dick turpin Posted January 18 Share Posted January 18 Always thought you could only rent rice paddy by the rai at an annual rate Now understand you can rent say five rai for an up front payment of 150,00 baht and retain the land until the owner wants it back at which time he will repay the 150,000 baht. Anyone gone this route and come across any pitfalls. My sage of a mother-in-law says it is worthwhile if you can keep the land for several years. Link to comment Share on other sites More sharing options...
farmerjo Posted January 18 Share Posted January 18 (edited) I have heard of up front payments for a crop like sugar which you get 4-5 years out of one planting. But only for payment to cover that cycle which is around 1000 baht/rai x 5 years so 5000 baht/rai in advance. Farmers don't tend to rent in long periods for fear of squatters rights after 10 years. Well thats what they believe around here. Edited January 18 by farmerjo Link to comment Share on other sites More sharing options...
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