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rhapsody

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Posts posted by rhapsody

  1. Dear Friends,I am at the beginning of a pig pasturing project and need some basic information to get started. 1. How many pigs would you recommend I keep per acre?2. What breeds are best suited to this kind of pasturing?3. What housing structures are needed in a free-range pasture set up? I look forward to any advice and thank those of you in advance for your invaluable help. Best wishes,

  2. Hi guys,

    I know that this subject has been covered many times on this forum, but there seems to be conflicting information. I am seriously considering buying a house in my wifes name and i was wondering what is the best way to transfer money from my UK account to my Thai bank account. Have there been any changes to the legislation regarding this type of transaction?

    I would really appreciate knowing the correct procedure for doing the above and also the bank charges (ball park) involved at either end. i am aware of the usefruckt and also the fact that I can't own land in Thailand.

    Any advice will be appreciated.

    Cheers, Rick

    Hi Rick, a veritable minefield of conflicting information and as many responces as the number of people you ask.

    I have heard that a new law suggests that 'they' can confiscate a house bought by foreigner's funds for a Thai resident. If the amount you are transferring is more than $20,000 then you will need a TT3 form from the bank and a covering letter stating that the funds are being brought in for 'House/Property purchase'.

    If less then you just need a copy of the statement showing the foreign transfer and deposit.

    The good news is that charges are reduced (until December 2009 I am told) to ensure the market is kept fluid.

    This relates to transfer charges down to 0.01% (of appraised not purchase price).

    Also, seller taxes are reduced from 3.3% (average) down to 0.1%

    Stamp duty remains at 0.5%

    I have just completed a purchase (last week) so this is as fresh as it gets.

    Hope that it is helpful.

  3. Could anyone tell me where I can find the actual amounts I will be charged for purchasing a condo?

    Everyone talks of the tax, stamp duty, transfer doc, sinking fund, insurance, maintenance but not the numbers.

    I am also told I do not need a Tor Tor 3 as I am paying less than $20K.

    But will a bank statement showing my overseas transfers for the last 6 months suffice?

    Appreciate any help and thanks in advance.

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