Buying Land / Property In Thailand

[BIG SPUDS]

I was speaking to "Bloke down the Pub", the other day, He told me his bother had brought land in TL and built property on it for £3000.

Was he pulling my tool? or is it really that cheap!

Just for the record, any ideas on price of land in TL. ( i know i have not given a place and this would all affect the cost) But just a few suggest on how much it would be at a minimum to a good having a good Yard. Not costal areas but in the north by kampaeng phet , Any prices or info welcomed.

[ka12345]

For decent farm land expect to pay B40-100k per rai. If anywhere attractive (near cities, rivers, lakes, ocean) it will be considerably more.

[OldAsiaHand]

Questions like this have been address over and over on this board. Run a search and you'll find more information, much of it wrong, than you ever wanted to find.

Your starting point, however, is this: in general, foreigners can't own land in Thailand. If you are determined to do it regardless, there are ways, of course -- owning it through a Thai company or through a Thai citizen who stands as a nominee -- but all of those ways have a tendancy to impact the liquidity of your investment, which bothers most foreigners. As it should.

[dr_Pat_Pong]

I was speaking to "Bloke down the Pub", the other day, He told me his bother had brought land in TL and built property on it for £3000.

Was he pulling my tool? or is it really that cheap!

Just for the record, any ideas on price of land in TL. ( i know i have not given a place and this would all affect the cost) But just a few suggest on how much it would be at a minimum to a good having a good Yard. Not costal areas but in the north by kampaeng phet , Any prices or info welcomed.

Weren't you tring to take the lady to the UK ? Is this a bit of a troll.

[pnustedt]

his bother had brought land in TL and built property on it for £3000.

You or your mates' brother cannot buy land in Thailand unless he's Thai. Your g/f or his wife could. It is possible to build a very small and modest house on a small plot for GBP3,000 but I would not want to live in it!

There's a thread in "Issaan Topics" on build prices, etc.

[BIG SPUDS]

No PAT i was not trying to bring my GF back to the UK. Just for a holiday!!!

[chuckd]

I recently bought a house in Pattaya and put it in my 11 year old daughter's name. I have no wife. I had to sign for her at the land office but the Chanod is in her name and I have no ownership rights. She cannot sell it until she is 21 years old.

Oddly enough, she cannot go on the house book though without an adult Thai citizen going on it first. She can then be added if I so desired. I do not wish to add an adult Thai to the house book, so have decided to leave her registered where she is.

She has dual citizenship.

[hutchworld]

Chukd: Only untill she is 18. Your daughter will have to decide wether she wants to be Thai or Whatever at that time. Present rules will only allow Thais to own land outright.

[bkk_mike]

Chukd:  Only untill she is 18.  Your daughter will have to decide wether she wants to be Thai or Whatever at that time. Present rules will only allow Thais to own land outright.

I believe you're talking b****cks...

Thailand does allow dual nationality...

A Thai national with a foreign father can choose to revoke their Thai nationality within a year of their 20th birthday (i.e. to avoid national service, for instance), but is under no obligation to do so. Therefore you can keep dual nationality if you want to.

Obviously, this depends on both countries allowing it.

For instance, Singapore, Belgium, Netherlands - require people born with dual nationality to choose one or the other (at some point before they're 21, depending on the country involved).

http://phuketgazette.com/issuesanswers/details.asp?id=694

[dr_Pat_Pong]

Chukd:  Only untill she is 18.  Your daughter will have to decide wether she wants to be Thai or Whatever at that time. Present rules will only allow Thais to own land outright.

I believe you're talking b****cks...

Thailand does allow dual nationality...

A Thai national with a foreign father can choose to revoke their Thai nationality within a year of their 20th birthday (i.e. to avoid national service, for instance), but is under no obligation to do so. Therefore you can keep dual nationality if you want to.

Obviously, this depends on both countries allowing it.

For instance, Singapore, Belgium, Netherlands - require people born with dual nationality to choose one or the other (at some point before they're 21, depending on the country involved).

http://phuketgazette.com/issuesanswers/details.asp?id=694

If all else fails, the child can get nationality of the fathers country whenever, provided that duality is permitted by the fathers country. Thailand has no issue with duality of citizenship.

[bkk_mike]

Thailand has no issue with duality of citizenship.

Not sure I'd phrase it that way.

There's no law that I've seen that states Thailand doesn't recognise dual nationality.

But there's no law specifically stating that Thailand does recognise dual nationality "officially", except for minors.

The constitution means the government can't revoke someone's Thai nationality any more, once it's been granted. So if a Thai national doesn't revoke it themselves, they can have dual nationality by default because there's no other method for it to be revoked. (That's what the MFA answer is basically saying)

But I wouldn't say Thailand has no issues with it. Just show two passports to immigration...