BukSeedaLao71

Hi there, I am not sure if I am the best person to answer your question but I have "bought" property in Thailand before. My wife was Thai and I did the 30 year lease agreement. She owned the house and land as it has to be in her name; foreigners cannot own land or homes in Thailand. The lease agreement is solid in so far as she cannot sell the house because it has been leased to me for 30 years but in turn I cannot sell the house either. Also if I wanted to kick her out I could because for all intents and purposes I have paid her 30 years rent in advance. That being said, many arguments get settled out of court sometimes with "plomo" in extreme circumstances. Would I want to give a lawyer ownership to my property? No way, but thats just me. If you go the company route I do believe there is a way (but I am really not 100% sure because I have never done it) that you can give yourself the majority of voting shares and/or have a caveat that no directors can convene a board meeting to make a decision without you present and that your signature on a document for perhaps sale or rental or mortgaging of the property is required so technically nothing can be done behind your back. However, signatures do get forged in kahoots with "lawyers". Another potentially risky thing with a company set up is that doing it thru a lawyer with nominees is technically illegal IF all the shares of the money being put into the company are not coming from the nominees bank accounts into the original property sellers account to whom you are acquiring the property. So unless you are prepared to drop the 3 way split of 51% of the value of your property in cash into 3 unknown Thai peoples bank accounts and rely on them to deposit the money in the property sellers account its not really legal. The Thai govt. know this and so do the lawyers and its been going on for decades. However, a number of years back (I dont remember how long) a Thai politician wanted to rescind all foreign ownership of land and was talking of investigating all Company set-ups and forcing sale if they were found dodgey; which would have amounted to 99% of them I would imagine. Luckily some Farang big hitters with massive multi million dollar investements in Thailand arced up and the Thais were forced to back down. So either way, with my limited knowledge, both alternatives are not satisfactory to me. But thats just my 2c worth. Personally, I own a condo and if I buy land again, which I may do in the future, I will form a company with my son who is not long off 20 years old and has Thai citizenship and deposit the 51% of funds into his bank account first before we purchase. I will just make sure he knows his inheritance is worth more than the property hahaha.

Thanks Khun Per......that is great news!

Its something that my son's mother has concerns about. I was unaware of the possibility that being registered on another tabien ban could affect my son's inheritance of property left to him from his mother either. Just thought I would get a few opinions before I contact a lawyer friend.

I would say the Thin Brown Line and the Wigs will making paydirt on the wealthy Rock Spiders and old Somchai the Kiddy fiddler will be getting a bullet in the back.

Maybe the blokes get caught but there are loads of women and ladyboys in Thailand that molest underage kids and facilitate in their traffic. Death penalty for these scumbags is the most sensible thing I have heard in a long while......big jump from a 200,000thb fine ????

So I need my wife or wife's mother (housemaster) to swan down to the local ampur office in UT and have them remove my son and we are good; correct?

Hello there, My son has Thai citizenship and was born in Chonburi. He was on my first wife's Tabien Ban (his mother). I remarried some years later and my son and I moved to Udon Thani to my current wife's home (we are currently separated) My son had to be removed from his orginal tabien ban and on to my current wife's tabien ban so he could attend the local school which he did for 1 year when he was 15. His mother (my first wife) has come into some money and wishes to buy property and wants to leave it to our son but says that if my son is on my current wife's tabien ban there could be legal inheritance problems. Pertinent facts: My son is now 18. We are currently in Australia. So if my son wishes/needs to change back to his original tabien ban what needs to happen? Do we need the signature/co-operation of my current wife (or possibly her mother who may be the Tabien Ban holder)? Or can my son just front up to an ampur office and "remove" himself ? Does this transfer process have to be done in Udon Thai or can it be done in Chonburi (where he was born and his mother's tabien ban is registered) ? Thanks in advance for any respondents advice; it's greatly appreciated. cheers, S.L.