17 minutes ago, jvs said:

I believe the only reason so much is being built here is for the sake of money laundering.

One can only consider the money laundered after the property sells, and they are not selling.

I'm not saying it doesn't happen, but there are better ways to launder money then building property in Thailand in an already oversupplied property market.

1 hour ago, KhunHeineken said:

I have given you a direct comparison, one that you are aware of, because you are American.

Here's another one. YOU can buy a property in YOUR own name in my country, Australia.

Yet, we both can not do that in Thailand.

So, a Thai can own property in their name in America and Australia, but we can not own property in Thailand.

Do you see the point I am making? It's not reciprocal.

Of course I agree with this. I have even pointed out that changes in visa laws may see someone unable to live in their own property here in the future.

Once again, the point is, foreigners, including Thai's, can own in your country and mine, but we can't own in Thailand.

And ... do I care

Their country, their rules, as I'm a guest. Live with your choices, I do. If I wanted to own property, for what ever reason, I would have stayed in the USA.

I don't care if I own property anywhere. If I didn't, I wouldn't have liquidated my holding in the USA before I left, and or, I wouldn't have left, either.

Your talking to someone who just doesn't care. Thought that was obvious.

12 minutes ago, KhunLA said:

And ... do I care

Their country, their rules, as I'm a guest. Live with your choices, I do. If I wanted to own property, for what ever reason, I would have stayed in the USA.

I don't care if I own property anywhere. If I didn't, I wouldn't have liquidated my holding in the USA before I left, and or, I wouldn't have left, either.

Your talking to someone who just doesn't care. Thought that was obvious.

I'm sure you would care if your trusted partner scammed you. 😂

1 minute ago, KhunHeineken said:

I'm sure you would care if your trusted partner scammed you. 😂

But she hasn't scammed him, and if I see all the negativity and scaremongering you post in every thread you're involved in, I have such a feeling it are sour grapes and you have been scammed many times in your life

Edited Saturday at 04:06 PM3 days by CallumWK

10 minutes ago, CallumWK said:

But she hasn't scammed him, and if I see all the negativity and scaremongering you post in every thread you're involved in, I have such a feeling it are sour grapes and you have been scammed many times in your life

Happily single. Never sent money for a sick buffalo. No sour grapes. The member admits he was lucky. How many are unlucky with putting the property in the Thai lady's name?

Would you advise foreigners to put a property in their Thai lady's name?

4 hours ago, KhunHeineken said:

Happily single. Never sent money for a sick buffalo. No sour grapes. The member admits he was lucky. How many are unlucky with putting the property in the Thai lady's name?

Would you advise foreigners to put a property in their Thai lady's name?

Finding a good partner in life when I wasn't even looking for, is pretty lucky.

Less luck in USA, as 4 failed relationships in 25 years. Only one failed in the same 25 year period, in TH.

Investing in RE is something I've done since my 20's, so more experience than luck.

@KhunHeineken

Only 'luck' involved, with me & TH, is my wife, besides trustworthy, she a quick learner, and savvy investor. Without her finding land deals, since on Thai sites, we probably would have made less profit selling house #2.

Except for the 4 local land lots, bought after present house build, we paid 'land office accessed' prices for the 6 lots in Udon, and the lot the house sits on now.

Motivated seller in Udon, and back sale on house lot. 4 lots after, were still below 'market' price, but way more than the bank lot purchase of 76k vs 250k & 350k (3). Only bought, because I don't want neighbors. I'd buy the rest (4), on the soi if available.

From watching me maintain first house, and working with builder on 2nd & 3rd house, she could literally build, supervise a crew on building a house, start to finish. Actually do all the work herself, without a crew, except electic, as scares the sh!t out of her.

Cement, block, welding, roofing, plumbing ... yea, same as me, jack of all trades. I rehabbed houses in USA, and a couple of my jobs were construction related.

Amazing woman ❤️

Edited Saturday at 11:37 PM3 days by KhunLA

16 hours ago, marin said:

Not all follow the path that you walked down. My wife and I have bought and profited on several properties here. In addition I have my kids living in California since university graduation. Kids called and wife took me out to a nice lunch on my birthday today. All has been good going on 36 years now.

Unless you are Thai, then your statement "My wife and I have bought..." is factually incorrect :) Your Thai wife bought, not you....

5 minutes ago, simon43 said:

Unless you are Thai, then your statement "My wife and I have bought..." is factually incorrect :) Your Thai wife bought, not you....

That is up to you Simon. The main point of my post was I am not like you. One wife and we are still in love and lovely twins who also love me. I always wonder what you did to lose not only your wife but your kids as well. . When you first posted that your kids disowned you it simply blew my mind. But over the years watching you post I get an idea why.

On 8/2/2026 at 4:46 AM, scubascuba3 said:

How would you liquidate a house or condo bought in thai company name?

I would think one could sell to a Thai then close the company down, or vice versa, or, sell the company to a Thai, for the asking price of the property, or sell one's shares of the company, so basically the company becomes all Thai owned.

Obviously, such a sale would be at a fire sale price. One would have to cut their losses, but at least no chance of arrest, possible imprisonment, deportation, and blacklisting.

39 minutes ago, simon43 said:

Unless you are Thai, then your statement "My wife and I have bought..." is factually incorrect :) Your Thai wife bought, not you....

It's all relative, everything we do is ours, but technically ...

... 1st house, I bought, she owned, I sold

... 2nd house, we bought, she owned, she sold

... 3rd house, she bought, she owns

... land lots, she bought, she owns

7 hours ago, KhunLA said:

Finding a good partner in life when I wasn't even looking for, is pretty lucky.

Less luck in USA, as 4 failed relationships in 25 years. Only one failed in the same 25 year period, in TH.

Investing in RE is something I've done since my 20's, so more experience than luck.

Once again, you are in the minority.

Would you advise people to put the property in the Thai lady's name? That's a yes or no answer.

41 minutes ago, KhunHeineken said:

I would think one could sell to a Thai then close the company down, or vice versa, or, sell the company to a Thai, for the asking price of the property, or sell one's shares of the company, so basically the company becomes all Thai owned.

Obviously, such a sale would be at a fire sale price. One would have to cut their losses, but at least no chance of arrest, possible imprisonment, deportation, and blacklisting.

Thais aren't buying, they haven't got the money and the banks aren't lending, would be tough to get rid of a thai company property unless it's a great deal

36 minutes ago, KhunLA said:

It's all relative, everything we do is ours, but technically ...

... 1st house, I bought, she owned, I sold

... 2nd house, we bought, she owned, she sold

... 3rd house, she bought, she owns

... land lots, she bought, she owns

Once you hand over the money to buy, it's hers. If she buys a house with it, the house is hers, as discussed.

As the member says, "I bought" is not factually correct. By your own admission, you have just been "lucky" to able to continue to have use of the properties.

1 minute ago, scubascuba3 said:

Thais aren't buying, they haven't got the money and the banks aren't lending, would be tough to get rid of a thai company property unless it's a great deal

True, and I have posted data that shows this. The Thai property market is in a 4 year decline, and household debt is at record levels. Oversupply of properties is huge.

Any sale would have to practically be near a give away. Better some return than being arrested, charged, sentenced, deported, and blacklisted.

Why do you think I made the joke, "Now is the best time to put a property in the Thai gf's / wife's name."

How many will be looking to sell their shares in the Thai company to the Thai missus for 1 baht, thus, the Thai company becomes all Thai owned?

1 minute ago, KhunHeineken said:

Once again, you are in the minority.

Would you advise people to put the property in the Thai lady's name? That's a yes or no answer.

Don't know about the minority, as about 95% of folks I personally know are still happily married, or dead, and live in the home till death.

Depends on the lady, and no different than the USA. Not quite sure how you don't understand what I post.

If skeptical, could always have her sign a POA, like I did with 1st wife. If she were to say no, then that's all you need to know ... next 😂

So I'm guessing you got burned, and now you don't trust anyone.

I / we bought = I / we paid for, thought that was self explanatory.

Last reply to you as you seem to want keep repeating yourself, as if we don't understand, as you definitely seem to not understand what a couple of us state.

We actually like woman, and prefer to share our life with them. Not live in an untrusting, financial arrangement. Pick you partners wisely, for me, #6 was a keeper 🤣

Edited Sunday at 04:52 AM3 days by KhunLA

1 hour ago, marin said:

That is up to you Simon. The main point of my post was I am not like you. One wife and we are still in love and lovely twins who also love me. I always wonder what you did to lose not only your wife but your kids as well. . When you first posted that your kids disowned you it simply blew my mind. But over the years watching you post I get an idea why.

There's no need to get personal about it.

It's common during a marriage break up and / or divorce that the wife / mother "poisons" the children's minds with how bad their father is.

If the kids are at an impressionable age, and the "poison" whether true or fictional, is bad enough, the kids take it on board and have a poor or zero relationship with their father.

In any case, just to clarify, I am posting in general, not about individual successes or failures.

I'll ask again, 'Would your advice to someone now be to put the property in the Thai wife's name?"

10 hours ago, KhunHeineken said:

Rubbish.

The data is made up of local, individual transactions. 😂

Well, if national data shows they break down a lot, or had some recalls, I wouldn't buy that make or model. Simple.

That statistic tends to show the property market is not performing.

No, there are still a lot of properties in each category for sale.

Individual car model condition or reliability has absolutely nothing to do with the national used car numbers data. Ditto for properties for sale--when you posted earlier that there were 1.64 million 'vacant' properties nationwide, the numbers didn't specify how many had leaky roofs or needed a paint job. Neither the car data totals nor the property data totals has any information other than numbers. There are X number of cars for sale, X number of properties for sale--nothing about bald tires or broken toilets. One of the weakest--but funniest--attempts at deflection I've seen recently.

Yes, national data is compiled from local data. Duh. That's my whole point. It's local data that is important with local, individual transactions, not national data that is a compilation of all the local data everywhere. Local Chiang Mai data showing there are 200 1-bedroom condos for sale there is useless to me in Pattaya when I am either buying or selling a 1-bedroom Pattaya condo. Same as with the Honda City car data example. In both cases a buyer or seller wants local data for Pattaya--not CM data or national data.

"There are still a lot of properties in each category for sale." When you actually go searching, which I have done many times, you find that is not the case. You start with a large number but punching in just the four basics--property area, property size, property price, and property type--always narrows it down to a much smaller number. When you add other preferences, which most buyers have, the number of choices reduces even more.

It's the same for property rentals. Think back to when you were first searching for your rental and you'll see what I mean--you started with the 4 basics and your choices quickly reduced down. They reduced even more when you added other things you wanted--like maybe a gym with airconditioning and a pool.

Condo buyers also have at least one more preference that a condo renter won't have--whether a condo is held in foreign quota or Thai name. That slices 51% off the condo choices in each project if a buyer wants foreign quota--and he or she definitely should. With the last Pattaya condo my spouse and I bought, admittedly we are picky, our choices ended up only being about 3.

8 hours ago, scubascuba3 said:

Thais aren't buying, they haven't got the money and the banks aren't lending, would be tough to get rid of a thai company property unless it's a great deal

I was just at the Chonburi Land Office a week or so ago when our house sold--to a Thai buyer, for cash--no mortgage. As always, the Land Office was very busy--in at least 40 visits to it, at its old address and now the new one, it has always been busy. There are still Thais buying all types of property and there are still foreigners buying foreign quota condos.

18 minutes ago, newnative said:

I was just at the Chonburi Land Office a week or so ago when our house sold--to a Thai buyer, for cash--no mortgage.

how much u lose ?

6 hours ago, newnative said:

I was just at the Chonburi Land Office a week or so ago when our house sold--to a Thai buyer, for cash--no mortgage. As always, the Land Office was very busy--in at least 40 visits to it, at its old address and now the new one, it has always been busy. There are still Thais buying all types of property and there are still foreigners buying foreign quota condos.

I'm generalising, of course you will see thais buying

12 hours ago, PhilipHabib said:

how much u lose ?

Did not lose anything--have never sold any property at a loss--here or in the US. If we can't sell at a profit, we don't sell. We would only sell at a loss if we were desperate for money, which we aren't. We only had this house for a year to live in while we were planning and building our new house so we didn't make a large profit--but we also saved about the same amount in rent, had we rented a similar 3-bedroom pool villa for the year.

23 minutes ago, newnative said:

we didn't make a large profit--but we also saved about the same amount in rent, had we rented a similar 3-bedroom pool villa for the year.

The best and more than enough reason to buy vs rent, even if a condo. Especially if staying in it more than 3+ years. Even if no profit, you live rent free.

If we never made a profit, I've live here rent free for over 25 yrs. That a few million THB in our pocket vs someone elses.

Amazing people don't understand that. Also why people don't retire early or have any equity built up to retire more comfortably. Just wish I could have afforded to by houses 5 or 10 years earlier in the USA.

Only problem with owning house free & clear in USA vs TH, after you retire, you're still 'renting' from the govt, via all the taxes. I can live on what the RE taxes would cost me in the USA. Then I got to feed myself, along with all the other higher costs.

1 hour ago, KhunLA said:

If we never made a profit, I've live here rent free for over 25 yrs. That a few million THB in our pocket vs someone elses.

Amazing people don't understand that. Also why people don't retire early or have any equity built up to retire more comfortably. Just wish I could have afforded to by houses 5 or 10 years earlier in the USA.

It depends. Outcomes vary according to people background, affinities, and of course the opportunity and the capacity to select the right asset.

The money you poured to buy the property could have been invested in order to yield more than the rent you have to pay.

Besides, with the right equity mix, after years of compounded growth and interests, the passive investment could value much more than the property appraised gain (if any) once deducted all maintenance fees and tax, not accounting the time spent to manage it.

Edited Monday at 03:33 AM2 days by Yumthai

4 minutes ago, Yumthai said:

It depends. Outcomes vary according to people background, affinities, and of course the opportunity and the capacity to select the right asset.

The money you poured to buy the property could have been invested in order to yield more than the rent you have to pay.

Besides, with the right equity mix, after years of compounded growth and interests, the passive investment could value much more than the property appraised gain (if any) once deducted all maintenance fees and tax, not accounting the time spent to manage it.

Exactly.

For the average person who is not a sleazy slumlord, investing in a S&P stock index type fund is a better investment.

Especially if you don't have a Thai wife or kids.

That's the only reason to buy RRE in Thailand, IMHO.

The average person doesn't pay 20,000 thb a month in rent for living in Thailand. Absurd comparison.

That's crazy.

That's the I just arrived to Koh Samui yesterday and things are so cheap compared to renting a villa on the beach back home price.

Narrators Voice: You can't afford villa on the beach back home, you're out of your lane 😁

On 7/31/2026 at 2:26 PM, scubascuba3 said:

Obviously need to trace shareholders, if it was a quick job they would have seized thousands of properties already

AI will easily churn through this dodgy farang company property paperwork backlog before the next SpaceX rocket failure.

15 minutes ago, Yumthai said:

It depends. Outcomes vary according to people background, affinities, and of course the opportunity and the capacity to select the right asset.

The money you poured to buy the property could have been invested in order to yield more than the rent you have to pay.

Besides, with the right equity mix, after years of compounded growth and interests, the passive investment could value much more than the property appraised gain (if any) once deducted all maintenance fees and tax, not accounting the time spent to manage it.

The “I lived rent free” crowd here likes to pretend that opportunity costs don’t exist.

Today,very early in the morning Bangkok police started to check Companies

in Hua-hin.

Restaurants,bars,hotels and homes are targeted.

Some people should be worried!

18 hours ago, newnative said:

when you posted earlier that there were 1.64 million 'vacant' properties nationwide, the numbers didn't specify how many had leaky roofs or needed a paint job.

You are cherry picking now.

The are 1.64 million vacant properties in Thailand. With a number like that, it shows Thailand does not have a thriving property market.

18 hours ago, newnative said:

Yes, national data is compiled from local data.

But what about the houses with leaking roofs and needing a paint job? 😂

18 hours ago, newnative said:

When you actually go searching, which I have done many times, you find that is not the case.

I disagree. It is the case. There are many in each category.

18 hours ago, newnative said:

Condo buyers also have at least one more preference that a condo renter won't have--whether a condo is held in foreign quota or Thai name.

The condo projects are large. Even if 51% must be Thai owned, there can still be hundreds for sale in the remaining 49% that can be foreign owned.

1 hour ago, TimBKK said:

The “I lived rent free” crowd here likes to pretend that opportunity costs don’t exist.

They also do not factor in the purchase price, which they put up.

The purchase price should be divided by typical market rent for a similar property in the location to give an amount of months / years, then add on fees, taxes, maintenance etc. Only after that time expires, usually many years later, with many passing away prior, can the buyer claim they are now living rent free.