shortstop2 Posted March 27, 2022 Share Posted March 27, 2022 In the event that my long term Thai partner predeceases me can I inherit our condo listed in her name? I do not have a Thai Company. No kids. Is there a provision in the law that a farang can inherit but then must quickly sell the condo. Also OK would be if I had use of the condo until my eventual demise and then the condo could revert to other Thai family members. What is the best way to accomplish my objective of not losing our condo if she dies first because I am not a Thai national? Link to comment Share on other sites More sharing options...
Delight Posted March 28, 2022 Share Posted March 28, 2022 If there are other Thai family members -when your wife dies -then her assets pass to them. If there were no family members at the point of your wife's death -then the condo passes to you for a limited period-i.e. 12 months. The condo has to be sold to a Thai during that 12 month period. In such circumstances you may be able to transfer the asset to a Thai company ,which you have control of. If you inherited a house-then using the company route is unlikely to be a useful outcome-from your point of view. 2 Link to comment Share on other sites More sharing options...
Will B Good Posted March 28, 2022 Share Posted March 28, 2022 What have you done about a will? Link to comment Share on other sites More sharing options...
chuang Posted March 28, 2022 Share Posted March 28, 2022 Think not of death but happily ever after... Link to comment Share on other sites More sharing options...
Hamus Yaigh Posted March 28, 2022 Share Posted March 28, 2022 42 minutes ago, Delight said: If there were no family members at the point of your wife's death -then the condo passes to you for a limited period-i.e. 12 months. The condo has to be sold to a Thai during that 12 month period. But foreigners can own their own condo in 49% cases? Why must the sale go to a Thai? Link to comment Share on other sites More sharing options...
shortstop2 Posted March 28, 2022 Author Share Posted March 28, 2022 1 hour ago, Will B Good said: What have you done about a will? She plans to get a will. But before we talk to lawyers, I want to understand as much a possible about what is possible. 1 Link to comment Share on other sites More sharing options...
shortstop2 Posted March 28, 2022 Author Share Posted March 28, 2022 (edited) 1 hour ago, Hamus Yaigh said: But foreigners can own their own condo in 49% cases? Why must the sale go to a Thai? It's not part of a foreign quota. We could form a Thai company but that would incur fees every year and I am quite likely to predecease her. Edited March 28, 2022 by shortstop2 1 Link to comment Share on other sites More sharing options...
FriendlyFarang Posted March 28, 2022 Share Posted March 28, 2022 If there is free foreign quota you could probably just transfer it in your name. In case there is no foreign quota then you probably have to transfer it to a Thai (or company) name within 12 months. 1 Link to comment Share on other sites More sharing options...
userabcd Posted March 28, 2022 Share Posted March 28, 2022 1) Statutory heirs Thailand Chapter 2: Division into Portions Between Several Classes and Degrees of Statutory Heirs Section 1629. Classes of Statutory Heirs There are only six classes of statutory heir and subject to the provisions of Section 1630 paragraph 2, each class is entitled to inherit in the following order: descendants; parents; brothers and sisters of full blood; brothers and sisters of half blood; grandparents; uncles and aunts. The surviving spouse is also a statutory heir, subject to the special provisions of Section 1635. 2) Statutory Inheritance 1620-1628 3) Inheritance laws 1 Link to comment Share on other sites More sharing options...
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