sh2019
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Posts posted by sh2019
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I'm sorry this has happened to you but can we please stay on topic - I don't have a Thai spouse, so this is for a foreign NON-Thai person WITHOUT any Thai spouse trying to buy a property in Thailand and having it for ideally more than 30 years. A Thai nominee shareholder company is a NO IMO because it is illegal. I do believe a leasehold if properly done and registered is as good as safe for 30 years, the problem is just that, that it's just for 30 years.
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Thank you. I think I have come to terms that either I accept that all I'd do is pay a rent 30 years up-front and make the best out of it OR drop it altogether :(((
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I ALMOST set up a Ltd to buy land + property. I read up on Thai law and decided not to. I am now considering to lease the land and have read all about it ????There is simply no "secure" way other than the secured lease offshore option which unfortunately, is not available with the villa I'd like to buy. So my question: Has anyone on this forum had a good experience with their 30(+30+30) lease contract and successfully renewed the lease after 30 years? I guess I am clutching straws, I'd just really like to hear a success story between all the doom and gloom. Failing that, has anyone actually been thrown out of their home after 30 years because the lease wasn't renewed as expected? I'd like to hear some real life experience not just speculations that all hell breaks lose if you do this or that.
Has anyone ever RENEWED their 30-year lease without any problem?
in Real Estate, Housing, House and Land Ownership
Posted
Thank you, I love this :-)))