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danfoss5000

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Everything posted by danfoss5000

  1. I'm expecting maybe in the 10 to 15m thb. Expected customers maybe retirees from western countries (with thai wife) or cashed up russians buying thru a company or anyone that would normally buy in phuket or samui but getting priced out or sick of the overdevelopment there. Looking on property websites examples of smaller blocks with smaller pool villas asking between 8 and 20m thb. I understand that is just asking price not sale price but it gives a ballpark. The house plan I'm looking to build is about 300m2 (which includes patio all around the house) 4x bed 3x bath and will be on 1600m2. L shape open plan house with all bedrooms and living areas opening onto the patio facing pool with mountain view, will also build a separate guest bungalow later (plan below). Examples of asking prices in the area: 150m2 house, 750m2 block, asking 9m thb https://www.fazwaz.com/property-sales/3-bedroom-villa-for-sale-in-sai-thai-krabi-u5345014 220m3 2 bedroom house on 450m2, asking 9m thb https://www.fazwaz.com/property-sales/2-bedroom-villa-for-sale-in-ao-nang-krabi-u5364416 280m2 4 bedroom house, 1600m2 block asking 20m thb https://www.fazwaz.com/property-sales/4-bedroom-villa-for-sale-in-ao-nang-krabi-u1649462 200m2 3 bedroom house on 400m2 block, asking 12m thb https://www.fazwaz.com/property-sales/3-bedroom-villa-for-sale-in-ao-nang-krabi-u5341937 The land House design
  2. Initial advice from legal FYI for anyone following thread Below are our initial observations based on your notes 1. Individual / Company Structure Individual ownership (via your wife) is more simplified. However, if multiple villas are sold over time, the Revenue Department may treat this as a business, triggering Specific Business Tax (3.3%), withholding tax, and income tax, even though held in indiviudal’s name. Company ownership allows better tax planning, especially for recurring sales. You can deduct actual expenses (landscaping, build cost, interest, etc.), and only pay corporate income tax (20%) on net profits. However, annual accounting, audits, and compliance costs (approx. THB 50,000 per year) must be factored in. 2. Tax Efficiency and Sale Strategy Regardless of structure, some cost efficiency can be achieved by structuring sale contracts to allocate transfer taxes and duties to the buyer (common in the property market). We can advise on how best to draft these terms to remain enforceable and market-acceptable. If this is a one-off sale, selling under your wife’s name may suffice. If you aim to sell multiple units over time, establishing a Thai company early on (before subdivision or construction) is likely to result in better long-term efficiency and fewer tax risks.
  3. Hi I'm considering a long term (10 year+) plan to develop some land in Krabi. Details below. My wife has approx 4 rai in Krabi with good mountain view, quiet area maybe 10 or 15m drive from Ao Nang tourist area. I have a lifetime usufruct in my name over the land. We are looking at subdividing it into 4 or 5 lots, all lots will all have road frontage and mountain view, then building a 4x3 decent size pool villa on the first lot for ourselves to live in. Quality western style build. Our theory is that Krabi tourism will continue to increase over the next 10 years and land prices and demand for this style of property will increase over that time. There are already a number of pool villas around the area. \\ Basic plan is: Step 1 Subdivide into 4 or 5 lots We have already spoken to the Krabi land office and this land is ok to subdivide Step 2 Build first pool villa and live in it (house plan will be lodged with land office in my name) Step 3 Once built and garden established etc live in it for a year then advertise for sale, if it sells for decent profit, sell If it doesn't sell for decent price who cares, live in the nice pool villa forever, advertise it again every year or 2 until it sells for decent enough profit, no rush to sell Step 4 If it sells, use the profit and repeat step 2 and build on the next lot Step 5 Rinse and repeat until all sold \\\ I guess my goal is to minimise any applicable capital gains or others tax so the question is: * should this be done thru a Thai company or is there no tax advantage to doing that? * should the Thai company be setup and land transferred to company prior to step 1 or does it not matter (ie can it be done at step 3 and asset then transferred to company once build etc)? We will also consult a good lawyer however just wondering if anyone has experience with doing anything similar, ie subdividing and selling off land or land/house thru a Thai company vs selling as individual. Thanks for any replies Daniel
  4. Have got a quote from Sam
  5. we dont need this crap in thailand, this is why people are leaving the west, deport this self righteous 'journalist' ASAP
  6. they young fella got a new set of cannons and just wants to show them off
  7. thanks will check fb, yeah will dig septic tank
  8. Yeah thats right, when I say big changs Im talking about towers, most Australians would agree
  9. I have those same symptoms after a few big changs
  10. sounds like the dude <deleted> around and found out
  11. never can tell, you might get a surprise later
  12. Hi, does anyone know any suppliers that sells 20ft insulated containers like in the picture below? I will be building a house and want one as a site office/accom fir the duration of the build. Will install a insulated panel wall and small bathroom in one end, and kitchen bench. I can buy from China but would like to avoid the customs headaches if there is someone who imports them in Thailand already. Thanks
  13. Agreed with other poster, a lot of the ads are just fake to get you to their car yard where they can hustle you into another car.
  14. Australia is exporting their convicts back to the rest of the world now?
  15. Officer probably went above and beyond and confirmed that she indeed was doing the sex work
  16. did you find any builders? Im looking to build pool villa in krabi early 2025 as well
  17. dude needs to suck on an orange instead
  18. They see me rollin' They hatin' Patrollin' and tryna catch me ridin' dirty Tryna catch me ridin' dirty Tryna catch me ridin' dirty Tryna catch me ridin' dirty Tryna catch me ridin' dirty
  19. Hi My understanding is that you are only allowed to do land border crossing from Nong Khai to Vientiane as a 'visa exempt' 2x times per year? Is this correct? Someone told me they recently lifted this restriction but cant find anything online to verify this? Thanks
  20. Sounds like every 7-11 counter I go to, Thais ducking and weaving in front of the farang at every opportunity, must think they are driving or something
  21. Did you crush a couple up for them too?
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