blackcab

You need a Thai 5 year license. If you have this you can apply at your local Land Transport Office.

@Seppius If you want to tag a member in a post then type the @ sign and then immediately type the member's username. Do not use a space unless the member's username starts with a space. Once you can see the correct username, click it. The member will then be notified and you won't have to wonder if they see your post.

Thank you for the post. As this is now a news topic, please continue the conversation here:

Strictly speaking your non-Thai children cpuld inherit the land, but their choices would be: 1. Sell the land, either to a Thai citizen (most likely), or a non-Thai citizen under the rules discussed in this topic (not so likely). 2. Buy the land themselves as a non-Thai citizen who qualifies under the rules discussed in this topic (not so likely). A deed of gift could not be used, which means full land office taxes and fees would have to be paid.

A troll post has been removed.

Please note that this is a serious request by a member of many years standing in this forum. If you have sensible advice and supportive comments then please post them. I will politely ask that members do not post negative or troll posts.

The World Bank puts Thailand's GDP for 2021 at USD 505.98 billion. To be fair the article doesn't give a time frame for the arrival of the 1 million well heeled foreigners. Also, each foreigner is not obliged to buy 1 rai. They could buy any amount up to 1 rai, although I don't really see anything under 0.5 rai being usable for someone with that kind of purchasing power. 0.5 rai is enough for a house, a small swimming pool and parking for 2 cars if it is designed well.

Off topic post removed.

Off topic posts have been removed.

No, a 40 million investment to obtain permission to buy up to 1 rai. You have to additionally pay market rates for the land. 1 rai in Bangkok in upper Sukhumvit will cost another 20-30 million. 1 rai on the centre of Bangkok up to 800 million.

No. You have to invest 40 million baht of foreign funds you have remitted to Thailand and exchanged in Thailand for Thai Baht. Then you have to purchase the land after you have received permission. Just the 40 million baht gets you no land. This law has been in existence for many years, it is just being dusted off and put into practice. The key point from previous times is that you could not sell or bequeath the land to a non-Thai citizen, which might create problems for inheritance planning.

What subject is your degree in?

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Generally not. The motorbike is usually the property of the loan company, and they will retain the green title book for the bike until the finance is paid off. When, and only when, the final payment is made can the bike be transferred to the borrowers name. In the event of continued non payment the bike will eventually be repossessed. It will be sold at auction and the lender will then ask the borrower to repay any outstanding balance. If the borrower is unable to do this then the guarantors will be expected to repay the outstanding balance.

If the land owner dies the usufruct stays in place. This is because a usufruct is a real property right that is registered on the back of the title deed.

A couple of points... with a life usufruct you may be worth more dead than alive. I say that in jest of course. Secondly, if you were thinking of putting the land in your partner's children's name then this will not work for you until they are 20. You can of course put the land in their name, however land in a minor child's name cannot be encumbered without permission of the Court. What this means is that a child or the child's guardian cannot grant you a usufruct on the land. This is because you can not give a minor child an obligation.

The first thing to understand is that title to the structure of the house and title to the land are normally the same thing. This is because when you own chanote-titled land in Thailand you own everything on it. This is the same in many countries. There is very little freehold/leasehold of houses and land in Thailand, although it can be done. If a piece of land has an existing house or structure on it then it is going to be difficult to split the title for the structure away from the title of the land. If, however, you build a house or structure from new then there is much more chance of separating the title. However, even if you build a new house you still need the land owner's permission to put your newly built property on their land, so you end up in the position of needing a lease or a usufruct. A residential lease can be for a maximum of 30 years. After this period you have no rights to an extension unless the land owner agrees. A lessor can give a lessee a contract of any length or duration, however a residential contract longer than 30 years will not be valid if anyone tries to enforce it in Court. This is because a contract, even if entered into willingly by both parties, cannot supercede statute law. What happens after 30 years? If your lease is for 30 years then you either leave the property under the terms of the lease, or you try to renegotiate a further lease. A new lease will of course involve payment of further sums of money. Another way of viewing a lease is paying all of your rent in advance in one go. If you have a contract for a 30+30 year lease then if the owner of the land is content you can just keep living on the land. However if the land owner wants you to vacate then things could get a little messy as ultimately the law will be on the land owners side. Consider that the original owner may sell the land to another party before the 30 years has expired, or more commonly, the original lessor dies and their beneficiaries now own the land. The beneficiaries may wish to sell the land at full market value, which would mean they would not agree to another lease, or that they would not honour the original 30+30 year contract. In Thai law, they are certainly not bound to honour the +30 part of the contract. Another option is to have a usufruct for the duration of your life over the land and everything on the land including any buildings. With a usufruct for life you have the right to occupy, improve and use the land in a non-destructive way until you die. Understand though that with a usufruct you do not own the land. The land will have to belong to someone else, and when you die the encumbrance will be removed and the owner can take possession of the land and anything on it. A third way is to own the land through a limited company. This option has downsides and upsides. It can work well, or if you involve the wrong people you can lose everything. Buyer beware with this one.

eurseree auction in Bangkok used to be the place where you would find stamp/coin/medal experts. Their website has not been updated for a while, perhaps due to covid and the ban on gatherings in one place. They still have contact details listed though: http://sale53.eurseree.com/

Just an idea, but to save money and increase your flexibility, have you thought about making your own cables? There is not much to it. You can buy 100 meter drums of cable, some end plugs and a cheap RJ45 crimp tool. There are many videos on YouTube about how to do this, such as the one below. Just start with some very short pieces of cable. You will get the hang of it really quickly and it's a good skill to have. If the end plug breaks for any reason you can re-terminate it yourself, instead of probably buying a new cable.

An off topic post has been removed.

Off topic posts have been removed.

I found this video about a sand battery quite interesting. I know with Thailand the main issue is cooling things down and not heating them up, but still, I think the video is worth a watch.

Moved to the UK Home Country forum.

Moved to the British Consular forum.