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Everything posted by John L.
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Transfer ownership of sor kor 1?
John L. replied to sanook 1's topic in Real Estate, Housing, House and Land Ownership
Sor Kor 1 (ส.ค. 1) is only a notification of possession based on a law of 1954 called the land code. It was issued decades ago to farmers who occupied state land. It is not a title deed and carries very limited rights. The person may live on the land and farm it, but you cannot register a sale, lease, mortgage, usufruct or any other real right at the Land Office. The document can pass to heirs, and in many areas it may be upgraded. First to a Nor Sor 3 (I think unless it changed) and later to a Chanote (full title) after a new survey and a public-notice period. Get info directly at the land department. -
I’ve seen countless expats go through the same maze you’ll soon be facing, so let me give you the practical realities in the simplest terms I possibly can. Aliens still cannot own Thai land in their own names, and the state is cracking down on the ‘nominee’ work-arounds. Phuket’s been the centre of some high-profile inquiries in the past, with the Ministry of Commerce and the BOI publicly prosecuting companies which use Thai paper shareholders. Form a true Thai company. You are allowed to own up to a maximum of forty-nine percent of the shares, there must be at least one true Thai partner (typically multiple ones in the majority). The company can buy the land, but is required to meet Foreign Business Act requirements and show genuine business activity, payroll tax, social security for the staff, proper bookkeeping, annual audit, etc. If the inspectors find out your Thai partners are paper tigers, the land is liable to be confiscated and the directors prosecuted. Apply for BOI promotion. Tourism-related projects that bring significant foreign currency or promote “creative economy” activities sometimes qualify for full foreign ownership of the business, and, under the December 2024 BOI notification, limited land ownership for office and residential use is now possible. BOI status also streamlines work-permit and visa processes, but the bar is high: you must hit minimum-investment thresholds, present a solid business plan, and file quarterly reports. Take a long-term lease plus a right of superficies. The usual structure is a 30-year lease, with one or two renewals written in, paired with a registered superficies so you legally own the buildings you erect. It gives you effective control for 60–90 years without violating land-ownership rules, and it is widely accepted by Thai banks and courts if drafted correctly. Talk to someone like Sebastien H. Brousseau. He knows property law. Instead of buying raw land, buy a resort-style condominium project. You can own the units in full and then lease them to an operating company if your model is able to function like serviced apartments with common facilities. It bypasses restrictions on the land but is restricted to projects where the foreign quotient (forty-nine percent of saleable area) is still available. Avoid the "small events on the side" until you comprehend licensing. Even an evening of a DJ can invoke hotel-plus-entertainment licences, liquor licenses, neighborhood noise curfews, and excise-tax registration. Neighbors object; police show up. Budget for the eventualities. Work-permit and visa fundamentals. You must have a non-immigrant “B” visa (or BOI sponsorship category) first, prior to the issuance of a work permit. You cannot convert a retirement visa to a work permit. You must display two Thai workers for every foreign if you are the spouse of Thai national; otherwise four. The workers must be on social security and must be paid minimum of the area minimum wage. Include an estimate of 120 000 THB in the cost of government fees, legal drafting, and accounting to establish the compliant company, secure the visa, and grant yourself a one-year work permit. Renewals on an annual basis cost approximately half of the foregoing if your books are in order. How are the other foreigners doing it? The honest ones are doing some variation of the options outlined above. The unscrupulous ones are still utilizing nominee structures, but the heat is so intense that what once constituted “customary practice” five years ago now attracts hefty penalties in the form of fines, deportation, and asset forfeiture. If somebody tells you “everybody does it” without bringing up up-to-date legal opinions, do you think to yourself. "goodbye"? Action plan. Use some of your funds to do a comprehensive feasibility study through a Thai lawyer or good legal advisor like I suggested. Perhaps even a tax advisor. Chart the figures for each structure. startup cost, yearly compliance, exit strategy. When you have your preferred path, fix the land through a conditional reservation agreement while your team does due diligence over title, zoning, environmental laws. Good luck turning that six-figure fortune into a restaurant that is approved by inspectors and lets you fret over creating an unparalleled experience for the guests.
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Petchabun is nice, the 5 buddhas temple. Loei too. Try to see the "Thai Dom" village not too far from Chiang Khan. I think Phi Ta Khon festival is just around in Loei.
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Marriage renewal visa money in the bank.
John L. replied to dario713's topic in Thai Visas, Residency, and Work Permits
Any bank. Update your bank book on the same day. Previously get a letter from your bank, maximum 7 days, showing your balance. Letter + Bank book needed. Had Kasikorn for years. -
Why You Should Get a Thai Wiil.
John L. replied to Jumbo1968's topic in Real Estate, Housing, House and Land Ownership
Cheapest and best service I saw for Last Will is ThaiLaw Online. 3,900 baht. -
access denied to enter in thailand
John L. replied to kiwi147's topic in Thai Visas, Residency, and Work Permits
Seem cheap. I saw Channanat Leeds at 9,000 baht per hour for the same, -
What is real happiness is not having any purpose? What is Nixon was bias by religion?
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must be signed by 2 witnesses and some hospitals have regulations that over 3 years, they won’t respect it.
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I read something else that even if the assets is separated 50-50, the prenup can be used in foreign countries and can also add management of property and useful clauses. Limiting spousal support for example.
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Check Thai Law Online. Nice page about Living Will. I can't post the link. They offer Last Will and Living Will at good rate. Consultation at 1,000 baht for 30 minutes, online. No need to travel.
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Sebastien is now at Thai Law Online.
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A lawyer won't help the speed but can help for papers. Foreigners can NOT adopt through the family office of the amphur as written below. It works only with the DSDW in Bangkok. I know that Sebastien H. Brousseau helped a friend to adopt children. He is based in Bangkok and works for a law firm.
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There isn't much in Sisaket. The Aquarium, the 1 million bottles temple. Try this site : https://www.sebastienbrousseau.com/aquarium-of-sisaket/
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Private Sale Agreement
John L. replied to Naus71's topic in Real Estate, Housing, House and Land Ownership
In Thailand, a sales contract between private individuals, including for real estate such as a house, does have legal value even if it is not drafted by a lawyer. It must be clear, lawful, and signed by both parties. Title deeds are important. As stated before, the land department will do a contract. But a lawyer can avoidvmissing clauses essential for enforcement (penalties, remedies). or whe it is vague or ambiguous terms may render parts of the contract unenforceable. On top, due diligence. You should be able to find a lawyer under 20K, maybe 10K. When you buy a property, it is important. -
Try Cuckoo's nest. Bryan is a nice guy.
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What about North VPN? I use that. Thank you.
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A word was removed. Thai Law Online.
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Nobody should rely on a simple template when creating a usufruct agreement. A strong, well-drafted contract can give you far more protection and flexibility than any template ever will. If you read the detailed guide on usufructs published by <removed>, you will quickly understand why. It explains important rights and options that basic templates often ignore or leave out. Also, be cautious: websites like ThaiContracts are not operated by Thai-registered lawyers.
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Under the U.S. Constitution, only Congress can pass new tariff laws, so the president cannot raise or change tariffs on his own authority. He may impose duties without Congress only if he declares a national emergency—most often under Section 232 of the Trade Expansion Act of 1962, which allows action when imports threaten national security or critical industries. Even then, those emergency tariffs are temporary and subject to legal review, underscoring that long‑term trade policy still depends on collaboration between the legislative and executive branches. He thinks he is over the law.
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This week, two significant topics are making headlines: 1. The constitutional court decided equality rights in cases of adultery. I saw it in the news, clause 1527 of the Commercial and Civil Code of Thailand. 2. Additionally, the Senate has passed rights for gay marriage. The approval of the King is required (which is typically just a formality), as well as publication in the Royal Gazette. If I'm not mistaken, it should become valid 120 days after publication. The delay depends on the law. Clause 1527 has to be changed according to the Court in the next 360 days.