habuspasha

This sounds like the kind of place I am looking at. What makes it likely to be renewed? That it is gated? expensive? numerous villas? Are the lease holders really the lessors? It seems hard to believe that people who spend tens of millions for some of these are stupid or unaware of how things actually work.

Some years ago I came very close to buying a villa where the GF would own the land and I would own the building. (We decided against the particular place after engaging the lawyer.) Can I assume I can do that today? If so, does the leasehold become effectively a freehold for the two of us? Even if we're not married?

Anyone with experience purchasing a leasehold, especially in Phuket? Have heard many warn against, but also many saying it can be done. Seems especially difficult to extend beyond 30 years, but some say that can be done too. Any guidance would be appreciated.

I did, thanks. I've been a college professor and historian. Teaching a new class of college students every year kept me thinking young. Just had to stop because of the threat of covid, especially to my ailing wife. Now, don't miss it a bit.

Just retired and about to turn 82, I hope to move to TH and settle in with my 41 yr old GF for 3-6 months a year. Looking for a villa near the sea to start life, stage 3. Hope I'm not delusional. Certainly feels better to plan for upswing rather than decline.

The MD? I need a lawyer's due diligence and arrangement of secure leaseholding and proper finance accounting. Someone with local knowledge of Kata/Phuket would also be desirable. I am looking at villas in Katamanda estates.

No. Still Looking. Those I've communicated with tend to be more interested in their charges and unable to answer simple questions.

I'm glad I gave up driving at 81 when I retired and didn't need to drive myself the 50 miles to work. Also gave me time to go to the gym daily and lose about 40 pounds. GF at 40 keeps up with hula hoop, home weights and gym, dropping about 6-7 kilos down to 46-7. When it comes to ageing, I recommend the state of denial.

Are these "different contracts" the mortgages referred to here? Fortunately, however, there are far better legal means than the “Secured” Lease that do provide actual long‐term lease security and without any downside to the developer. This can be achieved by securing the pre‐paid renewal terms with a mortgage over the land plot in question. It is a simple and straightforward legal structure that provides security for the investor and, therefore, a marketing opportunity for the developer. If so, how does this work? I was under the impression that farang cannot secure mortgages.

I need a good lawyer to help with the purchase of a villa in Phuket. Any recommendations would be greatly appreciated.

What would you say to this excerpt from PULSE: Protected Leasehold / Corporate Freehold What is protected leasehold property ownership in Thailand? Protected leasehold means that the owners at the estate not only have a lease for their condo, villa or other property, but they are also shareholders of the Thai limited company that owns the freehold (chanote) of the property. Owners can therefore control the renewal and issuing of leases themselves, and do not have to worry about a lease expiring or change of terms. This means that the leases can be renewed in perpetuity during and beyond 30+30+30 years. Protected leasehold is therefore pretty much the equivalent of Freehold Ownership in Thailand when it comes to ownership security.

Bravo! Interesting and gutsy. Looking forward to no.2. But I will miss reading the weekly.

To which Thingamabob says: "Like New York or London?" And we are supposed to laugh. But it's not funny. As I read this Bangkok is 171, even Phuket is 72, and New York is 28. Yes I'm living in New York so I can breathe the air. I hope to be able to live winters in Phuket.

Can you wire more than $20,000 for the purchase of a condo?

I was asking about a leasehold sale. not just a lease. It seems that one of the ways in which the 2nd and 3rd 30 year periods are protected is when the lessee becomes part of the lessor as well. Has this now become common practice?

8 Steps to Success Buying Property in Thailand (2012) warns readers considering the purchase of a leasehold that the offer of 30+30+30 year leases is not the equivalent of a 90 year lease because only the first 30 years is legally protected by registry in the Land Office. The 2nd and 3rd 30 years are not legally guaranteed; they are only contracts between the lessor and the lessee, made if they or their designated successors are known, alive, and willing at the later time. The author points out that the law was still undeveloped (in 2012) as few leases had run 30 years. My questions: Are the legal protections now stronger than they were in 2012? What are they? Can renewals now be registered by the Land Office, or are they still only contractual? Can anyone recommend a lawyer to help provide the protection the lessee needs to assure a 2nd and 3rd thirty-year lease.

Thank you, Spidermike , for such an extensive comparison between the US and TL. But if I haven't done this before, I want to offer a couple of caveats. Not just my NY to your California, or my older generation to yours. Certainly things were easier growing up in the past. But California was the model in providing a free university education (that certainly was far better than anything available in Thailand then or since). And you did not have to grow up in socialist Santa Monica to benefit from government controlled rents. In NYC I pay 75,000 baht/mo for six rooms with a river view in central Manhattan (though others pay triple that on the "free" market). I benefited from other "socialist" supports, like a tenured teaching job for fifty years with state supported medical benefits, and now medicare in addition to more universal medicaid for my dying wife. I pay virtually nothing for medical care that would bankrupt others without these advantages. It is shameful that the are not available to all. Eventually I hope to live in Thailand about half the year. I enjoy the weather during our winter. But I wouldn't imagine it if it didn't involve the chance to be be with my full-time girl friend full time.

I particularly enjoy Michael Caine and have seen many if not most of his other films, though not this one. But I have to point out that "Noises Off" was a Michael Frayn play from 1982. I saw it then or shortly after on Broadway and though I don't remember what it was about (a consequence of farce), I remember it was the funniest evening in the theater I ever spent.

Sorry. I was 200. Now 160.

I was 70, ten years ago. I did not not eat well or exercise. I weighed 100 pounds. Today I weigh 60 pounds, exercise almost daily and have a gorgeous and supportive Thai "wife" who is 40 years my junior. With the aid of intermittent fasting and life extension meds, I expect we will be together for another 40 years.

I'm looking for a good psychotherapist for my Thai wife, whose English is limited. She is dealing with anxiety related to perimenopause.

If I am, I can't be slaughtered before I'm in my '80s after a very happy life with some beautiful, loving women, the last of whom at half my age has been with me for ten years. Your attitude, on the other hand, leads to daily slaughter, self-inflicted.

What this teaches me about 90s Gangsta Rap is that it must be incredibly misogynistic and the last place in the world to look for advice on winning a girl

I don't know if there's any point in adding to the non BritMan emerging consensus, but --Same here. I was 72 and she was 32. Now I'm 81 and she's 41. I take care of her. She does and will take care of me. But let me tweak the acceptance of this new enlightened wisdom a bit. We tend to write of fixed types in this thread: of bar girls, pros, educated, HiSo; they are either good or bad; manipulative or naive; needy or independent. We want to characterize the girls (and the guys) in a fixed form when they meet or make the contract. But aren't we all many of these characters at different times; and don't we change as people affect us? Isn't it possible that one combo of qualities draw us together in our 30s and 70s, and a different combo does it in our 40s and 80s, but the attraction remains, even deepens?