OliverKlozerof Posted March 14, 2015 Share Posted March 14, 2015 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 Link to comment Share on other sites More sharing options...
steve187 Posted March 14, 2015 Share Posted March 14, 2015 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 Link to comment Share on other sites More sharing options...
Rancid Posted March 14, 2015 Share Posted March 14, 2015 And if the legal Thai owner gets a good offer on the property? Link to comment Share on other sites More sharing options...
bankruatsteve Posted March 14, 2015 Share Posted March 14, 2015 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. Link to comment Share on other sites More sharing options...
Leonardo Madison Posted March 14, 2015 Share Posted March 14, 2015 ' Link to comment Share on other sites More sharing options...
bbradsby Posted March 21, 2015 Share Posted March 21, 2015 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. Link to comment Share on other sites More sharing options...
willyumiii Posted March 22, 2015 Share Posted March 22, 2015 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. Link to comment Share on other sites More sharing options...
Langsuan Man Posted March 22, 2015 Share Posted March 22, 2015 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 Link to comment Share on other sites More sharing options...
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