Land

[earicome]

If it is correct that you can't buy land in Thailand, is this still the case when you have a retirement visa?

 

Any response appreciated

 

Eari

[yankee99]

yes you can buy it. But can not have title in a foreign name

[hazze]

Falang can't own land in Thailand.

But theres various schemes to get around it.

Setting up a company to own the land. i think this has got more difficult.

 

Or putting it in the name of a thai wife or friend. This obviously has its own dangerous.

Going this route to avoid the laws of Thailand is also fraud and could carry a heavy sentance. All this really means is that if there was a divorce you can't turn around and say the land wasn't a gift and you only put it in her name to avoid the law.

 

 

Others will be able to help far more than my badly explained attempt.

[chunderground]

would not advise it. keep your money in your home country and trickle it out there monthly if you are living in LOS. Just rent a place its cheap and you remain mobile should you need to change location.

Buying property in your homeland is usually a good idea - I have seen too many people come to grief from such purchases in LOS and Philippines.