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For those that want to own business and houses in thailand.

Discussion forum for expats moving to or living in Thailand.

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For those that want to own business and houses in thailand.

Post Posted: Sat Jun 03, 2006 1:06 am

Hello and warmest regards. My name is Sunny, and I work professionally as an independent real property and business transfer agent specialist in Bangkok, Thailand. Should you be interested in residing or owning property in Thailand, whether for business or pleasure, I can be of ideal assistance with my available services. I can make the property buying process very painless for yourself. We have an already established and very comprehensive network of property brokerage partners in our local market. I am continuously researching the market for available properties for sale. Please be aware that I do not have a website presence for my operation as my philosophy is to deal directly with my property clients, thus keeping the inventory confidential. Thank you for allowing me to establish contact with yourself and please feel free to email myself at suntheep @ hotmail.com I look forward to assisting with your specific property needs.
Regards

 

suntheep
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Re: For those that want to own business and houses in thailand.

Post Posted: Fri Jun 30, 2006 1:00 pm

Suntheep:

Assuming you are selling (or arranging to sell) properties to foreingers, and further assuming that the "property" in question is land - not a condo - then how exactly are you offering this service, given that acting as a nominee for a foreigner is illegal under the Land Code?

I must say, I can see why you may wish to keep matters "confidential" Smile

SM

 

Sumitr_Man
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Re: For those that want to own business and houses in thailand.

Post Posted: Thu Jul 06, 2006 4:24 am

Good evening or good morning as the case may be. I need some good advice regarding emigrating to Thailand. What are the job prospects in Bangkok, Pattaya or Hua Hin for TEFL certificated teacher or if all else fails an English Law Legal Secretary (ILEX Diploma). I am hoping to buy either a single house/bungalow/town house not a condo as I am bringing my pet dog too!

My aim is to move to Thailand between December 06 and June 07 as obviously there is a lot of sorting out to do this side of the ocean before I can i.e. sell my house etc

Anyone who has seen it, done it and got the t-shirt your comments and advice would be appreciated

Hope to hear from someone soon


_________________

Elaine in Birmingham

 

moule
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Re: For those that want to own business and houses in thaila

Post Posted: Sat Jul 08, 2006 5:21 pm

The news is not good.
In LOS, supply exceeds demand for English teachers by the length of the field. In addition, you require the appropriate 'work permit' visa & associated documentation from your prospective employer. There are ample websites alluding to this situation eg Thaivisa??? & ajarn??? (ajahn/ajarn is the Thai word for teacher). Regarding property, as a foreigner, you cannot buy land in your name unless you front with USD1m first + limitations & restrictions. Some people incorporate with a view to overcoming this. Perilous? Refer again to Thaivisa. Alternatively, you may place the ownership of the land in the name of a Thai National & obtain a 30 year renewable lease. Would you do this in your home country? Maybe you should consider renting if you need land.
Working as a secretary, it is highly likely that the occupation is 'excluded' to protect the jobs of the locals.
The dog! I have no knowledge re quarantine regulations but as LOS is primarily a Buddhist country, the dog is a fair chance (after a few months in quarantine)!

 

mahatma
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Re: For those that want to own business and houses in thailand.

Post Posted: Mon Jul 10, 2006 4:57 am

Many thanks Mahatma for your response. I have been on quite a few sites with regards to proeprty ownership in Thailand, some contradict each other. However, I gather I can own a house/bungalow but not the land the property is on alternatively I can buy a condo outrights provided I beleive there are 49% farang in the condo building - if it wasn't for my dog that would be the best solution however, having lived in a house for the last 25 years I don't think I could live in a condo.

I have read a book called Emigration: How to live and work in the kingdom of Thailand, and have seen the list of "excluded occupations" however this book was 6 years old so perhaps the restrictions have been changed since then.

One thing I didn't understand though, was importing personal effects from the UK to Thailand when I eventually move. I wouldn't be bringing anything electrical, only CD's, DVD's books my sons boxing trophies and thats about it. Surely I wouldn't have to have a Work Permit before these could be collected? Any ideas anyone?


_________________

Elaine in Birmingham

 

moule
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Re: For those that want to own business and houses in thaila

Post Posted: Mon Jul 10, 2006 11:04 am

Moule, I have heard rumours re this house v land. However, how can you sell the house w/o the land? Companies used to acquire land are experiencing a clampdown too. Secondly, why make life difficult? Selling property in LOS is not like UK. You may have difficulties selling & suffer a capital loss. Malaysia seems to be the only Asian country which feels comfortable with expats owning land. Land, in the areas you mentioned, is quite expensive. Building is relatively inexpensive due to labour costs. There are many sad stories of expats (99%) male who put the house/land in the Thai National's name & shortly after problems emerged. Coincidently, the gay community got caught just as easy as the hethrosexual community.
I can assure you that you can rent a house far cheaper than buying one in many areas of Thailand. A very comfortable home in CM (2 level) can be rented for THB7-8k/month + utilities. On the market, the house would fetch THB1.6-2.0m. I am one who 'hates' paying rent too but if I were to live in a house, I would rent (I own a condo). Condos are far more expensive to rent but have proximity to the CBD. Rent in BKK, Pattaya etc would be 50-60% higher than CM for an equivalent.
Re personal chattels, no need to have a work permit to bring them in. If you post them here, you need to make a declaration for customs tax. Obviously, you can work out how much to value them. I used economy air & they were here in 1-2 week.
A precaution - make sure that all papers for your job are 'water tight' before you come over. There have been many disappointments in this area too. There are people in CM working without a WP. Casual rate = THB200-250/hr!

 

mahatma
Newbie
Newbie
 
 
  
Re: For those that want to own business and houses in thailand.

Post Posted: Tue Jul 11, 2006 1:59 am

Hi Mahatma, many thanks for your response. I appreciate your comments re selling/renting. Renting is such dead money, I also read on the net that a Thai national buys the land and I can take out a 30 year lease - renewable for a further 30 years ( I should live so long!) I'm thinking also of doing that and having a house built on the land. Decisions, decisions why can't life be a little more simpler.
Good idea about posting personal effects. Never actually though of that. There's so much to sort out.
I saw a TV programme on Hua Hin and the house prices seemed to be quite stable even though there is a large ex-pat contingency in the area. Working without a WP is a bit too risky for me, I like everyting legal and above board - with age comes wisdom!
Do you know of any estate agents web sites for CM? I've been on quite a few for Pattaya and BKK - but the prices are quite high, they seem to be geared more towards Brits etc buying holiday homes.
Speak to you soon


_________________

Elaine in Birmingham

 

moule
Newbie
Newbie
 
 
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