ballbreaker
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Posts posted by ballbreaker
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I suspect using emails or talking to bank on the phone will not get you satisfaction. Not sure about other banks but Bangkok Bank has a nice official account complaint/problem form (not sure what form was called) you fill out at bank branch of your account. My account was debited for an amount I never received last year and I completed one of these forms and funds were back in my account a couple day later after they investigated.
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Death and compensation benefits do exist for death on the job. The labor department should have all the details or they will point you in the right direction.
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It should be easy because the company that currently owns condo is selling that asset. The owners of the company will be responsible for closing down the company.
Since a foreigner cannot own more than 49% of Thai company it requires a power of attorney from vote of share holders I suspect. Remember at least 2 Thai people own 51% of the company and perhaps lawyer and someone he knows are those 2 people.
Make sure your purchase contract states you are only buying the condo asset from company. Also confirm you agree at most to only pay the transfer fee (2%) from below listed transfer cost.
Transfer Cost
Transfer fee rate= 2% the buyer or 50/50 split Specific Business Tax rate= 3.3 % the seller (if owned less than 5 years) Stamp duty rate= 0.5%* the seller (if owned more than 5 years) Withholding tax (income) rate= 1% or progressive rate** the seller (as this relate to the seller's personal or corporate income tax)
If you feel uncomfortable walking through process on your own what's another 5k-10k baht to hire someone if your spending millions of baht on purchase.
Four years ago I used Lek at Pattaya Real Estate & Consultants after she was recommended by several people. At that time it cost 5k baht for her to review my contract and accompany me to land office and insure all ducks were in line before I handed over cashiers check. Her office is located on Pattaya Tai a couple shops past Soi 10 going toward Sukhumvit.
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Srinakarin does your AGM always have minimum of 25% of owners attending meeting?
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If meeting had valid quorum and vote taken with 50+ percent of owners approving sinking fund resolution then you must pay. I also think replacing all pipes in common area's a major repair and should be paid out of sinking fund. I generally think the maintenance fee is for minor repairs and maintenance, staff salary and any outside vendor contracts.
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The transfer fee is 2% but there are other taxes also due at time of transfer. The contract should state who pays. The 2% transfer fee usually split between buyer/seller. All other taxes/fees should be paid by seller.
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The article you link talks about proposed changes to annual property tax rates not sale of property transfer tax rates.
Transfer tax rates were reduced sometime in October 2015 but change ended on 28 April 2016.
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I deposited personal checks in the past and bank always said it would take up to 45 days before it appeared in my account. In my case it always took 30-45 days to appear in my account. I stopped because the checks cleared my US account within 7 days but took another 3-4 weeks to show up in my Thai bank account.
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Suggest you read Book 4 Sections 1387 through 1401, which covers Servitudes, of Commercial and Civil Code of Thailand.
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Mazda CX 5 is no bigger than X-Trail. I have CX 5 with 2.5L engine and its great.
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Always do mine a couple weeks in advance.
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Yes at Nana post office located on Sukhumvit near Majestic Suites. Cost is 500 baht for a year. Needed item of mail that had been mailed to me at my physical address. Also needed passport.
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Class 1 insurance is much cheaper if you are listed as only driver of vehicle. Anyone else drives the car and its not covered by insurance.
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OP its better to send £800 because its a better exchange rate if done in Thailand.
Look into having MIL get Bangkok Bank account and send transfer to London branch of BB using MIL new BB account number.
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Perhaps we have a legal expert who will know if following process could be used to recover unpaid condo maintenance fees.
Thailand has something called Kwaeng Court or District Court that handles small claims not over 300,000 baht. Using this process is much faster than a normal civil case.
The plaintiff, condo JPM, would verbally present the case to the court on scheduled date without a lawyer but it will require the plaintiff to prepare all documents to file the legal complaint to schedule court date. A lawyer could be used to draft the complaint if JPM was unable to prepare document with the help of staff at court house.
If the court agrees the plaintiff has a valid case a court order will be issue directing the defendant to pay debt.
If the defendant fails to make payment under terms of the court order the plaintiff reports to the court and ask court to appoint a legal execution officer. The plaintiff would provide asset information of the defendant (condo in this case) to legal execution officer and he would move forward with selling property to cover debt.
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Google search for "thailand property transfer fee reduction"
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Victory Monument but perhaps a long walk to hospital.
Ikea is to far from any BTS station but at one time Ikea ran a bus from one of the BTS stations past OnNut but not sure if still offered.
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Our condo uses English version of Quickbooks Enterprise. I do not think version is available that allows switching back and forth between English/Thai. Our Thai accounting person has no problem using English version.
It does everything else you mention. It also has something called audit trail that cannot be turned off. It records any entries that are made in Quickbooks which makes it easy to know who has made a mistake and what was changed including time and date.
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Snooker place (Inter Snooker Club) on Naklua Road. Going north from roundabout at Pattaya Nua and second road its just past Soi 16/2 on the left side.
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You can lease or get an usufruct from her mother but not from your wife if you are legally married.
Not correct. I have an usufruct from my wife duly registered at the land office
How do you reconcile that with item #6 in post #22?
I'm not asking to be a wise ass, I am curious. I have heard the same, that any contract between married folks in Thailand is problematic.
Can anyone shed some light?
A usufruct between husband and wife can be registered at land office.
From Thailand Commercial and Civil Code: Book 4 Chapter 4 Property of Husband and Wife
Section 1469. Any agreement concluded between husband and wife during marriage may be avoided by either of them at any time during marriage or within one year from the day of dissolution of marriage; provided that the right of third persons acting in good faith are not affected thereby.
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Summary of good advice plus a few other items.
1. Use a good lawyer.
2. Invest only what your willing to walk away without.
3. Obtain usufruct or lease while land still in MIL name b4 transfer to wife.
4. Also obtain a superfices while land still in MIL name.
5. Any contracts should be entered on back of chanote.
6. Contracts between married couple can be cancelled by either party at any time.
7. Make sure building permit and contract with builder are in your name.
8. If you obtained the superfices, building permit and builders contract in your name I think you will be issued blue house book with you as owner and wife added as resident.
9. You will need to apply for yellow house book that will list you as owner and resident.
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Street vendors are happy to exchange. 7-11 takes the 25 and 50 stang and other coins also.
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If you have Bangkok Bank account in Thailand give broker Bangkok Banks New York address and your account number in Thailand. Do not mention actual account location. BB NY will forward to your branch in Thailand using your account number.
Its worth a try.
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I do not remember how many days after wife's death I waited to get will processed by court but all was completed 3 and a half months from death. I think it will depend on how busy court is in your area.
Social Security from US
in Home Country Forum
Posted
The info you seek can be found at link below.
https://faq.ssa.gov/link/portal/34011/34019/Article/3739/What-happens-if-I-work-and-get-Social-Security-retirement-benefits