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Peterw42

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Everything posted by Peterw42

  1. Different offices have different interpretation and enforcement. If that is what phayao office says, and its in writing, you should be fine.
  2. Any price is negotiable, they may not move by much, but you can try. Its harder to negotiate with a developer as its often installments or progress payments as the place gets built.
  3. You definitely need an FET, very odd that you have found agent and bank that know nothing about it. To obtain an FET, you will probably need to send the money out of Thailand then back in. Some banks can help with this process as they send it to an outside Thailand office of their bank for minimal fees and exchange. Also some developers can sometimes produce an FET when you buy from them, without the funds coming from outside Thailand. You can use any money you have brought into Thailand to produce the FET, if you have previously brought in money to buy a car, funds for visa etc.
  4. Just a matter of selling the property. Any leases would be canceled in the process
  5. None of the foreign income laws have been enforced or tested as yet so largely an unknown. There is no reason not to presume condo fund would be treated the same as any other foreign income, already taxed at home via a tax treaty etc. You don't pay the money directly to the seller as the money needs to come into an account in your name, could cause all sorts of problems with the land office. You can pay direct to a developer as they have the authority to produce an FET for the land office.
  6. I haven't misinterpreted any short term rental laws, its illegal without a license, end of story. One person in Thailand says its not illegal, and that's you.
  7. Maybe the photos doesn't show it, but there doesn't appear to be much of an overhang problem. If the neighbor wont cut it back get someone in to trim your side of the fence. I dont think its your call to say the property is too small to grow any trees. I think you will find branches dont just randomly fall off trees either. The laws are probably the same as everywhere else in the world, you can grow whatever you want on your side of the fence, but need to trim any overhang into other properties. The appropriate people to talk to would be the local ampher, and it appears that is who you have spoken to them
  8. That would usually fall under a homestay license
  9. It appears you may have misinterpreted the laws. You will still need a license if you want to do short term rental. It wont be a hotel license as the building is to small to qualify, but it will be either a hostel, guesthouse or homestay license. The size of the building or number of rooms doesn't give you an exemption from getting a license, it just means smaller places (are exempt) don't qualify for a hotel license.
  10. It appears some very creative interpretation of the laws happing in these threads. Airbnb "IS' still illegal for short term stays, unless you have the appropriate license. That license is either a hotel license (if the building has more than 8 rooms), or a hostel/guesthouse license for smaller buildings , or a homestay license for rooms in your house. The building gets, and needs, a license, not the landlord or the individual rooms.
  11. OP, your post is very hard to follow. You are having problems with a lease, a landlord, TM30 ? You want to start a petition ? If you have a specific question or request, maybe ask it directly in a simple form.
  12. There are no villas that are registered as condos, they are two separate things, and foreigners can only own condos. There are no houses available freehold to foreigners unless you do company ownership and you still only own 49% of the company. Maybe mention where you are looking for specific agent recommendations. Most houses in Thailand are in gated villages, and most agents will have house listings, I dont think you will find any that only sell houses. Lots of property is listed on facebook marketplace and similar nowadays.
  13. Depends on which office you are going to, they all have varying requirements. Usually copies of PP showing a long stay visa, a TM30 receipt, a couple of photos. Some offices wont do one on a visa exempt or tourist visa.
  14. A google search will bring up free options. Otherwise, just write something yourself, its not that important, its really just a show of good faith, agreed price, deposit paid, who pays what fees etc.
  15. Yes, entry into a yellow book is required to get Pink ID, The process of going into a yellow book puts you in the database, generates an ID number etc. the printing of the ID is a 5 minute process after all the information in the yellow book has been generated. its a NON-Thai ID. The card actually says, in big bold letters "identification card for people who do not have Thai citizenship"
  16. The act is always active and in effect, its just the enforcement that varies. Every time you check into a hotel, they are reporting you as per the notice you post. And otherwise your landlord is supposed to be reporting you. Most of the time immigration requires a completed TM30 before conducting any other business with them. No ongoing business with immigration , it wont come up. Your agent posting that notice is really just drumming up business.
  17. A condo can be in a will and inherited, but as others say, the usual taxes, fees and foreign funds is the same as a normal sale. If the land office says the condo is worth 1 M baht then the person inheriting the condo will need to show that amount of foreign currency coming in to Thailand. They can then spend the money or send it back home, but the money has to come in.
  18. OP, are you talking about Juristic person, or juristic manager, as they are two different things. (juristic person can hire/fire juristic manager) The act clearly states one person cannot be both. But otherwise I don't think you will find any restriction on a committee member being either
  19. I think that was maybe the case buying expensive replacement cartridges. Nowadays you can buy 4 100ml bottle refills for less than 100 baht, 50 baht on lazada. https://www.lazada.co.th/products/canon-100-ml-color-fly-i
  20. I bought a brother printer with refillable tanks, 3 years ago, and the tanks are still 50% full. Still works great. It doesn't get a lot of use, yearly marriage extension (that's half a ream of paper, lol), wife prints photos and signs for her business, menus for a friends cafe. It has a great feature, even if turned off, it cycles through a jet clean once a month. So no surprises when you go to use it after a spell.
  21. They are still just listing the various asking prices, not what properties sell for. There is no official data or statistics they can draw on. I sold a condo last week, fazwaz has no idea what I sold it for. Look up your own condo block, often it will be very wrong.
  22. It comes down to why you want to buy a condo. If you are buying to sell for a profit, then NO, its not a good idea. The Thai market doesn't work like that with flipping and capital gains. Properties can be worth the same 10 years later. If you are buying to own, live in, not pay rent etc, then YES, its a great idea. They are incredibly cheap to buy, the fees are cheap. In as little as 8 years you can save the purchase price in rent not paid. Its yours, no rent increase, you can decorate to taste, and even that is not expensive. The main thing to be aware of is there is no sales data in Thailand, often its hard to know what the realistic price is for a property. Asking price means nothing. You can see 1M baht condos for sale for 3M. People buy the 3M baht condo then, when they cant sell it and see other similar condos selling for 1M, complain how bad the market is.
  23. 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.
  24. 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.
  25. 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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