kurt88

Really & truly I'm not intersted in the business. It's just an extra bonus. What i'm interested is to purchase half the land to build my house on it. If I can legally get the land I would like to rent it back to him for a few years because he still has a few huts built on it. Like that i don't have to get involved in the running of the busines. All I want is to build a house to use for a month or so every year. He is happy to mangage his resort on half the land. His problem is that his partner wants to sell forcing him to sell out too because the land title is on his name & partners with a resort built on it. He still loves the business & would'nt want to leave. Downsizing is his resort would be his best option & I would be happy to have my house next door.

I have a business proposition from a long time Thai friend who owns a resort with his thai partner. His Thai partner wants to sell out & on the land title they have both their names on it.(no company has been formed). What option do I have? My friend wants me to own half the land & open a company to together to run the Resort. How possible is it & what are my options if things go wrong! Any Ideas?

I'm new to writing on this blog & I can't find any info on how a usufruct really works. How long can a usufruct be in use? Can it be tranfered to my wife & kids(foreigners)? Is this a better option than a 30X30 Lease?

Thanks