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Peterw42

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Everything posted by Peterw42

  1. Irrespective of how you acquire a condo, purchase, inheritance, gift, won it in a card game. To have your name on the title deeds as the foreign owner, you need to show an amount of foreign currency transferred into Thailand equal to the land office value of the condo. Its for the very reason you outline, that you cant gift property to avoid the usual taxes, regulations etc .
  2. Any transfer of ownership will be seen by the land office as a sale, and the normal taxes and fees will be payable, The taxes, of around 5%, will be calculated on what the land office says the property is worth. The property can be willed to you, but I think you will find the taxes/fees will still need to be paid, and a foreign currency transfer shown for the amount of the condo valuation.
  3. As above, you don't renew an OA visa, you get an extension on your stay in Thailand for another 12 months. A lot of the agents are having trouble with the bank accounts at the moment so you may have to shop around if you don't have an established account. Also, if your original visa is an OA, any extension will be subject to the original insurance requirement, and agents wont be able to help with that. Otherwise any of the agents mentioned above will be able to help.
  4. Op, not much difference between standard laptops nowadays, and most come out of the same 2-3 Chinese factories. On Monday they are making Acer, on Tuesdays they are making Lenovo, dell etc. Branding doesnt mean much, and all the internal components are identical. Just go with the cheapest, and look for things like warranty, local service center etc
  5. Usually the first 90 day report, after re-entering Thailand, needs to be done in person. Then subsequent reports can be done online, mail etc. The requirements can change with the wind, so the definitive answer would be to ask the immi office
  6. I imagine its just your passport, but they could require other documents like a Res cert. These requirements change on a regular basis, so probably best to ask the DLT direct.
  7. You can download templates from the internet, In English and Thai, add or removed clauses, both sign, then lodge at the land office.
  8. check what's written in your lease, there is usually a paragraph covering rent, increases, penalties etc
  9. Yes, of course you can arrange to rent back from the new owner etc., but the OP is talking about a chain of settlements where a property settlement, move in/out, is conditional on another property settlement, its something you see in UK property TV shows.
  10. It doesn't work like the UK, you move out the day you sell, whether you have another property lined up or not. The buyer wont care less if you are waiting to purchase elsewhere. There are no chain settlements or moves.
  11. So Obama knew "before" the election results, that Russia didn't effect the election results. That is some next level denial, denial of something that hasn't happened yet. MMMMMM Kool aid
  12. Yes, one lawyer should be able to act for both parties with POA from both parties. Even if no money changes hands, the land office will still want taxes and fees, usually works out to be around 5% of what the land office says the property is worth, not what either party says its worth,
  13. I think you will find the land office will see the transfer the same as a sale, and they will want all the usual taxes, transfer fees and duties. Otherwise everyone would be declaring a name change rather than a sale. Otherwise, a lawyer could do the transfer/sale with Power Of Attorney (POA) documents and authority.
  14. Its only bridges that allow a stay so long as you own one. It just so happens, I have a bridge I can sell you.
  15. The taxes are based on whatever figure is highest. The land office has an appraised value that you cant go below, and if you disclose a higher sales figure then that's what will be taxed. Its amazing, but all properties seem to change hands for the land office appraised figure.
  16. Ex military guys usually have a level of discipline, composure etc.
  17. The maintenance guys should only be working on common property, or as scuba says, common property that may be within a condo like pipes in ceiling. It may be that the condo office is using the maintenance staff to run their own little handy man business, and pocketing the funds. It can also be that the committee are part of the little enterprise. Otherwise, its something that the committee should be sorting out.
  18. 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.
  19. Its leasehold or company set up, just not disclosed when they are trying to sell it.
  20. Maybe contact a builder for up to date pricing. A little hard to give prices without knowing what materials, design etc. https://pattayahousebuilder.com/
  21. 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.
  22. Not sure what you mean by "expat mortgage"? For a UK mortgage on a UK property, you are probably better off asking in banking forums back in UK.
  23. 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.
  24. No such thing as a Condo tax. There is land/property Tax, usually only a couple of hundred baht.
  25. 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.
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