Mangostin

I seem to recall this EXACT SAME THING happening in Europe about 75 years ago when Hitler gave all his SS commandos police powers.

That worked out great didn't it?

Last week the .PM was on TV around 9:00 pm. He said something along the lines, that children who see their parents doing something wrong or damages the countries image, should tell to stop doing it. English subtitles. I thought at the time is this how it started in 1930s Germany? What next encourage the children to report their parents?

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Sometime i really struggle to understand what you people really means when writing things like that....

Looking forward to hear what Human rights organizations have to say about this 'Democratic' decision .

You mean the saudis??? They'll probably just behead anyone which doesn't agrees with it, the world is doomed.

why don't they just make is wear a yellow star on our clothes?

So let's resume, someone first tell us that it's not possible to sell a chanote with a usufruct in place, all been loudly asserted by people presumably sharing their drink's time together with this person, then someone else pointed out that this was clearly wrong and went on a bit further to explain on why someone would try to cheat other into believing this, then the same guy, inadvertently came out to confirm that theory and show his cards on the table, alright then, thanks for your time, it was really entertaining

Always worth to remember, that even if you have full use of the land, you are not actually owning it, this means that at the end of your contractual time (which can be for as long as the whole life of the usufructee + (that's a PLUS, yes..) 30 MORE years, the land will be returned to the owner, that's why is legal, it's up to you to make it worth the effort during your tenure though

Don't drink on what titanium's scarecrows are trying to let you believe.....just read and understand, that's it

- Courtesy of somebody which doesn't have any vested interest into telling things as they actually are -

Somebody buying a piece of land that has an usufruct in place, it's probably just someone in no rush to have it back, nothing new really, plenty of people stocking up on chanotes.

The reason why many land office would try to deny something to a foreigner, which it's perfectly legal, it's because this kind of contract protect the foreigner with a minimal expense from its part, so, no there is no wonder for anyone not wearing rose tinted glasses on why this can sometime be harder to obtain, however, they could deny to you anything, not just that, so, logic would suggest that if someone it's having that kind of problem, it would be necessary to take some further legal steps, not a big deal, really....

Again some WRONG and MISLEADING information.

The LandOwner CAN still sell the land, but the new owner will be subject to the same restrictions as the previous owner, so, in fact, this will restrict the number of people interested in purchasing that land, as the person having control of it remain the usufruct's holder.

The law also entitle the usufructuary to sell the privileges of his contract to someone else, and if it's been stipulated for "life" (always the life of the original usufructuary, not the new one or the LO), even if the original usufructuary die, it will be valid for a maximum of 30 years from his death.

Now, the question that people should ask theirselves, is, whom has an interest into discrediting the validity of an usufruct, writing completely FALSE informations?

Perhaps some agencies which knows that usufruct are much more difficult to obtain, so, suggesting to make a different contract at the expenses of their clients, will make their lives much more easier and profitable??? Beware people, beware, there are plenty of unscrupulous individuals around.

People here are making a MASSIVE mistake.

Basically this originated by the fact that, *someone*, doesn't seems to understand the meaning of a very basic word of the english language, which is "BETWEEN" , just try to Google that up, and then read again that law that was quoted on this thread.

I will sum that up for you to make your life a little easier.

You will be safe with a usufruct, as long as that was not given to you by your wife, so, if that's the case, you can continue to sleep safe, goodnight.

Thanks guys i really appreciated all your valuable info.

I make up my mind on this and decided to just give Thailand a large and wide skip for any future business investment, i think Cambodia makes much more sense for any foreigners wanting to invest around here, which doesn't have the availability of very large funds...

SoVATdaCrap

Thanks Southernstar, that surely can give a good idea of the costs involved.

I am wondering how some of the foreign business i saw around, can possibly manage to stay open, some of them didn't even had thai staff in sight, mmmm maybe it's better to just skip the whole topic and think about something totally different....how sad.

Why are you mentioning schutzstaffel?

Because he wrote " SS payments", i wasn't sure of what he meant, so i used Goggle to check and that's what it came out with, then i connected this to many other things i noticed while travelling around and that was the reason for the remark.

Thanks Tonray, so does that means that the rule "4 thais for every foreigner" it's still in place?

Also, i know that there is a local trend for nazi stuff, but to pay for schutzstaffel it's not a bit too extreme even for this place???

I did not read all replies, but for personal experiences i can suggest the following to you:

1) Never ever let the ATM do the FX conversion for you, most likely that question will appear on the screen (not to all of them but most), so, just choose "NO" and continue without conversion (as they will always inevitably give you the worse one and they cash in on the difference, if you as on why the ATM it's not giving you a better exchange rate that you just checked previously online or anywhere else, they'll just give you a lame excuse as "mashine not updated, sollyy", that's if they say anything back.

2) Take the maximum allowed amount to minimize the damage, some ATM can spit out more notes than other, notably in touristic areas or the likes.

3) If you can, as you are just here for a short time, come with cash, then change it at one of the many "grey market" money shops around, it's all legal and they will give you better rate than a bank.

I read that someone was suggesting going to the cashier inside rather than use the ATM, when i did that, i have always been charged more and not less, however that was by using a local debit card, not sure about a foreign card, but i would expect a similar deal to the one outside, maybe with no choice about the conversions....

Hi,

could someone please give me a general idea of the cost involved into opening a new business and keep it open for a year?

By this i mean, not how much a building would cost to buy or rent, but taxations and unavoidable compulsory payment, as the accountant which it's probably around 10.000 every 6 months, and work permit costs.

This will need to include a work permit for 1 foreigner (are 4 thai worker still required to be on the payroll for each alien???).

That's for a new company presumably making between 10k and 30k a month in the beginning.

Thanks.