Property Ownership

[trickyricky]

Hi There, I cannot believe what I am reading

Land Department Anuwat Meteewiboonwut sounds like a right nutter to me and should be moved to some department where he can do no harm he made comments during a recent stop in Phuket as part of a nationwide inspection tour of 30 provinces.

‘The tour is aimed at improving public services by land officials in three areas: dress, conduct when dealing with the public and working harder to eliminate a backlog of work’ seems to have taken the back burner to other issues like

‘PHUKET CITY: The director general of the Land Department has reiterated that foreigners using Thai nominees to buy land anywhere in the country will have their land title deeds revoked if caught – even if the nominee in question is a lawfully wedded spouse’

IS THE MAN MAD, the Thai economy is in tatters already with foreign tourists staying away, does he also want to alienate the Foreign residents here???

Here it is again just in case you didn’t get the message the first time around ‘Foreigners cannot use a Thai spouse as a nominee to buy property in Thailand. If the Thai spouse has enough money to buy the house that is fine, but if the Thai has no money and uses money given to him or her by a foreigner to acquire property, that is against the law. If we check and find out later that a Thai person has been using money from a foreigner to buy land anywhere in Thailand, we will revoke title deeds,” he said

Someone in Government wake up to the fact he is a nutter and move him to an inactive post

Richard

[H2oDunc]

WHY ??????

He is stating the law. Whether you agree with that law or not is immaterial. Like using a company to purchase a house. Many Farangs will tell you that this is the way to go to buy a house and that they have done it and had no trouble. The trouble is that unless the Thai directors of the company have invested their own money in the company, and very very few ever have as all the money is the farangs, then the company is illegal and as such you may loose your property. Thailand does nothing to make investing in the country easy and they really do not want to change it either. The best piece of advice I have heard is to invest in Thailand only what you are prepared to either loose or walk away from

[trogers]

There is no law in Thailand that will stop a husband giving a sum of money to his wife as a gift. Upon receipt of such a gift, the wife has every right to spend this money in ways she so chooses, including buying land in her name. Under the law, the gifted money becomes hers, and not the husband's.

Best evidence to proof that - wife has an overseas bank account in her name only, and the husband deposit the gifted money into this account.

Edited May 28, 2009 by trogers

[Crossy]

Already running here http://www.thaivisa.com/forum/Illegal-Thai...La-t268608.html please continue discussions in that thread.

This one is closed. Thanks