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Posts posted by Peterw42
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11 hours ago, RobertJNerder said:
@Peterw42what do you mean by "full amount" when it is gifted as per OP's scenario?
@soi3eddieWhy would the lawyer send back the money to you when you purchased your ex-wife's share of the condo?
An amount of money, equal to the price of the condo, need to be transferred into Thailand from another country.
The land office will have their own appraisal of the condo, So you cant say the price is 1,000 baht.
The land office wont recognize "gifting", anytime a property changes ownership, that is a sale and fees/taxes are due.
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15 hours ago, Robert Paulson said:so if someone wants to gift the condo what would be the price needed for remittance money of a condo being transferred for zero baht?
The full amount would still need to be remitted. Otherwise everyone would simply call any purchase a gift and avoid the requirements.
The land office would see it as a normal transaction and still want to see foreign funds, and they would still charge transfer fees taxes etc.
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48 minutes ago, Robert Paulson said:
Does one have to transfer all the money etc to Thailand to transfer a condo from a thai to a foreigner she is married to? Or would the transfer be easier than that?
The normal requirements still apply, to buy a condo in foreign quota, the equivalent money has to come from outside Thailand.
The foreigner can use any money that has been bought into Thailand to obtain an fet to show the bank. (money to buy a car etc)
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21 hours ago, eboy said:
I'd like to install a nice pair of screen doors on a condo balcony. Is there a good contractor serving Jomtien who can do this, and approximately how much would it cost?
Thanks in advance for your replies.
I would start with a visit to the condo office as there may be specific requirements, permission for any additions to the outside of a condo block. A good chance they can probably also recommend a supplier
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12 hours ago, Suphawk said:
Has anyone had any experience trying to buy a house and land where your wife/girlfriend owns the land and leases it to you for a 30 year contract, and you keep ownership of the house itself?
To answer your original question. You cant just spin off the house ownership from an existing land with a house on it.
Houses don't have a separate title deed, or any title deed. The only way you can own a house is if you build the house hand have the receipts. It doesn't mean much as its still a structure on someone else's land, it cant be bought or sold without the land title.
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you can top up at 7/11. online, at some ATMs and online banking apps, at true shops that are in most malls.
Or put the true app on the phone and use that.
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1 hour ago, NoshowJones said:I know about the protection from banks with a credit card, but what about a debit card? I have had 3 withdrawals from sources I had never heard of amounting to over 3000Bt in the past two weeks even though I told the bank not to pay out. Do I have any protection with a debit card?
What do you mean by "I told the bank not to pay out". You were expecting these transactions before they happened ?
Are the withdrawals from an ATM ? How did they get your PIN?
If your card has been skimmed and and you inform the bank, then you will be reimbursed.
Credit cards or debit cards are no different when it comes to an unauthorized transaction.
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6 minutes ago, SingAPorn said:
Why does Thailand continue to allow all these violent drug addicts scum to enter ? They should ban cannabis.
How could you possibly know they are drug addicts and using cannabis ? And how could immigration possibly know someone has a drug problem ?
Cannabis tends to make people very chilled out and not aggressive.
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11 hours ago, couchpotato said:1)You do realise if you went that route, that 'she, in her name' (not you) would have to bring the total purchase price in from overseas. Inward remittance would have to be in her name. You cannot use money already in Thailand.
2)Using her Australian passport to purchase is probably feasible, but at some stage (either at the Bank or the Land Office) someone is going to query the lack of Visa/Extension/entry stamps in her passport, then she will need to show her Thai ID and this may cause problems.
Be careful.
The foreigners immigration status has nothing to do with buying, there is no requirement that the foreigner entered Thailand using their foreign passport, or has a current visa etc. You can literally be outside Thailand and complete a purchase using a POA.
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21 hours ago, Cricky said:
She has an Australian passport.
You could have mentioned that fact initially.
If she has foreign citizenship, then yes she can buy in the foreign quota.
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She is Thai, of course she cant buy in the foreign quota.
I cant believe you are even asking the question. If Thais can buy up all the foreign quota, then its no longer the foreign quota.
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1 minute ago, georgegeorgia said:
Yes thankyou P57
But I'm not sure they actually do extension of tourist visas ?
I thought it was only in Bangkok?
Do I have that incorrect?
Yes, incorrect.
A 30 day stay isn't a tourist visa, its a visa exempt stay. You can extend a visa or a visa exempt stay anywhere in Thailand, but you would usually do it at the immigration office local to your accommodation.
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Premium economy, where you pay extra for the basic facilities that should be included with any ticket.
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21 minutes ago, scubascuba3 said:
Weird thing that after you login you still need to search by passport and nationality, should come straight up
I think you will find that has to do with cookies in your browser settings. If you, or security software, deny or delete cookies then the site cant remember things about you. People love blocking cookies from websites, but don't realize it reduces functionality.
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8 minutes ago, parafareno said:
i have tourist visa just regular one...what is pulse check?
anyone staying long-term in Thailand needs to check-in with immigration every 90 days (can be done online)
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6 minutes ago, parafareno said:you mean if i get a lawyer you don't have to have 800k in the bank? But it costs 30k each year for lawyer?
its not a lawyer, its an agent. You pay them and they take care of everything, usually includeing the money in the bank requirement. Probably 90% of people on retire visa's use an agent.
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Visa cost is 1900 baht if you do it yourself, and you need to have 800k to show in the bank for most of the year.
Or 15-30k if you use an agent, they usually take care of the money in the bank.
You can stay as long as you want, You extend your stay yearly with the same costs and requirements.
Visa can be done in thailand with no need to return to EU
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3 minutes ago, jacko45k said:
What a sad tale, and a wake up to those with glass shower screens. Common in hotels in my experience but could not be sure if safety glass is usual.
Sorry to be pedantic but it sound like this happened in Huay Yai, an area South of Pattaya, not ' in the coastal town of Chon Buri.'
Its also the name of the province. Looks like a confusion between chonburi town and chonburi province
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21 hours ago, proton said:
Still not managed to complete the new TM30 registered, accepted address and uploaded owner ID, passport and house book files Any dates entered do not seem to work. But is it necessary to upload an excel file with the same details they already have on the uploaded files, or is this an option? I don't have excel anyway, are we expected to buy it just to give them name, DOB, nationality and phone number all over again?
Excel is so you can do multiple registrations at the same time. Its for hotels etc, registering 20 people at once. Not required for single entries.
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People appear to be a bit confused, fiber in a condo has nothing to do with condo rules, it comes down to whether fiber is in the building, or can be installed in the building. Usually, only one internet provider has run cables into a condo building, usually when it was built. Some buildings the cables can be upgraded with no problems, others, its almost impossible.
Even in a building with fiber, the owner will still have to pay for the installation from the basement/risers into the condo, and retro fitting cables can be expensive, often using the existing phone cable to pull through the fiber, breaking into and repairing roof cavities etc. Once connected, its like your electricity, you pay a monthly bill to the telephone company, not the condo block.
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Thanks for the link, I will certainly be voicing my concerns and advocating that Airbnb be completely shutdown in Thailand.
If you want a short term rental, stay in one of the 1,000s of great and affordable hotels, if you want a long term rental sign a lease on a condo.
There is no need for airbnb to operate in Thailand.
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OP, songkran is probably the biggest holiday period of the year, everyone is on holidays including bike shops. People shut up shop, travel back to their village, have big family gatherings etc.
I dont think you will find any sales or promotions.
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Everything sells for the right price.
The trouble is, in Thailand, nobody knows what that price is because there is no sales data.
Most properties have a value/worth based on supply and demand, past sales of like properties etc, its not uncommon for a property to be worth the same as it was 10 years ago, and if you buy at this price originally and sell at this price, then resales are often very easy.
Where it all falls apart is people do no research and buy/sell at ridiculous prices plucked from thin air. If you buy at these stupid made up prices, then a resale at the same prices will be very hard.
The Thai market is not like back home where the whole market rises 5-10% year on year. It doesn't stop people thinking the market does go up and asking ridiculous prices, based on what the guy down the road is asking.
If you paid 2 million baht for a 1 million baht property, you will have problems with any resale. It doesn't mean the Thai market went down and nobody is buying, it means somebody paid way over the actual real market value.
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1 hour ago, scubascuba3 said:
Shell's are not popular, most people avoid, plus of course the V Power 95 trick they pull at some garages such as Pattaya Tai
What is the V power 95 trick ?
Condo transfer thai to husband
in Real Estate, Housing, House and Land Ownership
Posted
Gift tax is for personal income. whether or not tax is due on income. its got nothing to do with the transfer fees and taxes on property.
Depending on circumstances, the husband could have an income tax liability on being given a property. Gift tax is so people cannot avoid income tax by declaring something a gift. The Thai tax office may well levy a gift tax on the husband receiving a property.
Again, nothing to do with property transfer.
The Land office charges transfer fees, stamp duty, capital gains etc., (on what they say its worth) every time a property changes hands. Regardless of whether the property changed hands for 10 baht or 10 million baht.