank, then to immi office.
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Last week condo tax, now land tax?
Peterw42 replied to inf's topic in Real Estate, Housing, House and Land Ownership
No such thing as a Condo tax. There is land/property Tax, usually only a couple of hundred baht. -
Trump's crackdown on LA protests is pure hypocrisy
Peterw42 replied to TheAppletons's topic in Political Soapbox
The absolute irony is, all the maga 2nd amendment fanboys don't realize this is the very reason they have "the right to bear arms". Its for if/when the government uses the army against its own citizens, you can fight back.- 492 replies
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Report Thailand Tightens Grip on Retirement Visas Amid Wealth Shift
Peterw42 replied to snoop1130's topic in Thailand News
So nothing has changed for retire visa's, and no plans to change anything. The sad thing is, this will be quoted and referenced in future posts, "they don't want us here"," why expats are leaving" etc. In the unlikely events that retire visa's do have some new requirements, you can always just switch to a DTV. They appear to be handing them out in cereal boxes, nothing more than a foreign bank statement and a photo of your amazon drop shipping page required. -
FREE Covid vax still happening?
Peterw42 replied to unblocktheplanet's topic in COVID-19 Coronavirus
So not content with having your own misinformation conspiracy nutjob sub forum, you are now steering people away from the legitimate forums. -
All Vaccines Will Kill You - The evidence is overwhelming
Peterw42 replied to Red Phoenix's topic in Covid/Vaccine
There is no "other side to the story" ! Once something has been debunked, proven false etc, there is no decision to be made. All of this antivax rubbish has been debunked a hundred times. There is no opinion, only true or false. Calling a falsehood an opinion doesn't make it true. -
All Vaccines Will Kill You - The evidence is overwhelming
Peterw42 replied to Red Phoenix's topic in Covid/Vaccine
Yes, a forum is to exchange ideas and opinions, not post absolute bullsh*t and say its true. -
All Vaccines Will Kill You - The evidence is overwhelming
Peterw42 replied to Red Phoenix's topic in Covid/Vaccine
What's with all the conspiracy nut job posts nowadays ????? This used to be a great forum, the leading forum for anything to do with Thailand, visiting, living, , and of course Thai visas. It appears it has now turned into conspiracy nut job central. The whole idea of a forum, and what makes it work, is solid, reliable and "TRUE" information. After 10 years, I don't think I will be part of this forum for much longer, if this absolute rubbish is allowed. -
Peter Andrew McCullough is an American former cardiologist. He was vice chief of internal medicine at Baylor University Medical Center and a professor at Texas A&M University. From the beginnings of the COVID-19 pandemic, McCullough has promoted misinformation about COVID-19, its treatments, and mRNA vaccines. Wikipedia
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None of this would apply if you are buying a "house" via a company route.
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Thailand has temporarily reduced property transfer and mortgage fees to 0.01% for certain residential properties, effective until June 2026. This applies to properties valued at up to 7 million Thai baht (approximately $201,729). The original fees were 2% for transfer and 1% for mortgage registration. This measure aims to stimulate the real estate sector and ease financial burdens on homebuyers.
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I don't see the point, put up some posters to remind us that a small minority of illegal immigrants committed some crimes. If fearless leader can be believed, he has deported them, and stopped them coming. It was hardly the mass epidemic fox news would have you believe. Any demographic , a small amount of people will commit crime. Lets put some posters up to justify my racism.
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Trump's First 100 Days: Supporters Weigh Progress, Pain, and Promises
Peterw42 replied to Social Media's topic in World News
Hard to judge really, as it turns out any of the core promises like ending Ukraine war (on day one), lowering grocery prices etc, were all said in jest (his exact words in TIME magazine interview). Lucky nobody took him seriously and voted him in on those core promises.- 32 replies
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Hepa/2.5 filters are very dense and the standard airconn motor and fan isn't powerful enough to push the air through .
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income tax question
Peterw42 replied to mohinga's topic in Jobs, Economy, Banking, Business, Investments
No such thing as a pension visa. Any of the taxation is currently theoretical, not being enforced. Even if/when it does get enforced, your home country most likely has a tax treaty with Thailand and tax already paid, pensions etc will not be taxable. Agents are in the places expats mostly live, Bangkok, Pattaya, Phuket etc., I doubt you would find any agents in Surat Thani (maybe Koh Samui), but you could certainly do the visa yourself at any of the local immigration offices. Local banks will usually open an account to do with retire visa's. There is no need to consult a tax accountant, leave after 180 days, arrive at a certain time of year etc.