for a while now i have thought about buying a second home in los.but i have been told farangs can not buy land and so can not buy houses,only condos,flats and apartments are allowed? is it true a way around the law is to set up a company in thailand,and then you can buy a house and land? Daz.
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All of your questions about owning property in your name alone can and will be answered by just going to the ThaiVisa.com website. I have used this site and the information that I got has proved to be invaluable. No need to follow that above bogus advice, you do not have to marry a Thai person there are two other ways. Just go to the website and knowledge shall be yours.
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You can only buy it via a company you open there! Please make sure to get a reliable lawyer - he'll help you through all that paperwork, which's a lot!
MK
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Originally posted by (PogueMahone @ Oct. 12 2005,00:48)flip and "off the cuff" reply
Once a Thai woman is legally married to a foreigner she loses her entitlement to thereafter buy property in her own name. Check it out; you will find that this is the position.
Once a Thai man marries a foreigner he does not lose the right. Although this discrimination is obviously contrary to the Constitution, the law nevertheless remains.
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Allstar
My advice to you would be,,rent or lease a house 1 year with options. Get the feel of it before you commit. and DO NOT put it in a thai name...
To me its a waste of income, buy yourself an apartment in a complex or highrise and have an agent rent it whilst your not there.
Too many things to consider when buying real estate o/seas.
BK
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