Delight

As I see it you do not need contract, What you must do is both parties go to the land office and transfer your name to the chanote. I describe the simple circumstance assuming that you are Thai national.. Given that you are not a Thai national-then you will need to set up an accountant such that a Thai company can be set up. If the advise is such that this is not possible-then the deal is off. However the current owner can lease the property for max 30 years. you will typically pay the full price -for the lease. After 30 years the control reverts to the official owner.

You will need a FET (foreign Exchange Transaction certificate) This document proves that the money for the condo purchase came from outside Thailand. If you use Swift then all is simple. If you use Wise then on the drop down you have to select Funds for long term stay in Thailand. This part you must get right.

It is possible that trump will remove the tariffs in exchange for something. The possible something is for all the affective countries to exchange their dollar supplies for their own currencies ..Doing this over a short time period. This could cause the dollar to depreciate by maybe 15%. This is what Trump wants. i

This is her condominium. Legally speaking -you have no say. All that you detail is simply a family affair.

If you decide to pay tax on incoming monies-then you have to volunteer .

There is no equivalent of the Condominium Act pertaining to walled off housing estates. So no requirement for a JPM. If the project is a Juristic Person -then that status protects the individual land owners from being sued for unpaid external bills. That is the prime benefit of Juristic Person status

Generally I like this TV However it will not play my TMN cable TV A socket to accept the co -axial plug exists -just no signal input to the TV can anyone recommend a solution?

An apartment in the condominium where I live is in the Thai 51% The 1st name on the Condominium Title Deed is that of a Thai person(female). The 2nd name is that of a Farang(male). Does this Farang have any rights? Is he a co -owner? What happens if she dies before him?

I think that the marriage visa only applies if the wife is Thai. That you need to investigate. Farang male with Farang wife is unusual. That said currently her status and your status are equal.

If you lease land or property in Thailand -the max. term is 30 years. After that period all goes back to the landlord. Condo management do not have the authority to lease out a condo. If a co -owner dies with no will or heirs then the condo management can rent it out-maybe. The laws in Thailand do not cover this scenario. Typically the condo has been empty for at least 10 years prior to any arrangement. Suspect that a person will be able to rent it --6 months at a time. If common fees go up -so will the rent

The answer to your Q is NO.. As part of the transfer process you will need a FET(Foreign Exchange Transfer ) certificate. This is only available with new money coming into Thailand. In practice you may be able to do a deal with your bank manager. You may have to move your money to a bank with a co -operating manager.

The governments demand that foreigners pay tax is based on income-not based on expenditure. There are a list of allowances. Some of which include A credit s allowed against taxation paid in your home country. This assumes that your home country qualifies If you are over 65 years -then a credit is granted. If you are married-similar. I have never heard of a 'Poor persons ' official status. Suspect that a large % of Thailand's population would qualify Perhaps you could post a link to a government website detailing this concession.

This action is the province of an accountant . Cheaper that a lawyer and safer

Yes they are. I attach a JPEG detailing the responsibilities of both co -owners and developers. The last paragraph references e the developers responsibilities.

It is my understanding that a condominium whose ownership is shared Thai and Farang -then the condominium is not in the foreign quota. This could mean that he Farang only owns 49% of the apartment. Your wife must have a will leaving this property to you. it maybe the case that if your wife dies before you then a judge will specify that the Farang has 1 year to sell.

I first came to Pattaya i.n September 2005. Baht bus was10 p then I think that after almost 20 years a pay rise for the owners of the Baht buses is reasonable. This statement assumes that Pattaya prices will also rise, .

I acquired my TIN and paid my taxation in a short period of time , Stage 1 went to immigration and obtained a TM30. A document confirming your address is essential-that plus regular photo copies of passport. Stage 2 . Visited the Chonburi TRD (Thailand Revenue Department ) . This is located in Jomtien TIN acquired . Stage 3 Paid my tax liability. at the same location. Easy

you need to head towards Jomtien with Pattaya behind you. Straight thru the lights witch has the turn left to Treppasit Rd To the next set of lights Straight thru these lights and immediate left. you will see an overhead sign bearing the name of the office that you are seeking. The Tax office comes to view -it is the only office down there. Past security -office on the right.

Please, please help me to understand Delight replied to Benjamin1975's topic in Jobs, Economy, Banking, Business, Investments That depends on the amount of other income sources. which end up in Thailand The UK has a double Taxation agreement with Thailand-so tax paid in the UK will act as a credit against Thai tax. The UK HMRC website facilitates you to download a document detailing tax paid IN 2024. In the meantime you may wish to spend time understanding this HMRC website such that in Jan. 2025 this tax paid information

That depends on the amount of other income sources. which end up in Thailand The UK has a double Taxation agreement with Thailand-so tax paid in the UK will act as a credit against Thai tax. The UK HMRC website facilitates you to download a document detailing tax paid IN 2024. In the meantime you may wish to spend time understanding this HMRC website such that in Jan. 2025 this tax paid information document can be downloaded. You will need your unique NATIONAL INSURANCE NUMBER. Good luck

there are companies who provide the service which you refer to. However -I am convinced that you only need such companies if you cannot be bothered to do it yourself. Basically it is easy. You will -however -have to get a TM30. There is a Thai website dedicated to provide such a document. I applied some time ago-they acknowledged my request. So far nothing. Suspect that will have to visit immigration. You basic difficulty will be communication with the TRD. Thai language only

The TRD have to decide to employ an inspectorate- not cheap. The temptation for the inspectorate to justify it's existence -it will go for the big money. If you are big money -then maybe you should volunteer. If caught -150,000 Baht fine. AS they say -up to you.

If you live in Thailand for 180 days or more in a calendar year -then you will have to declare your income to the TRD (Tax Revenue Dept.) The process requires that you volunteer to your local office. I live in Chonburi . The local TRD being in Jomtien I paid them a visit They advised that 1) I can only apply in 2025-and this must be done before 31stMarch 2025 2)I must have in my possession a TM 30 plus copies of passport pages. This will facilitate the acquisition of a TIN (Taxation Identity Number) 3) The English language is in the main not used. I speak basic Thai -that helped. If I go again then my Q's will be translated onto word document. I am not sure how the volunteers will be press ganged

Land in Thailand can only be owned by Thai people. The process of diving the land such that one Chanote becomes 5 in easily possible. There will a small administration fee at the land office. Your phrase'I want my name to be put on the chanot of my wife's daughter (although the house is in my wife's name, --is confusing. If you are a foreigner -your name cannot be on the Chanote

There is a website specifically designed to supply a TM30. This document is essential in order to acquire a TIN My application has been acknowledge That was about 2 weeks ago. Since then nothing. I may have to visit immigration to get this issue resolved