Should you Lease or Buy Property in Thailand?
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- เผยแพร่เมื่อ 26 ก.ย. 2024
- As a foreigner, you can buy condos in Thailand, but you are not allowed to buy land and houses. Should you Lease Property in Thailand? Leasing Long term may be your solution. Watch this video to find out more about the leasing option to get that tropical home that you always dreamt of.
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Great info in a very simple way point by point. Thanks a lot.
If you appreciate my free advice, why don't you buy me a coffee sometime.
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Reach me by email at Gerald@remax.co.th
What if you wanted to lease for 30 years a house being built in a neighborhood from a developer, but you plan on selling in 10 years to make a profit. Do you hold it in such a way that you can sell it for a profit after 10 years if the buyer is Thai citizen who wants to cancel the lease and buy it freehold?
The video is very informative and useful. Thanks for producing it. I would like to raise a question about what if the landlord sells the property to someone else, would that affect the lessee's right in the lease? (given that the lease is less than 30 years and properly registered). My point is, would the selling of the property by the landlord invalidate the lease or Thai law would protect the lessee's right in the property? Another question is what would happen if the landlord gone bankrupt and the property is sold by a court order to repay the landlord's debt? Would the lessee's right protected by Thai law as well? Or do the lessee needs certain special clause drafted in the lease to protect his or her rights? Thanks a lot.
You cant lease from wife so how to get around this
U r a solicitor??? Then i want to talk to u for further development n requirement of my shifting to BKK.
hello thank you for the video!Can you lease the land but buy the house?
Technically, "Yes". Be sure to get a good lawyer involved to make sure this is all set up correctly with no surprises.
Can you use the property as a business for the duration of the lease?
There's no specific restriction on a long term lease other than zoning restrictions. For example you can't open a oil refinery in residential zoned areas. images.app.goo.gl/Ae4aXUP3PkmjseSi8
leasing 3 years or 30 years is it going to benefit the visa any better ?.
I know of no advantage of the longer lease with regards to visas except if the government deems the 30 year lease to fall within the scope of property investment.
Can you buy/pay for property in your Thai children's name and then lease it back to yourself or is that considered 'proxy ownership'?
Are the children of legal age?
@@geraldenright9845legal age, Would that be 18 or 21? currently they are 13 & 17. Would be very handy if I could bypass their mother and give everything direct to the kids.
Just got off a call with our lawyer. He feels that there's a good chance that the Land Dept officials would deem such an arrangement as a proxy ownership attempt.
Check ur line id please