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Posted

Hi all. I want to move to LOS . Can I get a mortgage in Thailand? I am thinking a condo. At a not decided location yet.

I will open a few businesses with my thai gf.

Would like your advice please.

Thanks

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Posted

You want to start few businesses or setup retirement?

On what income do you want to get the mortgage?

What visa will you be using?

Will you need a work permit or will you be only a shareholder?

Posted

I believe you'll need a Thai guarantor with a decent income to get the mortgage.

What you can do though is set up the businesses first in her name and have the income paid directly to your gf's bank account. Once she has had about 6 months of decent income she'll be able to guarantee the loan.

Some condos can be sold to farangs, some can't. Usually the farang ones are more expensive so if you buy a Thai name condo in her name you'll save like 10-15%. Houses can be purchased like this too and are in my opinion a better investment (the condo market seems quite saturated at the moment).

That should be enough to set up your retirement to about the same standard as most other farangs.

  • Like 2
Posted

I have an income here in Australia. My thai gf will operate the businesses till I come and live there

Cheers fritz

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Posted

In some parts of Thailand, even in some tourist cities, a 2.000.000 THB home rents for 5.000THB/month.....Makes sense to buy? Thailand looks over build to me with condos, mix use townhouses and houses.....and prices are too high. Prices will go down very soon.....New businesses opens and closes every month.....Tourism will be down for a while.....

Hummmmmm....

Posted

OP don't do it. Retire in peace and take up a hobby. Let your gf work out where she might fit in your plans. If it suits all good. If financially beyond your means show her the door as clearly she does not care about YOUR retirement. Contemplating a mortgage in retirement..... Sorry but for me that is barking mad. Good luck. Did you read Private Dancer by Stephen Leather?

Please tell how did you get to,,,

SHE DOES NOT CARE ABOUT YOUR RETIRMENT,,???

you dont even know the girl,,,,lol

another thai girl expert,,,

  • Like 1
Posted

Are you drunk. Been in Thailand fpr 3 months a year for the last 5 yrs. I get it pig

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  • Like 1
Posted

In some parts of Thailand, even in some tourist cities, a 2.000.000 THB home rents for 5.000THB/month.....Makes sense to buy? Thailand looks over build to me with condos, mix use townhouses and houses.....and prices are too high. Prices will go down very soon.....New businesses opens and closes every month.....Tourism will be down for a while.....

Hummmmmm....

Well I bought a nearly 2.8 mill baht house last year. I got a mortgage and in 8 months the house next door which is just finished was sold for 3,2 mill. Prices in Bangkok will go down but certainly not where I live.

Posted

OP don't do it. Retire in peace and take up a hobby. Let your gf work out where she might fit in your plans. If it suits all good. If financially beyond your means show her the door as clearly she does not care about YOUR retirement. Contemplating a mortgage in retirement..... Sorry but for me that is barking mad. Good luck. Did you read Private Dancer by Stephen Leather?

Please tell how did you get to,,,

SHE DOES NOT CARE ABOUT YOUR RETIRMENT,,???

you dont even know the girl,,,,lol

another thai girl expert,,,

Hey chirpy it's easy to take what others say out of context and hope they don't hold you to account, well guess what. Re-read my post, the whole sentence where I first mention

'If it is beyond your means........'

I am an expert in one particular sector, but not girls. My 9 years experience here though enables me to impart a little knowledge however. Looking forwards to reading your input to this thread other than your usual flaming?

  • Like 1
Posted

In some parts of Thailand, even in some tourist cities, a 2.000.000 THB home rents for 5.000THB/month.....Makes sense to buy? Thailand looks over build to me with condos, mix use townhouses and houses.....and prices are too high. Prices will go down very soon.....New businesses opens and closes every month.....Tourism will be down for a while.....

Hummmmmm....

Well I bought a nearly 2.8 mill baht house last year. I got a mortgage and in 8 months the house next door which is just finished was sold for 3,2 mill. Prices in Bangkok will go down but certainly not where I live.

Where do you live?

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Posted

Bring it on. Thanks az

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That's the way good on you,bravo Sir
  • Like 1
Posted

Are you drunk. Been in Thailand fpr 3 months a year for the last 5 yrs. I get it pig

Sent from my GT-I9507 using Thaivisa Connect Thailand mobile app

Good on you again Sir,you sound like a real good guy to me,keep giving it back to them
  • Like 1

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