Build or buy small house without Thai owner?

[OliverKlozerof]

Apologize for asking newbee / beginner question, but...

Say I wanted to build or buy a small, 1 or 2 br house not far from the beach south of Hua Hin somewhere. I'm not in a relationship (let alone married), to a Thai. Is there something like a trustworthy lawyer/law firm who would (for a fee), be the"legal" 51% Thai owner? (Seems like I heard the requirement is something like that; but again, I'm totally green on the subject.) Or, is there some other way to proceed??
[something like this may have been asked before. If so, links...?]

Thx,

DP

[steve187]

You can buy in my wife name, or sons name for that matter.

some buy in Thai company name, but some say that's illegal, rent don't take the risk, ( no risk in my wife's name though) or buy a condo

[Rancid]

And if the legal Thai owner gets a good offer on the property?

[bankruatsteve]

I think you are in the wrong forum for this. I have friend that did what you want but I'm not in position to advise. I think you need to set up a Thai corporation and then can do - but, again, there are other better sources for this.

[Leonardo Madison]

'

[bbradsby]

Danger. You risk losing it all in a swindle if youre not entrusting the land purchase to a Thai wife. Even then, your investment is only as secure as your marriage. Research the many threads on " Real Estate, housing, house and land ownership" - not the "DIY Housing Forum."

Simple answer: buy a condo.

[willyumiii]

I have heard that buying through a corp you start is not legal and the new government may be putting a stop to it soon.

You could lose everything..

Possible fines or punishments too?

Who can say for sure?

Your best bet is probably just to rent as others have advised.

[Langsuan Man]

I have heard that buying through a corp you start is not legal and the new government may be putting a stop to it soon.

You could lose everything..

Possible fines or punishments too?

Who can say for sure?

Your best bet is probably just to rent as others have advised.

I love these I have heard comments !

Here is what the Ask the lawyer has to say ( whether your agree with him or not )

http://www.thaivisa.com/forum/topic/723747-land-ownership-by-thai-company/?p=7776901