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stgrhe

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Posts posted by stgrhe

  1.  

    Leasehold is the same as Chanote (freehold) but with a "minor" distinction, you don't own the land on leasehold but you own the house. Lease is normally 30+30+30 years. Who knows what happens after the first 30 years.

    Tear it down after the lease runs out or burn it, your choice.

    You can't own land as a person here in LOS with the Chanote title, you have to form a company to be able to do it and then you can only own 49% of the shares in a company, unless you are an american citizen, than 100%.

    Price doesn't differ much between the two.

     

    KamalaRider, there are a number of false statements in the post: First, most people who lease land do also lease their house. However, the ownership of the dwelling(s) can be separated from the land, but only if certain procedures are taken. Thus, one doesn't automatically own the house even if the lease contract say so; Secondly, the maximum legal lease period is 30 years, not 30+30+30 as stated. Furthermore, the 30 years lease is only valid if the lease has duly been registered at the land office, else the maximum lease period will be reduced to 3 years irrespectively of what the lease contract says; Thirdly, the 'company route' mentioned is illegal period! Although this is common i Thailand but that does not mean it is legal.

    OP, if your wife is Thai, buy the property or settle for a condominium in your name if you are hesitant to buy in your wife's name. If 'she buys' you have better alternative to secure posessory rithts than leasing. A usufruct or a superficies are both much better alternatives than leasing.

    I forgot to mention, American citizens may own a company in Thailand 100%, BUT SUCH A COMPANY IS NOT ALLOWED TO PURCHACE LAND!

    • Like 2
  2. The Thai baht is not pegged to the US dollar but the US dollar has a significant impact on its currency. The US economy has improved a lot at late with improved unimployment and trade figures; this has strengthen the US dollar against many currencies, not least the European currencies including the EURO. Another important factor, related to the US economy, is that the US will probably be self-supporting in oil within a couple of years. This because shale oil descoveries.

    The economy in the EURO-zone is currently poor and what makes it worse is that the German economy (the locomotive of the European economies) hasn't improved and the EURO is further burdened by the devastatin stagen of the Greek economy. With regards to the European contries outide of the EURO-zone, those countries have, for the most part, their major trade partner in Germany, not the US.

    With regards to the Russian rubel, it is hampered by the trade blocade due to the Krim invasion and the military support to the Ukrainian rebels. Furthermore, Saudi-Arabia is pumping oil like never before to put pressure on Iran and Syria. This has led to a significant drop in the oil price on the spot market. Both of these two major factors are the reason for the drastic depreciation of the rubel.

  3. The Sunday buffet at Dusit Thani has started for the season and it is superb. For Italian food I would go to La Grappa or the newly opened Andreas. Andreas was the head chef at La Grappa before he opened his own restaurant opposit Intercontinental. Apparently OP doesn't like French food but Le Bistro near Villa Market is an excellent French restaurant. Le Bistro, La Grappa and Mondo Vino have the same owner.

    • Like 1
  4. Good practice is to incorporate a clause that states that the new lessee will take over the former's all rights and obligations. Furthermore, it is not clear what OP means when he states the condition of the lease agreement. The document that matters is the one signed at the Land Office and if this document are missing some rights by the lessee despite such rights are written in a lease contract, such rights are void.

  5. It is quite simple actually. The validity of your visa lives its own life and it is during that time you are allowed to enter Thailand. As soon as you enter the Immigration officer will stamp the duration of permitted stay in you passport, which is not the same as the visa's validity.

    It can be confusing because so many people call their 'temporary permission to stay' for 'visa', which is formally incorrect even if the Immigration staff use the same terminology.

  6. Actually, a few weeks ago a major rehersal was conducted in Hua Hin by the health authorities of Thailand. The scenario was someone arriving at Hua Hin Airport but while on board had started to get ill with ebola sympthoms. I was acting as the ill person. On arrival at the airport the 'aeroplane' (a bus) was met with several ambulances and I was taken to Hua Hin hospitals isolation ward dressed in 'moon clothing'. The individuals who had been seated around me on board the 'aeroplane' were also transported to the hospital for isolation and check-ups.

    The whole scenario was recorded live and broadcasted around Thailand as an instruction film. I think it functioned well and everyone knew what to do.

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  7. OP

    1) You don't have a contract.

    2) Even if you have had a contract it would be void unless it had been duly registered at the Land Office. This because your rental time exceeded three years.

    3) The new owner can ask you to vacate the premises immediately unless you agree on terms.

    4) Ensure you allways have a correctly worded contract or find another place.

    • Like 1
  8. According to Thai law, anything you own prior to the marrige (legal one) will remain private property while anythin you acquire while married will be common property. Hence, should a divorce take place you will each own 50% of the common property and this also includes value of land purchased whilst married.

    A pre-nuptial agreement must, again according to Thai law, be registered at the same time as the marrige registration; else it will not be legal.

  9. I wouldn't say a platinum ring is wrong but that depend very much on the lady, her education and social status. However, as platinum is a very hard metal. resizing isn't easy although doable. When I bought the engagement ring for my GF I asked about the ring size beforehand, and she was ok with that. Also, if you chose to travel from the UK to Thailand, by e.g. Emirates, and thus use Dubai as a transit hub, you would save a bundle buying the ring at Dubai Airport. They have hugh selections there. Furthermore, if you chose a ring made out of gold, chose 18 carat, not 20 or higher. The reason for that is that the stone sits solid in an 18 carat ring whereas in softer gold she risks loosing it. Explain this to your GF and buy Thai gold for the wedding.

    Good luck to you both!

  10. I am very interested in how you will be allowed on the plane to Thailand if you intend to get a 30 day visa exemption extension after you arrive. If your outward ticket is MORE than 30 days from your entry, will they let you on the plane. ? Please let us know how you get on as I have always anticipated this as a problem.

    Not all travellers buy tickets that cannot be changed so a change of travelling date is easily done with a flexible ticket.

  11. Your fiance is right, you should not use anything above 18 carat for a ring if the stone is valuable as higher carat gold is soft and there is a greater risk of loosing the stone. However, many dealers in Bangkok deals with 18 carat gold. Go to a dealer in one of the top malls. If your fiance wants a diamond remember to go for quality first, not size. If you have the budget for it, buy a certified diamond and make the ring. Also, if your fiance prefers white gold, I would strongly recomend platinum instead, is has much better lustre, is harder but regretably also more expensive.

    For certification never ever accept a so-called 'in-house' certification made by the dealer. The best reputation of the certification authorities have HRD (which is an abbreviation of the Dutch “Hoge Raad voor Diamant”) whereas the American GIA have had some mishaps.

    Good luck to you!

    • Like 1
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