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BANGKOK 21 March 2019 06:52
TheWarrior

Foreigner doing small farming

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Is it possible for Foreigner to rent small land like 5-12 rai. And a small scale farming on it in Thailand?

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On 1/29/2019 at 9:26 PM, drtreelove said:

Besides the legal restrictions pointed out, and the need to have a Thai wife or partner, consider how much time and money you would have to put into property that isn't yours and can be taken away after your lease period.  There is always the chance that when you improve the property and make it productive, that it will become more valuable to the owner to sell or take back for his own use. 

 

It  happened to us. We took over a 10 rai farm from the wife of an expat friend who had died.  We had a three year lease with assurance that she didn't intend to sell and that we could stay there indefinitely.  We knew it was a calculated risk but we loved the farm and went for it. We put a lot of labor and money into fencing,  revitalizing the lamyai and mango orchards, restoring a bore well and water tank tower, irrigation system, soil building and other improvements.  Then she sold the property out from under us. 

How come you dont put credit on the land. Example you make a contract that the owner borrow 50K usd and they put the land as a backup. Then they can not move you from the land can they?

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1 hour ago, TheWarrior said:

How come you don't put credit on the land. Example you make a contract that the owner borrow 50K usd and they put the land as a backup. Then they can not move you from the land can they?

It depends on the land title.

 

If it is chanote which is yours to sell and is the highest land title it is a good thing and you can borrow against that land title, but any other title means that you cannot borrow against the land.

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On 1/30/2019 at 10:38 PM, billd766 said:

It depends on the land title.

 

If it is chanote which is yours to sell and is the highest land title it is a good thing and you can borrow against that land title, but any other title means that you cannot borrow against the land.

This isn't true (although probably correct legally). Our neighbour has Sor Por Kor (the lowest form of land title) land deeds in the bank against a loan. 

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3 hours ago, grollies said:

This isn't true (although probably correct legally). Our neighbour has Sor Por Kor (the lowest form of land title) land deeds in the bank against a loan. 

I believe that I am correct.

 

Here is a link that I found useful

 

http://www.thailand-lawyer.com/land-title-deeds.html

 

And another from TVF going back 10 years.

 

https://forum.thaivisa.com/topic/291083-problem-with-sor-por-kor-title-land/

 

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A strict reading of the law then you can’t do your own gardening surprised they allow drivers licenses and don’t require you to hire a maid.

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26 minutes ago, grollies said:

You are correct and so am I and so is @cornishcarlos

 

If things are kept quiet and on a low level then there is no problem in buying Sor Por Kor land providing of course the buyer is Thai, (wife, g/f etc). What does get a little tricky is when 2 or 3 hundred rai is involved and the owner tries to borrow against it. If they go to the amphur to register it, the land department may ask where the money came from and that can cause a problem. You as the farang will have no say in the disposal of that land.

If the Thai goes to the bank for a loan (farangs must not be seen or heard from) then depending on which bank and which manager a loan may be granted. However as Sor Por Kor land is basically no title then the value of the land is quite low so they bank may not offer a loan.

The alternative to a bank are the money lenders and if they think it is worth a loan you will probably get one but the loan rate will be high and the terms and  conditions will be much worse.

 

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