H508

Thanks for all the feedback. I wouldn't have assumed it would go to jungle, haha. We'll do a one year contract with the previous owner for next year and see how it goes. Regarding building on it later, the land is chanote and I could throw a rock and hit the moo baan, so I don't see the problem with building. It already has electricity and water. Maybe I'll need a permit and get local building approval, but don't see that as an issue.

Wife just bought a 7 rai plot of land in Muang Buriram. Currently, it's all rice field that sits right outside of a small moo and 15 minutes to the center of the city. In 15 years when I (we) retire from the USA, we'll move there and build our main house and have a little hobby garden & pond with this 7 rai parcel. The question comes up in what do we do with this land for the time-being? It's about an hour away from her family's village so it's too far them to use. Do we: - Allow the neighbors to farm the land? Both the previous owner and the independent sales agent (and probably next door neighbors) said they'd work something out with us (pay us some money for use of the land, or what my wife seems to prefer is just X bags of rice that we can give to her parents for their personal use each harvest) - Allow it become completely fallow? I think the answer may reside in the middle somewhere - allow it to farmed for rice for 5-7 years, then 5 or so years let it be fallow/grow cover crop, then a few years before we move we can figure out the final plan for the land. Any thoughts from those (possibly) older and (definitely) wiser than I?

I looked at the article but it didn't give any more info. I'm going to be purchasing land mid January; I wonder how much I'm saving when I split the tax 50/50 with the seller... Edit: found another article with all the details. For me: Measures to reduce the registration fee for housing rights and juristic acts in 2023 by reducing the registration fee for transferring real estate from 2 percent to 1 percent and reducing the registration fee for real estate mortgages from 1 percent to 0.01 percent for trading at Residential, including single houses, twin houses, row houses, commercial buildings, and condominiums (both first-hand and second-hand houses), only with the purchase price and the appraisal price not exceeding 3 million baht and the mortgage amount not exceeding 3 million baht per contract.

I like how the video closed that democracy is back in the nation with Rama X lol.

That stings. Reason/justification given and what was the ultimate fallout with the girlfriend on this topic?

Absolutely causes more harm than good. For the majority of Thai people that are poor, instead of saving money and providing a better life for their kids, they're having to spend that money on parents instead, so they're never moving forward. Granted this is more in general and not specific to the article which deals more with lawsuits.