EricTh Posted March 1, 2022 Share Posted March 1, 2022 Can somebody tell me what are the pros and cons of 30 year lease versus usufruct with regards to one-time cost, annual tax, land and house ownership. Which is the better option for a foreigner? Link to comment Share on other sites More sharing options...
mahjongguy Posted March 1, 2022 Share Posted March 1, 2022 I was told that a lease is the only option if the house is second-hand. That in general you get a usufruct before construction of the house. Link to comment Share on other sites More sharing options...
topt Posted March 9, 2022 Share Posted March 9, 2022 On 3/1/2022 at 9:37 AM, mahjongguy said: I was told that a lease is the only option if the house is second-hand. That in general you get a usufruct before construction of the house. Very definitely not true. Not sure why you would have been told that. I have a second hand house and have an usufruct on it. @EricTh this has been discussed on here before so if you haven't already looked maybe worth trying searching via a search engine - since AseanNow search function can be less than stellar...... Link to comment Share on other sites More sharing options...
dinga Posted March 9, 2022 Share Posted March 9, 2022 34 minutes ago, topt said: Very definitely not true. Not sure why you would have been told that. I have a second hand house and have an usufruct on it. @EricTh this has been discussed on here before so if you haven't already looked maybe worth trying searching via a search engine - since AseanNow search function can be less than stellar...... Me too - but in addition to the Usufruct (which I think more relates to the use of the land - say for agriculture), I have a Habitation Agreement that provides I can live in the house until I Kark it. Suggest you get both - proformas provided by the Land Office for minimal cost. Link to comment Share on other sites More sharing options...
EricTh Posted March 9, 2022 Author Share Posted March 9, 2022 6 hours ago, topt said: Very definitely not true. Not sure why you would have been told that. I have a second hand house and have an usufruct on it. @EricTh this has been discussed on here before so if you haven't already looked maybe worth trying searching via a search engine - since AseanNow search function can be less than stellar...... I've tried searching but the search engine is a real pain to use with no results. A link would be more useful Link to comment Share on other sites More sharing options...
topt Posted March 10, 2022 Share Posted March 10, 2022 8 hours ago, EricTh said: I've tried searching but the search engine is a real pain to use with no results. A link would be more useful Which is why I suggested searching on whatever your preferred engine was - Search string in DDG aseannow+forum+usufruct+vs+lease First result - Link to comment Share on other sites More sharing options...
sanuk711 Posted March 10, 2022 Share Posted March 10, 2022 Are you married?---or are you just looking for an agreement with someone that owns the land. If you are married and looking for safety there---then I am in agreement with topt---- no agreement will help you, from your wife. If your just looking for an agreement from a land owner-- is 30 years enough for you? Link to comment Share on other sites More sharing options...
KhunLA Posted March 10, 2022 Share Posted March 10, 2022 usufruct much better, and not much debate to that fact Link to comment Share on other sites More sharing options...
gearbox Posted March 10, 2022 Share Posted March 10, 2022 9 hours ago, EricTh said: I've tried searching but the search engine is a real pain to use with no results. A link would be more useful Try searching with Google by adding at the end of the search terms site:.thaivisa.com or site:.aseannow.com Link to comment Share on other sites More sharing options...
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