NorthernRyland

I was just curious so I Googled. This sounds like total BS to me. Sakong Nakhon seriously? Scrolling around on ventusky.com it says Mae Suai is only 28c right now. Maybe a weather front is moving in. Besides mountain peaks though, where is the coolest average temps in Thailand?

Where is a min of 23c? Doi Inthanon is 23 now so maybe that's where they mean.

I feel like the law holds more power in the minds of the Western person. There's a long history of "a mans word is his bond" and legal traditions that are part of the culture and pride of the people. I simply don't see that in Thailand and so I speculate you could get burned badly if you bring that mindset into Thailand with you and expect the same outcomes.

The way others are explaining these laws it gives the impression effective land ownership is trivial and just a matter of a document signed at the land office. I wonder if the higher courts got involved they would rule such usufructs issued to foreigners are illegal.

and there it is. I see land for sale in CM at ridiculous prices and yet the neighbors are all dirt poor and similar land is vacant for decades. I think it has to do with the gambling mindset of Thai people and magical thinking. 4 million is not a huge amount but 10 rai is a lot and imagine what you would need to put on it in order to make an ROI. If it was that valuable it would have been snatched up already.

That's what they say here in Chiang Mai too! People from BKK are buying everything, hurry up before it's too late. It's true to an extent but clearly overstated from what I can tell.

11 years with a women and it costs half your assets. What a world...

no AC or was he spending too much time outdoors?

and btw, what do you account for this 10x price increase in 11 years? I think land in Thailand may be in a bubble fueled by debt, which has largely peaked as people are so indebted today. It's not worth 40 million now is it? 2004 = 400k, 2015 = 4 mil, 2025 = 40 mil??

This seems more reasonable to me and likely to be enforced by a court. however, eventually you do need to transfer for it to living person I would imagine. So long as the family doesn't inherit the property while you're still in it and they kick you out before you can sell it etc...

You had to give her 100% of the value of the land? Maybe that allowed you to keep your house the UK though...

would you accept some income tax and a 300 baht over tourism fee instead? 🙏

I used to work &0 a week too. I don't miss those days.

This is where it's questionable to me. For all intensive purpose he owns the house and has full title to it. Is that not against the spirit of the law? A few weeks ago I saw a story in Chiang Mai where an entire Chinese sub division got busted for fraudulent use of Thai nominee controlled businesses (can't find the link now). If it's so easy to simply to get a usufruct why didn't they just do that? Don't bother making a company or even transfer the land to a new owner. Simply go to the land office and make a usufruct and now the foreigner has full rights? I wonder if the land office is fudging the law in order to issue these in the first place.

what he did was kind of sneaky, got the usufruct then married after all the documents were signed. The woman was ok with it apparently. I'mm just curious what would happen in court if they got divorced and contested the house.

but can it be your asset if the laws prevent foreign ownership? I question they would hold up in court.

I'm giving the wrong impression here. I don't mean Europeans aren't criminal, I simply observe a strong trust in laws within the Europeans (I mean American, Canadian etc... too) when compare to the Thai people. In the mind of the Finnish guy Jay he has a piece of paper which gives him a sense of security because he believes the system will protect him. Thai people in my observation don't have this same trust because they know there is a corruption in the officials and the paper is only as good the person willing to enforce it, which may never happen. I've never gone through the legal system in Thailand but I don't trust it because I see the Thai people themselves don't trust their authorities. That's my only point.

The idea is he gets to sell the house, keep 100% of the profit then have his name removed, nothing the Thai national can do right? That feels like ownership to me and why I'm skeptical if a judge would see it any different.

Ok here is that video I saw about the paper work. I'm very skeptical you can get around Thai laws this easily even if the lawyer says it's legit. Good luck to the guy though.

Not sure what other documents he signed but he was very sure of himself and his legal work. I think, he thinks if he gets divorced he can own 100% of the land and sell it at his leisure. If you can't sell the land and you can only inhabit it it's even more worthless because then you're stuck with her family in some little soi.

No idea what you're even talking about. Laws in Thailand are often seen as a mere suggestion and can be gotten around. That's my observation at least.

You seriously want to go to bat for the Thai's and their adherence to laws and legal culture? Seriously?

Ok so the prenup part is something I ASSUMED because he took this sneaky route of building the house and getting the usufruct BEFORE he was married. He didn't say anything about the prenup but I have to assume he would do that too because it seems like what he's doing is being clever with the law and getting to own land in Thailand without a Thai national being involved. This is the crux of the issue and what I'm skeptical of.

The mind of a child. Welcome to Thailand.

I was watching house build videos on YouTube and came across this Finnish guy who has built a home in Buriram in the village of his (then) girlfriend and now I see he's gotten married. When I say in the village, I mean he's surrounded by her extended family and even sharing a water main with them. The very idea makes me cringe but very well. This is interesting to me because earlier before they were married he an acquired a usufruct on the new property and now since getting married I assume he's signed a prenup with the 25 year old Thai girl. Is the Finnish man very clever and beaten the system of foreign land ownership in Thailand or is he trying to beat the legal system by following the letter of the law but not the spirit of the law? It seems everything is well and legal but personally I don't trust Thailand (or Thai people in general) to strictly adhere to laws in the same way Europeans do. My guess is that if there is a divorce the property will still be contested despite all the documents. I have no evidence for this but it just "feels" that way given how easy it was for him to effectively skirt the law. For example it could be left to the judges discretion and if he seems this as a clever way to circumvent the law.