Jump to content

Recommended Posts

Posted

Hi ! Have just bought a guesthouse in Chiang Mai and move there in Aug. I know there are a lot of info about this but i need all help i can get. We are gonna run the guesthouse like a family business and that is ok by the real estate owners since it´s a small place. I think i will start with a 3 months tourist visa ? Then what, i don´t want to pass the border every month, every third sounds better.

Thanks

Lars

Posted
Hi ! Have just bought a guesthouse in Chiang Mai and move there in Aug. I know there are a lot of info about this but i need all help i can get. We are gonna run the guesthouse like a family business and that is ok by the real estate owners since it´s a small place. I think i will start with a 3 months tourist visa ? Then what, i don´t want to pass the border every month, every third sounds better.

Thanks

Lars

Lars,

Why a tourist visa? You are going to be working in the business, no? You need a non immigrant "B" visa and then apply for the work permit. Have you set up a Thai company to acquire the assets yet in August?

If you are not going to need 4 Thai employees for your Guesthouse. Get a one year multi entry non B visa. You'll do a visa run every 90 days with a valid work permit

If you are going to have more than 4 Thai employees and be paying yourself over 50,000 Baht per month then you can do a extension of stay based on business in Thailand, simply get a 90 day visa. In Thailand the extension will be done and no visa runs are required.

www.lawyer.th.com

Posted

Hi ! Have just bought a guesthouse in Chiang Mai and move there in Aug. I know there are a lot of info about this but i need all help i can get. We are gonna run the guesthouse like a family business and that is ok by the real estate owners since it´s a small place. I think i will start with a 3 months tourist visa ? Then what, i don´t want to pass the border every month, every third sounds better.

Thanks

Lars

Lars,

Why a tourist visa? You are going to be working in the business, no? You need a non immigrant "B" visa and then apply for the work permit. Have you set up a Thai company to acquire the assets yet in August?

If you are not going to need 4 Thai employees for your Guesthouse. Get a one year multi entry non B visa. You'll do a visa run every 90 days with a valid work permit

If you are going to have more than 4 Thai employees and be paying yourself over 50,000 Baht per month then you can do a extension of stay based on business in Thailand, simply get a 90 day visa. In Thailand the extension will be done and no visa runs are required.

www.lawyer.th.com

No i have not set up a thai company yet,i have a lease contract for 6 years and i will own 75% of the business and the other will keep 25%

he has a deal with the real estate owner that it will only be run as a small family business so he says we don´t need to set up a company and paying VAT,taxes etc but off course we will keep books, so i guess my only option is to do monthly visaruns ? Maybe it´s better if i set up a small company ? We only have 2 employees

Posted

As Sunbelt Asia just suggested without saying it, your realtor has probably lied to you in order to get a sale. You would violate Thai law if you participate in running the place without a work permit. You will not be a tourist. You will be performing work that dozens of Thais do in Chiang Mai; operating a guesthouse.

Never invest more than you can afford to leave as they deport you.

Posted
As Sunbelt Asia just suggested without saying it, your realtor has probably lied to you in order to get a sale. You would violate Thai law if you participate in running the place without a work permit. You will not be a tourist. You will be performing work that dozens of Thais do in Chiang Mai; operating a guesthouse.

Never invest more than you can afford to leave as they deport you.

Thanks ! Off course i will set up a company, i want to do it the legal way, maybe sunbelt can help me with the company set up.

Posted
Hi ! Have just bought a guesthouse in Chiang Mai and move there in Aug. I know there are a lot of info about this but i need all help i can get.
No i have not set up a thai company yet,i have a lease contract for 6 years and i will own 75% of the business and the other will keep 25% he has a deal with the real estate owner ...

Hi Lars,

Your name suggests you're from my homecountry. (Rigtigt gættet, eller hvad? Rødgrød med fløde) ... Well, I and my countrymen have always been easy prey for blackeyed beauties ... All red warning lights are flashing here ... You've bought a guesthouse and now, after the deed is done, you realize there might be things you need to know? ... For one thing, that lease of 6 years will be worth nothing unless it's registered at the landoffice. Is it? (3 years is the max, if not registered) ... For a second thing, to me it sounds like you've merely paid a lot of money to someone who says you thereby owns 75% of HIS business - without having the slightest clue on your legal rights ... Feel free to correct me if I'm wrong - I'm merely guessing.

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Recently Browsing   0 members

    • No registered users viewing this page.



×
×
  • Create New...