Thinking Of Buying A Condo With Girlfriend, Yay Or Nay?

[DragonQuest]

yo sup peolpe, just curious how i keep hearing the 49% farang ownership and 51% thai ownership thingy , if its true think its a good idea to get a condo with my girlfriend? or should i solo getting one? I heard if I buy a condo solo ,i would need to pay in cash $$$ FULL Amount, but if i do it with her it might be cheaper (and we can share)and also we could apply for a loan together, has anyone one ever done this before? Also do i need a workpermit, valid visa, and job to get a condo? what are the repercussions? my friend bought a house with his brother this month and I would like to invest into real estate myself as he inspired me to do so, just curious how are the laws are in thailand and I need any advice from anyone on this forum thanks a bunch^^

[suiging]

yo sup peolpe, just curious how i keep hearing the 49% farang ownership and 51% thai ownership thingy , if its true think its a good idea to get a condo with my girlfriend? or should i solo getting one? I heard if I buy a condo solo ,i would need to pay in cash $$$ FULL Amount, but if i do it with her it might be cheaper (and we can share)and also we could apply for a loan together, has anyone one ever done this before? Also do i need a workpermit, valid visa, and job to get a condo? what are the repercussions? my friend bought a house with his brother this month and I would like to invest into real estate myself as he inspired me to do so, just curious how are the laws are in thailand and I need any advice from anyone on this forum thanks a bunch^^

DragonQuest.........errrrrrrm looking for a fire breather to comment ? I think not. Troll warning.

[backflip]

Yep. Smells like a troll to me.

[helicoptor]

[dsfbrit]

yo sup peolpe, just curious how i keep hearing the 49% farang ownership and 51% thai ownership thingy , if its true think its a good idea to get a condo with my girlfriend? or should i solo getting one? I heard if I buy a condo solo ,i would need to pay in cash $$$ FULL Amount, but if i do it with her it might be cheaper (and we can share)and also we could apply for a loan together, has anyone one ever done this before? Also do i need a workpermit, valid visa, and job to get a condo? what are the repercussions? my friend bought a house with his brother this month and I would like to invest into real estate myself as he inspired me to do so, just curious how are the laws are in thailand and I need any advice from anyone on this forum thanks a bunch^^

I think those of us who live here could write a small book in reply to this. A can of worms - several cans in fact.

I would suggest you read through this forum on House, Land and property ownership . You will see headings dealing with the subjects above you have mentioned.

Perhaps start here http://www.thaivisa.com/forum/index.php?showtopic=90203

Then go to the Visa section of Thai Visa and read some of the topics there relating to visa issues - importantly relating visa rules from October 1st this year.

http://www.thaivisa.com/forum/index.php?showforum=1

And then read as many topics as you can.

To be honest, you need to understand the issues relating to your eligibility to live/work here before you consider anything else.

Good luck with it.

[PeaceBlondie]

No probs, bro. You're a banker, so you remember that undergraduate course in property, right? And being from Chicago, you know that Bangkok is really skunk water, too. And being a teacher, you know how to punctuate and spell. My pen writes, too, without repercussions. Where you at, bro?

[pumpuiman]

What bank are you employed by? I'd like to know where not to go.

[rocky]

I think the best way and quickest for you is to buy a condo over the 10th floor In your Thai/chineese girl friends name. I have been well informed that mosquitoes normally do not fly over the 9th floor, also it is a good height to be pushed from when your 50/50 is sick in the face of listening to you and wants to cash in the chips as they say.

[pumpuiman]

Seriously, if you need help, I'll let you put it in my name. Trust me.

[helicoptor]

Its a great idea, buy one for her, one for her brother and one for her Thai husband all in the same block! you can sit on the balcony

[teej]

what's with the trolls lately? they've been out in force... sigh.

[DragonQuest]

HAHAHAHAHAH you guys are hilarious, ok i know what to do now thanks for the info im out peace LOL

[JacknDanny]

What bank are you employed by? I'd like to know where not to go.

He made a mistake. He spelt banker with a B instead of a W

[backflip]

I think buying a condo with your girlfriend is a great idea, especially if you give her the money. Very shortly after you do that, your problem blog will provide the rest of us endless entertainment.