Peterw42

The general requirement is money into an account in your name, but the agent may be making special "arrangements" with the land office. The person to be answering your question's is the agent.

I think you will find the money has to go into a Thai account in "your" name, Then your bank generates the FET to show the land office.

If the POA is filled in correctly then the land office will accept it. What are you doing about foreign funds into a Thai bank, cashiers cheque for payment etc ?? A little hard to arrange from outside Thailand.

Depends who you are dealing with, if an agent is involved then they may get a deposit. If dealing direct with the owner then you may pay a deposit to them. You can do the whole process with little or even no deposit, its really just a show of faith that you are serious and will be at the land office next Tuesday to buy. You may want to check, but I think there are limits for wise transfers nowadays. For large amounts like a condo purchase it actually works out cheaper doing a regular (fixed fee) swift bank transfer, and its all correctly documented etc.

OP, you will find not a lot of people bother with a lawyer, if its just a straight froward foreign title condo then its a pretty simple process. buyer and seller go to the land office together, property transfer wont happen if there is anything wrong with title, mortgage etc. You hand over the money when your name is on the title deeds.

I have seen parking or storage included in a condos sq meters often in Australia, and that sq meters is also included when calculating the yearly condo fees. A lot of condo blocks never have enough parking, having your own spot included on title is a bonus.

Doing sublets is usually illegal, airbnb is illegal, doing any of the work like meet and greet, cleaning etc is illegal. But besides that you are good to go.

I've never heard of the databases being linked, Its certainly still required in Pattaya, and they probably do more marriage extensions than any other office.

I'm on my 6th marriage extension, its really no big deal. 400k in the bank for 60 days prior, I print the same photos, documents every year. As others have said, 1st stop ampher as they open, to get kor ror 2, next stop bank for the letter, get to immigration mid morning, there is never much of a queue like the retire desk, all done and finished by lunchtime. start spending the 400k.

No requirement for any visa, to rent or buy. Buying would require a bank account which can be difficult on a TV, unless you use an agent

The requirements can vary from immigration office to office. Best to mention the office you will be dealing with in person, or enquire direct to them. Its easy to do it all on line nowadays, via website or app, and they list the required documents.

Best to enquire directly with the embassy you are dealing with, as it will be a specific requirement set by them.

Is it just me, or are others not getting the point of this thread. It appears the OP just wants to let everyone know he has some money, and cant work out any of the 127 ways there are to buy something at 7/11.

I have used an agent to find a tenant, but otherwise no.

I live off a couple of rental properties, for me its been great. I bought 2 condos for 1.2 million baht each, and get around 8k a month in rent each. Outgoings are small, condo fees 12k a year, any repairs are cheap. I get around a 7% net return, way better than any bank interest or share dividends. I would avoid places like nirin as they may be cheap to buy, but you get cheap rent and cheap tenants. For me its a great investment and gives me most of my income to live here. Ignore the negative comments from people who dont actually own any property, just heard stuff from a guy in a bar.

Thai wife's consent isn't required, but I think you will find the condo would be considered a marital asset, subject to 50/50 split in divorcee etc. Maybe you are thinking about a document to make it not a marital asset, similar to what foreign husbands sign when a Thai wife buys a house during marriage

I have not been back in 5 years. I'm still a tax resident, I just did my tax return last week, and nothing has changed. I still meet the criteria via the ATO website.

Thats not what I said, I said saving are not taxed. and the first $20,000 of interest on savings is not taxed. I find it very lucrative, As Taxes, fees, levies, rates, maintenance are all tax deductions. I get a solid 6% net return on the purchase price, and with the tax free threshhold, a tax free income up to $20,000 a year. Remaining a resident for tax purposes is based on several criteria, some of them being, an income in Australia, doing tax returns in Australia, owning a Property in Australia. I have not lived in Australia for 10 years, but remain a tax resident. The ATO has an online calculator to determine tax resident status, and I meet the status because I still own a property.

I think that is talking about family member of a foreigner with permanent residence, not someone married to a Thai

Ahh ok, that part appears to be hidden away.

No, they are not on the list. I was more interested in people extending visa exempt and tourist visas

What is this all about ? Apparently extensions can now be done online, using the VFS company ? What is the current status, are people useing it? Sorry if its already been discussed, nothing up to date comes up in search. https://thaiextension.vfsevisa.com

Any income over the tax free threshold, gets taxed at normal Australian tax rates. The same as its always been for any income you have ever earned in Australia. Savings in the bank has no impact on tax amounts or thresholds.

Just leave the money in Australia and in term deposit, they don't tax savings and you can earn $20k in interest before its taxed. You have already earned that money and paid tax on it, so no real advantage paying it into super now. If its a significant amount of money, why not buy a rental property, then live off the rent. The idea is to do everything to remain an oz resident for tax purposes, own a house, earn and declare income, do tax returns, vote, etc etc. Earn $20k a year in Australia, tax free, and live off it in Thailand.

Way easier to apply when you get to Thailand. Less requirements like residency, insurance and police record. Simply arrive on a 30 day stay or tourist visa then apply.