1 hour ago, KhunHeineken said:

If we take a typical condo in a southern tourist area, like Pattaya, the foreigner dies, the Thai missus is from Issan and wants to return to live there and be with family.

So, after some paperwork, she puts the condo up for sale, along with hundreds of others.

Her ATM has passed away, so she has no monthly salary. He may or may not have left some cash. If he was living on a pension, very possible he was using the 65k method, or an agent. No 800k, or savings.

So, she's the proud owner of a condo in a southern tourist area, but has no money to buy food. In effect, asset rich, cash poor.

She gets more and more desperate, dropping the price several times, still no sale.

Eventually, she drops it to a fire sale price just to draw out some buyers, in which it may or may not sell, and they are currently not selling, even at fire sale prices.

Does the scenario sound familiar? 🙂

So, what has the foreigner actually left her, a bill for ongoing taxes and fees. 🙂

Unless a deadbeat farang hopefully he would have thought of his death, a property alone isn't enough, needs money to get by. Most farangs who aren't drinking all the time know that

1 hour ago, KhunLA said:

Not if wisely purchased. Why sold at fire sold, or at all, as wife may enjoy simply keeping it, living there, having a vacation, or income if renting it out.

Buying anything here is not wise. 😂

Most of these women move back to Issan. They want the cash. Simple as that.

1 hour ago, KhunLA said:

Why, cash wouldn't appreciate, not can rent cash out, legally.

The property value is declining. At least the bank will give the Thai lady some interest, albeit, small interest.

1 hour ago, KhunLA said:

Buying property (wisely) is never a bad investment. It's an appreciating asset, plain & simply. Best thing to buy IMHO.

You don't even own the property in your own name and you call that "buying property wisely." How wise are you to put it in the Thai girl's name? 😂 😂

1 hour ago, KhunLA said:

Unless of course, bought with fake company, and you have no wife or trusted Thai to transfer it to. Then you'd be selling at fire sale price.

Or, a Thai lady just want to liquidate and move back to Issan. 🙂

1 hour ago, BritManToo said:

Obviously all foreigner share condos are worthless.

Yes.

1 hour ago, BritManToo said:

But my wife inherits my pension, so not a problem she will encounter.

Sure, but a lot of elderly foreigners think they are doing the right thing by leaving the condo to the Thai missus, which is only good for her if she can sell it. Until it sells, it's a liability, in the form of taxes and fees.

1 minute ago, KhunHeineken said:

Buying anything here is not wise. 😂

Most of these women move back to Issan. They want the cash. Simple as that.

The property value is declining. At least the bank will give the Thai lady some interest, albeit, small interest.

You don't even own the property in your own name and you call that "buying property wisely." How wise are you to put it in the Thai girl's name? 😂 😂

Or, a Thai lady just want to liquidate and move back to Issan. 🙂

Only in your mind, and since you have no actual experience with anything you state ... well, nuff said

Myself, I'd say pretty damn wise, as I've lived baically rent free, way cheaper since having wives to stick property in their name. Acutally a tidy profit if I liquidated holdings. If not buying property, I probably would not have stayed in TH, as no desire to live in metro area or tourist area, living out of a box condo.

Have a nice day.

1 hour ago, scubascuba3 said:

Unless a deadbeat farang hopefully he would have thought of his death, a property alone isn't enough, needs money to get by. Most farangs who aren't drinking all the time know that

A lot of elderly farang are living here on a western aged pension. Their savings long used up. All the Thai wife will get is a useless condo, not even the 800k.

On 8/15/2026 at 12:31 AM, donx said:

Surely the Thai company holding the land ownership doesn't just say, "Hey, here you go with another 30-year lease on the back of the chanote" without charging something. My concerned is that you may be required to pay the a significant amount of money to renew the lease on the land once again.

Another issue is that you wouldn't be renewing the lease on raw land. You'd also be leasing that nice house you bought and paid for. And what would be the incentive to give you a lower monthly rate reflecting raw land if you're bidding against other renters looking at the whole package (including all the nice improvements you made)?

I've heard guys claim they'd tear down their house out of spite. But I doubt that it would work that way.

BTW, I'm not claiming any expertise, but I understand that any side agreements beyond the 30 years are not legally binding. Maybe even illegal. Someone with more expertise may want to correct me...

6 hours ago, KhunHeineken said:

It's you who is deflecting.

I a have addressed this, and even quoted myself.

I stand by my comment that most Thai spouses will look to sell, get the cash, and return to Issan, after the death of their husband / partner. Do you agree or disagree?

No, you have been quite specific to tie sentiment into property ownership here, despite even the figures showing it's a poor investment, not to mention the laws around foreign ownership of property.

I bet that's your sales pitch as well, as you continue to work here illegally as a sales agent, buying and selling properties.

I can hear it now, "You get to hang a painting on your own wall." 😂 😂

I rent and still hang photos on the wall. 😂 😂

Owning brings a lot more than just being able to hang a picture on the wall--but you know that. I never said that you said 'need' to sell. What you said was have to sell, which is still not true. Nor was I even referring to you in that comment. I was making the point that a declining asset doesn't need to be sold just because it might be declining on paper--that has nothing to do with you. Once again, since your reading retention skills are so poor, what I posted:

"It doesn't mean the spouse need automatically sell it. While it might be a declining asset at that moment in time, that can change in the future--and it's still shelter, it's still a roof over the spouse's head, whether the value at the moment is going up, down, or staying level.

It's also still a potential income earner for the spouse as a rental. I've mentioned several times that my Thai in-laws all have rental properties to help fund their retirements--this would also be an option for the spouse."

And, once again, it is no concern of mine as to what a stranger does with inherited property. I could care less how many return or don't return to Isan--and, it's none of my business, anyway. And, why do you care--it's none of your business, either. If your reading retention skills were better, you'd remember I listed a number of options my spouse will have with our two properties. One of those options was selling both properties and either renting or buying something else--nothing wrong with that, or moving somewhere else, too. Likely not Isan, though, with the relatives in Bangkok.

6 hours ago, KhunHeineken said:

2 hours ago, KhunHeineken said:

A lot of elderly farang are living here on a western aged pension. Their savings long used up. All the Thai wife will get is a useless condo, not even the 800k.

Maybe all your friends & peers are skint, but I don't think any of mine are. Not sure how a condo would be useless, as it is still an asset, to be sold if wanting.

NEWS FLASH: condos are bought & sold every day.

Just think, if say she had a kid with a Yank, that's good for about 20 yrs of income, more than most Thais bring home a month.

Depending how much younger she or he is, still looking good and can find another mate. There is life after your partner dies or you get divorced. Living proof as I'm on #6.

If I died tomorrow, the wife is only 50 (in 2 months), sitting on some nice assets, and still looking fine. Don't think she'll be sitting in the greenhouse crying 24/7 ... life goes on.

She don't need any income from someone else. Because her husband is smart enough not to buy a house with a company, though would be irrelevant, as I'd just transfer it to her. NO LOSS.

Remember the topic, house via company. Your condo what if, isn't even on topic, as he'd own it, again, it's an asset, sellable, if wanting.

Just more ignorant BS from you. You can't even spin that accurately. Give it up, you're just embarrassing yourself.

Edited August 18Aug 18 by KhunLA

3 hours ago, KhunHeineken said:

Yes.

Sure, but a lot of elderly foreigners think they are doing the right thing by leaving the condo to the Thai missus, which is only good for her if she can sell it. Until it sells, it's a liability, in the form of taxes and fees.

Again, not true. As I keep saying, selling is not the only option. The spouse can transfer the condo into his or her name and rent it out, providing income. Or, the spouse can continue to live in it--always good to have a paid for roof over one's head. If a foreigner is leaving a spouse property, likely there will be some money, as well. Also, you keep mentioning 'taxes and fees' like they are enormous sums that will quickly bankrupt the spouse--I pay no yearly tax on my Bangkok condo and the yearly condo fee is less than 25,000 baht a year. We're not in OZ or the US.

6 hours ago, BritManToo said:

Obviously all foreigner share condos are worthless.

But my wife inherits my pension, so not a problem she will encounter.

All 'foreigner share condos' are not 'worthless'. Good grief. What have you been smoking? But, if that's the ridiculous case, would someone please send me all their supposedly 'worthless' foreign quota condos!? Please! I won't hold my breath.

Unless we decide to sell, my Thai spouse will inherit our center city, high-end Bangkok condo, about a minute's walk to the Phetchaburi MRT station--a very desirable area, and getting more desirable. The Mormons just built a spectacular church and headquarters for southeast Asia right across the street and the Singha Complex nearby is a big asset, too. Great area, with a number of nice, private schools and one of Bangkok's best hospitals nearby. Easy walk to the Airport Rail Link when we travel.

I can assure you this foreign quota condo is not worthless. With the company crackdown, I think you'll find that foreign quota condos are going to be attracting a lot more interest as many foreign buyers pivot from company houses to condos where their name is right on the chanote.

As I keep telling KH, selling an inherited condo is one option but it is certainly not the only option. Instead of selling, a spouse could rent the unit out and produce income. My spouse's Bangkok relatives all have rental property and do this. Another option would be continuing to live in the property, with much less money going out each month than renting something similar.

If spouse goes the selling route, he'll net at least 6MB, probably more. How does that translate to 'worthless'? If he banks the 6MB, he could draw out 60,000 baht a month for more than 8 years, spending part of the 60,000 baht for monthly rent. Getting by on 40,000 baht a month would last 12.5 years. With both options, if he continues to work the condo money will last even longer. Again, how exactly is that 'worthless'? Another option would be to bank half and spend the other half on a smaller condo. Good to have options.

1 hour ago, KhunLA said:

Just more ignorant BS from you. You can't even spin that accurately. Give it up, you're just embarrassing yourself.

4 hours ago, KhunHeineken said:

A lot of elderly farang are living here on a western aged pension. Their savings long used up. All the Thai wife will get is a useless condo, not even the 800k.

It is not an unfair point as the probability of a condo remaining unsold for a significant period of time is non zero - the average selling time might be, roughly, 4-8 or maybe as long as 6-12 months (situationally dependent, of course). Not exactly difficult to imagine a scenario whereby the surviving Thai spouse is this put into a serious bind because of this. A bit too easy to say “…to be sold if wanting” as if it would sell with the snap of a finger.

And your response, @KhunLA is to attack the poster? I think we know who is embarrassing themselves here (hint: reread your message).

Edited August 18Aug 18 by TimBKK

5 hours ago, KhunHeineken said:

A lot of elderly farang are living here on a western aged pension. Their savings long used up. All the Thai wife will get is a useless condo, not even the 800k.

More broad comments, based on nothing. I don't know a single western retiree that fits your description--and I've lived in lots of nice Pattaya condo projects and 5 nice housing projects, meeting neighbors in all of them. Have you ever even driven around the Darkside--there are hundreds and hundreds of very nice housing projects, with the homes mostly bought for cash, many in their Thai spouse's name, as ours is. You'll see owners from about any western country you can think of. These westerners aren't living on a shoestring--and neither are the many in all the new, pricey condos that have been built. Of course there some retirees on low monthly incomes but to suggest that 'all the Thai wife will get is a useless condo' is ludicrous.

5 minutes ago, TimBKK said:

It is not an unfair point as the probability of a condo remaining unsold for a significant period of time is non zero - the average selling time might be, roughly, 4-8 or maybe as long as 6-12 months (situationally dependent, of course). Not exactly difficult to imagine a scenario whereby the surviving Thai spouse is this put into a serious bind because of this. A bit too easy to say “…to be sold if wanting” as if it would sell with the snap of a finger.

And your response, @KhunLA is to attack the poster? I think we know who is embarrassing themselves here (hint: reread your message).

I showed, and still show, a keen interest in real estate in my home country, where I own multiple properties.

I show the same interest here, in Pattaya, although I would never buy in Thailand. Full stop.

I have seen many properties on the market here for years, yes, years, with more coming onto the market every week, such is the oversupply.

Now, there's a few reasons for this. One is, a fool bought high and wants the same money back when low, and it's low now. Another reason can be someone can just hold out for a newbie who hasn't got a clue and who will pay over the odds, but I suggest a Thai widower can not hold out like this. Another reason could be factors out of the owner's control have changed. Eg. visa policies, global economy etc. In any case, a lot of properties for sale here have been on the market for years.

In the current Thailand housing market climate, which is now in the fourth year of decline, the Thai widower will have to practically give the place away, or be prepared to have it not sell, for possibly years.

So, what is the foreigner actually leaving her?

4 minutes ago, newnative said:

I don't know a single western retiree that fits your description

You need to get out more.

4 minutes ago, newnative said:

These westerners aren't living on a shoestring-

You just said you don't know a single western retiree living on an aged pension, from month to month. Are you suggestion they don't exist?

7 minutes ago, newnative said:

Of course there some retirees on low monthly incomes but to suggest that 'all the Thai wife will get is a useless condo' is ludicrous.

So, you have contradicted yourself, yet again.

If the widower can not sell the condo, what has she got?

You paint your real estate agent picture of her having a holiday home, a rental income stream, and other fantasies. It's all salesman BS.

She wants to sell, cash out, return to Issan to be with family. Can't sell, all she has is a liability of fees and taxes.

1 hour ago, newnative said:

Again, not true. As I keep saying, selling is not the only option. The spouse can transfer the condo into his or her name and rent it out, providing income. Or, the spouse can continue to live in it--always good to have a paid for roof over one's head. If a foreigner is leaving a spouse property, likely there will be some money, as well. Also, you keep mentioning 'taxes and fees' like they are enormous sums that will quickly bankrupt the spouse--I pay no yearly tax on my Bangkok condo and the yearly condo fee is less than 25,000 baht a year. We're not in OZ or the US.

More fantasy from you. You are dribbling now.

15 minutes ago, TimBKK said:

It is not an unfair point as the probability of a condo remaining unsold for a significant period of time is non zero - the average selling time might be, roughly, 4-8 or maybe as long as 6-12 months (situationally dependent, of course). Not exactly difficult to imagine a scenario whereby the surviving Thai spouse is this put into a serious bind because of this. A bit too easy to say “…to be sold if wanting” as if it would sell with the snap of a finger.

And your response, @KhunLA is to attack the poster? I think we know who is embarrassing themselves here (hint: reread your message).

If the condo is paid for, as the vast majority are, even if it took a year to sell I doubt the spouse would be in much of a financial bind. There would be the yearly condo fee at some point and, if a yearly tax, it would be very small. I pay no tax on my Bangkok condo. So, maybe around 30,000 baht she would need to come up with for fees and taxes, plus any monthly utilities. Not a huge amount.

My first inclination was to state from personal experience that I thought it would be likely that if a foreigner owned property, they would also have some cash to leave their spouse, along with the property. Since I just scolded KH for making a broad comment, I thought I should ask Google:

It is much more likely that a foreigner who owns a condo in Thailand also holds cash assets. Buying property there usually requires proving funds from abroad or substantial local liquidity, meaning these owners generally have higher personal wealth or savings compared to the average non-property owner. [1]

Good to know my first inclination was correct. And, as I have now stated several times, selling an inherited property is not the only option--or a requirement--for a spouse.

2 hours ago, KhunLA said:

Maybe all your friends & peers are skint, but I don't think any of mine are. Not sure how a condo would be useless, as it is still an asset, to be sold if wanting.

No, my friends and peers are not skint.

They are not selling. What part of that don't you understand?

2 hours ago, KhunLA said:

NEWS FLASH: condos are bought & sold every day.

NEWS FLASH - Thailand's housing market is in a four year decline. Western countries are going down the tube. People are retiring later. Western currencies have lost a lot of their purchasing power in recent years. The Thai baht remains inflated. Etc etc etc etc.

They are not selling like they used to. Properties have been on the market for years, yes, years.

2 hours ago, KhunLA said:

Just think, if say she had a kid with a Yank, that's good for about 20 yrs of income, more than most Thais bring home a month.

Just think, say she didn't have a kid with a Yank, or even if she did, the Yank left her and pays nothing for the kid. I actually know a bar girl in this situation.

Wake up to yourself.

2 hours ago, KhunLA said:

Depending how much younger she or he is, still looking good and can find another mate. There is life after your partner dies or you get divorced. Living proof as I'm on #6.

Say she isn't young, or attractive. What's your advice to her?

2 hours ago, KhunLA said:

If I died tomorrow, the wife is only 50 (in 2 months), sitting on some nice assets, and still looking fine. Don't think she'll be sitting in the greenhouse crying 24/7 .

She might pop a bottle of decent champagne. You have let her drink champagne before, right? 😂

2 hours ago, KhunLA said:

Just more ignorant BS from you. You can't even spin that accurately. Give it up, you're just embarrassing yourself.

It's you who is embarrassing yourself.

You think your own personal circumstances are indicative of the majority, they are not.

In any case, the numbers show, the money you spend on property here, invested back in the USA, would have made you far more than what you have in property value here, including rental costs. Smart, I don't think so. 😂

9 minutes ago, KhunHeineken said:

More fantasy from you. You are dribbling now.

My will leaves the assets I have in Thailand to my Thai GF. She can sell or rent out the condo. Or rent out the house in the village if she prefers to stay in town. She can access the 800K after 6 months probate, and has other funds available.

Everyone's situation is different. As usual, you are posting your one size fits all BS.

14 minutes ago, newnative said:

If the condo is paid for, as the vast majority are, even if it took a year to sell I doubt the spouse would be in much of a financial bind.

How do you know this? Her ATM has just died.

15 minutes ago, newnative said:

There would be the yearly condo fee at some point and, if a yearly tax, it would be very small.

I know it's small, but my point still stands, she is left a liability.

16 minutes ago, newnative said:

My first inclination was to state from personal experience

This is hardly indicative of the masses, is it?

Once again, you want to paint this picture of guys that retired decades ago still having a mountain of cash. It's simply not true.

18 minutes ago, newnative said:

I thought I should ask Google:

😂 😂

19 minutes ago, newnative said:

And, as I have now stated several times, selling an inherited property is not the only option-

I never said it was. I simply said they are not selling, so what is exactly being left to a widower who either needs or wants the cash? The answer is, a useless condo to her, because they are not selling.

3 hours ago, impulse said:

Another issue is that you wouldn't be renewing the lease on raw land. You'd also be leasing that nice house you bought and paid for. And what would be the incentive to give you a lower monthly rate reflecting raw land if you're bidding against other renters looking at the whole package (including all the nice improvements you made)?

I've heard guys claim they'd tear down their house out of spite. But I doubt that it would work that way.

BTW, I'm not claiming any expertise, but I understand that any side agreements beyond the 30 years are not legally binding. Maybe even illegal. Someone with more expertise may want to correct me...

I agree although the claims on the website I referenced earlier state that you as a foreigner actually own the house.

That website showed two scenarios:

1. You pay a monthly rental rate for 30 years for the land and after 30 years you are given the "right of first refusal" to renew the lease for another 30 years.

2. You pay an upfront fee for the full 30 years for the land lease after which you own nothing,

These scenarios are assuming you either are attempting to purchase a new property or you are trying to sell your property from an illegally structured Thai company.

I wouldn't want to sign up for either of these options.

6 minutes ago, Lacessit said:

My will leaves the assets I have in Thailand to my Thai GF. She can sell or rent out the condo. Or rent out the house in the village if she prefers to stay in town. She can access the 800K after 6 months probate, and has other funds available.

Everyone's situation is different. As usual, you are posting your one size fits all BS.

No, it's quite the opposite.

Yourself, Newnative, and KhunLA are posting like your own personal circumstances are applicable to everyone. I would suggest they are not.

For the many in different circumstance, if they leave a condo to the Thai missus, under the belief that she can sell it when they pass away and that's her inheritance, if she can't sell it, or eventually sells it at a fire sale, what is actually being left to her, beside a headache, or a distressed sale price?

7 minutes ago, KhunHeineken said:

You need to get out more.

You just said you don't know a single western retiree living on an aged pension, from month to month. Are you suggestion they don't exist?

So, you have contradicted yourself, yet again.

If the widower can not sell the condo, what has she got?

You paint your real estate agent picture of her having a holiday home, a rental income stream, and other fantasies. It's all salesman BS.

She wants to sell, cash out, return to Issan to be with family. Can't sell, all she has is a liability of fees and taxes.

Your reading skills are terrible. I said I don't know any westerners like you describe. One statement--true. I also said there are likely some westerners like you describe. Another true statement. Two statements, both true, no contradiction.

I never mentoned 'holiday home' in any post--again, very poor reading skills. There's nothing 'fantasy' about having a 'rental income stream'. None of my Thai relatives, who all have a 'rental income stream', are living in a fantasy world. Instead, they are living in the real world, smartly insuring their future.

You're the one who needs to get out more and see more variety as to where and how Pattaya expats live. I've lived and owned at a dozen Pattaya condo projects and lived and owned at 5 Pattaya housing projects. I'm 'getting out' a lot more than you--and certainly seeing and experiencing much more with regard to real estate.

31 minutes ago, KhunHeineken said:

More fantasy from you. You are dribbling now.

What was fantasy? Every sentence was simply stating a fact.

5 minutes ago, KhunHeineken said:

No, it's quite the opposite.

Yourself, Newnative, and KhunLA are posting like your own personal circumstances are applicable to everyone. I would suggest they are not.

Please remember I got on that list over a month ago. But I also gave up trying to reason or even debate with you. Invest wisely here and all is fine. Notice the word wisely. It seems thats the one you might be forgetting.

Edited August 18Aug 18 by marin

7 minutes ago, KhunHeineken said:

No, it's quite the opposite.

Yourself, Newnative, and KhunLA are posting like your own personal circumstances are applicable to everyone. I would suggest they are not.

For the many in different circumstance, if they leave a condo to the Thai missus, under the belief that she can sell it when they pass away and that's her inheritance, if she can't sell it, or eventually sells it at a fire sale, what is actually being left to her, beside a headache, or a distressed sale price?

Based on the history of my condo in terms of what I paid and selling prices now, I am pretty confident the worst case scenario will be she gets what I paid for it. The condo is also very popular with renters.

Instead of making suggestions about situations you obviously know nothing about, please post evidence to support your assertions.

On another thread, you have asserted the Australian age pension is taxable at 32% for a pensioner living in Thailand. Please post your evidence there is a single pensioner in Thailand that pays said tax.

5 minutes ago, KhunHeineken said:

No, it's quite the opposite.

Yourself, Newnative, and KhunLA are posting like your own personal circumstances are applicable to everyone. I would suggest they are not.

For the many in different circumstance, if they leave a condo to the Thai missus, under the belief that she can sell it when they pass away and that's her inheritance, if she can't sell it, or eventually sells it at a fire sale, what is actually being left to her, beside a headache, or a distressed sale price?

You may have missed this in my other message to another poster. Basically, if a foreigner has property, he is also likely to have cash, too. Per Google:

It is much more likely that a foreigner who owns a condo in Thailand also holds cash assets. Buying property there usually requires proving funds from abroad or substantial local liquidity, meaning these owners generally have higher personal wealth or savings compared to the average non-property owner. [1]

So, the spouse is likely to inherit cash, as well as a property. Makes perfect sense to me. Likely will not be left in dire straits. Likely has a number of options, as Lacessit just stated. None of us has ever said our 'circumstances are appliable to everyone'. That's total BS. I know I certainly haven't. How many countless times have I posted that 'one size does NOT fit all??? What the three of us are saying is that there ARE more sizes than just one. What we are each saying is this is what I am doing, this is my size. May not be your size, but that's ok. The size is meant to work for me, not necessarily for you.

However, what we keep hearing from you is there is only one size, and that size is only renting. That one size means not leaving property to a spouse, not having property in the first place. Might work a treat for someone single like you. For me, though, with my circumstances that are not your circumstances, your size just doesn't fit--no matter how you keep trying to make it fit by saying it fits you so well. Now, maybe, you wear your size and I'll wear mine and we'll both live happily ever after.

48 minutes ago, newnative said:

If the condo is paid for, as the vast majority are, even if it took a year to sell I doubt the spouse would be in much of a financial bind. There would be the yearly condo fee at some point and, if a yearly tax, it would be very small. I pay no tax on my Bangkok condo. So, maybe around 30,000 baht she would need to come up with for fees and taxes, plus any monthly utilities. Not a huge amount.

My first inclination was to state from personal experience that I thought it would be likely that if a foreigner owned property, they would also have some cash to leave their spouse, along with the property. Since I just scolded KH for making a broad comment, I thought I should ask Google:

It is much more likely that a foreigner who owns a condo in Thailand also holds cash assets. Buying property there usually requires proving funds from abroad or substantial local liquidity, meaning these owners generally have higher personal wealth or savings compared to the average non-property owner. [1]

Good to know my first inclination was correct. And, as I have now stated several times, selling an inherited property is not the only option--or a requirement--for a spouse.

I will simply say that you’ve made sizable assumptions that may or not be fair. I lean towards the latter. Remember, I was speaking in terms of probabilities, not absolutes.

Edited August 18Aug 18 by TimBKK

5 minutes ago, Lacessit said:

Based on the history of my condo in terms of what I paid and selling prices now, I am pretty confident the worst case scenario will be she gets what I paid for it.

I appreciate you honest assessment. It's completely different to that of our resident illegally working real estate agent.

So, even if less that what you paid, still a pay day, if / when it sells.

What Newnative would like readers to believe is it has appreciated. You have said she'll get back what you paid, so where's the investment? Why bother buying it in the first place? You money invested elsewhere would have paid for the rent on the exact same property, and more, and you can leave her cash, no headaches.

10 minutes ago, Lacessit said:

Instead of making suggestions about situations you obviously know nothing about, please post evidence to support your assertions.

I could post a lot more links, but they are all on the first page of Google.

So, are the below credible sources? Is it fake news? Are they lying?

https://www.nationthailand.com/business/property/40067231

https://oceanwwp.com/thailand-housing-market-fourth-year-decline/

https://www.thaienquirer.com/70100/thailands-condo-market-hits-decade-low-as-transfers-lending-and-new-launches-slump/

16 minutes ago, Lacessit said:

On another thread, you have asserted the Australian age pension is taxable at 32% for a pensioner living in Thailand. Please post your evidence there is a single pensioner in Thailand that pays said tax.

You are misquoting me.

The proposed changes to Australia's 90 year old tax residency laws have not been passed into legislation yet, however, in my opinion, it's only a matter of time before they will be.

Currently, I, and aged pensioners, slip through the net.

When Australia moves to a physical presence and time based tax residency model, similar to Thailand, things will change.

BTW, that tax is not 32%. It's 30% from $0 to $135,000.

6 minutes ago, newnative said:

Basically, if a foreigner has property, he is also likely to have cash, too. Per Google:

So, Google knows Thailand's expat retiree community financials. Really? 😂

7 minutes ago, newnative said:

It is much more likely that a foreigner who owns a condo in Thailand also holds cash assets.

No, it's not.

7 minutes ago, newnative said:

So, the spouse is likely to inherit cash, as well as a property.

No guarantee of that.

8 minutes ago, newnative said:

Might work a treat for someone single like you.

It works a treat for anyone who pulls out a calculator. 😂

7 minutes ago, TimBKK said:

I will simply say that you’ve made sizable assumptions,

No, it's sizable BS from someone who works illegally here buying and selling property.