Tell your wife to step up.

[marcusarelus 2,967]

All the stuff I have been reading here about the pitiful stories about men who have spent all the cash on a house and land for the wife and family and kids and are now broke is really pulling at my heart strings.

 

800,000 is not a lot of money when talking about a house and land today in Thailand. 

 

If the wife wants you to stay tell her to get a loan on the house and land and car you bought for her and her family and deposit the money in the bank.  Tell her you will make the payments on the loan.  How much are loan payments on 800,000 secured loan for 20 years?

[Solinvictus 118]

Nice point!

 

Ohh how much the tides would turn on allot of couples if guys did that more often, asking her to put up more especially after being generous.  I for sure ain't being 'had' in my roots here.

[swissie 3,921]

OP's suggestions are not that outlandish. After the Farang has invested a few millions in property, why not take out a loan to finance Farang-Hubby's retirement visa extension if necessary?

Of course, it would show if "true-love" is present or the marriage was founded on "alternative" reasons.

[Gracas 805]

27 minutes ago, swissie said:

OP's suggestions are not that outlandish. After the Farang has invested a few millions in property, why not take out a loan to finance Farang-Hubby's retirement visa extension if necessary?

Of course, it would show if "true-love" is present or the marriage was founded on "alternative" reasons.

I think there are many who don't want to know the out come of this TEST.

But it is a very good idea.

[impulse 16,176]

Sounds pretty reasonable from one side. 

 

But If I were a suspicious woman, I'd be a little concerned that the guy's trying to get some of his investment back before skipping the country, leaving me with a mortgage on the property I owned free and clear yesterday.

 

[swissie 3,921]

2 hours ago, Gracas said:

I think there are many who don't want to know the out come of this TEST.

But it is a very good idea.

Yes indeed. It would indicate to any Thai Beneficiary that the Farang is running low on money. (Heaven forbid). Also would the Farang "lose face" big time. A Farang without money has the status of a Soi Dog in Thailand.

[473geo 2,281]

31 minutes ago, swissie said:

Yes indeed. It would indicate to any Thai Beneficiary that the Farang is running low on money. (Heaven forbid). Also would the Farang "lose face" big time. A Farang without money has the status of a Soi Dog in Thailand.

Not sure how your maths comes up with 'without money' the idea being the pot is created at low Thai interest rates and the loan is gently lowered leaving the farang with a comfortable surplus for daily spending. No hassles about bringing monthly money in and in reality probably less expensive than renting. After a period of time hopefully the loan is paid off, wife has a house, and there is 800k in the bank. All good.

 

[sidjameson 71]

7% on 800k is 56k a year in interest.

4700 a month.

Bit of a hit.

[marcusarelus 2,967]

All those posts about Thai immigration colluding with banks to increase deposits would be ended.  Thai house, Thai money, Thai wife, all help the selfless Farang who brought in all the cash to buy a house for the family and children.  On many threads I was told to get to know the Farang who were being negatively effected by the new regulations.  If they are out of cash because of expenditures for a Thai family now is the time for the family to help in return. 

[steve187 3,482]

it would only be 400,000 not the 800,000 baht in the op

[marcusarelus 2,967]

Just now, steve187 said:

it would only be 400,000 not the 800,000 baht in the op

That works too.  I was thinking of the married guys who don't want the hassle of the marriage extension rigamarole and use the retirement option.  

[swissie 3,921]

2 hours ago, 473geo said:

Not sure how your maths comes up with 'without money' the idea being the pot is created at low Thai interest rates and the loan is gently lowered leaving the farang with a comfortable surplus for daily spending. No hassles about bringing monthly money in and in reality probably less expensive than renting. After a period of time hopefully the loan is paid off, wife has a house, and there is 800k in the bank. All good.

 

Say what? Stop smoking those weeds. A Farang not able to come up with 800K is considered as "Bankrupt" among Thais.

[steve187 3,482]

14 minutes ago, marcusarelus said:

That works too.  I was thinking of the married guys who don't want the hassle of the marriage extension rigamarole and use the retirement option.  

if you are having to pay interest on the money the hassle would be minimal compared to finding the repayment money

[473geo 2,281]

4 hours ago, swissie said:

Say what? Stop smoking those weeds. A Farang not able to come up with 800K is considered as "Bankrupt" among Thais.

I doubt a farang living in 3 mill home, truck, and 50k baht a month income is considered bankrupt but you are welcome to your opinion

[Kwasaki 5,904]

12 hours ago, marcusarelus said:

If the wife wants you to stay tell her to get a loan on the house and land and car you bought for her and her family and deposit the money in the bank.

Can't all of it has already been loaned against and the money went on the lottery.