Legal Question

[thailand_tom]

i have 2 properties ( both in my wife's name )land with our house on it and land..the land with our house is 2 rai..i am not on the house registration..the land in surin is 1 rai..i was thinking about a bar cafe with the second floor my house..i have not built it yet, will sell the land if a big problem..can i own the building and the business if i build it ? if i don't plan on working their and have someone manage it do i need to put up 2 million baht ? for the business registration ? anything else people can add..would be helpful.

[feeter]

seems you legally own nothing! does your wife want you owning anything or does she just want you buying and building things- is a good place to start be4 deciding to carry on.

[dansat]

For a start where you say ' I have 2 properties ( both in wifes name ) ' They are not your properties and never will be. They are 100 % your wifes. About asking what you should do. The best thing you can do with your 2 million baht or how ever much money you have to invest ( lose ) in Thailand, is to put it in a bank account of your name. Even if you put it in a bank account with the worst rates in world you will still make more profit from the interest than you are going to make from your ( your wifes ) planned business.

Think about what you are doing and dont lose money for nothing. Good look sir

Edited October 25, 2010 by dansat

[Kwasaki]

Your just genner get knocked on here my the know it all gang.

Go to forum " Real Estate, housing, house and ownership ".

If your married goes pear shaped you would get 50% allegedly more like 49% if things worked out in settlement.:jap:

Edited October 25, 2010 by Kwasaki

[WinnieTheKhwai]

You can run/control a business and have a work permit, but if that's a bar/cafe then that'll be very tough, bordering impossible/not worth it.

[justaphase]

I can add.. don't do it.

Why open a business..? You won't make money. For 2 million baht you can live here for 5 and a half years and spend 30,000 a month, every month... easily done in "ban nok"