Jump to content

Recommended Posts

So today off to land office for settlement of purchase of townhouse. Bank cheque and some cash in hand. Transfer into Thai partners name. She has her house book and her ID card. Apparently bank is not involved.

Anything re heads up on what to expect or what else is required would be very much appreciated.

Link to post
Share on other sites

if it is all going in partners name, all you need to do is go grab a coffee
as you will not be needed

if you are married
you can now purchase together as a married couple
(its not like it used to be)
i had this purchasing land a few months ago

  • Like 1
Link to post
Share on other sites
5 minutes ago, patman30 said:

if it is all going in partners name, all you need to do is go grab a coffee
as you will not be needed

if you are married
you can now purchase together as a married couple
(its not like it used to be)
i had this purchasing land a few months ago

Thanks.

Not married. Townhouse in her name only.

I had a suspicion that I might need to show transfer from my Oz bank into my Thai bank or perhaps sign something to say I have no rights to the property or declare that the money was a gift etc. Seems not to be the case.

Link to post
Share on other sites
9 minutes ago, DrJack54 said:

Thanks.

Not married. Townhouse in her name only.

I had a suspicion that I might need to show transfer from my Oz bank into my Thai bank or perhaps sign something to say I have no rights to the property or declare that the money was a gift etc. Seems not to be the case.

depends on value and land office used
as with everything here
it varies office to office

when we bought land (10 rai) few months back, we paid in cash (request of seller)
nothing was requested in regards to source of funds etc.

few years back
we purchased another plot of land
where my wife was asked for source of funds, as she was married, but i was not present
so we put in her mums name
as the MIL was not married on paper (only village ceremony)
the MIL did not have to show source of funds
if she was legally married (to her thai hubby)
then source of funds would have been required whether Thai or ferang hubby

  • Thanks 1
Link to post
Share on other sites

So update on my visit to land office yesterday.

As I have been told, property transfer in Thailand is a walk in the park, however it almost went pear shaped. 

The cashier cheque was made from my Thai bank and the land clerk wanted me to sign a waiver to any rights over the property (we are not married). The snag was that he wanted my passport. By shear luck I remembered that I had a photo on my phone of identity page.

Felt pretty foolish that I did not bring along my passport. 

We were in the land office (Srinakharin) for 90minutes. 

  • Like 1
Link to post
Share on other sites
On 1/11/2021 at 10:24 AM, patman30 said:

depends on value and land office used
as with everything here
it varies office to office

when we bought land (10 rai) few months back, we paid in cash (request of seller)
nothing was requested in regards to source of funds etc.

few years back
we purchased another plot of land
where my wife was asked for source of funds, as she was married, but i was not present
so we put in her mums name
as the MIL was not married on paper (only village ceremony)
the MIL did not have to show source of funds
if she was legally married (to her thai hubby)
then source of funds would have been required whether Thai or ferang hubby

For Thai married people the land office doesn't ask for source of funds, but for the spouse's consent for buying (and later selling) the property) 

Link to post
Share on other sites
On 1/11/2021 at 6:02 AM, patman30 said:

if you are married
you can now purchase together as a married couple
(its not like it used to be)
i had this purchasing land a few months ago

Can you explain.

My wife was given a waiver for me to sign in August. I am not in the country so the property was transferred to another family member. I will sign the waiver and transfer to my wife when i get back.

Link to post
Share on other sites

Farangs need a Tor Tor 3 from their bank showing FTT's foreign transfers inward and it has to be an accurate amount I believe. Your selling agent will advise you.  However if the transfer is to a Thai I not certain whether source of funds is needed.

Link to post
Share on other sites
On 1/11/2021 at 9:47 AM, DrJack54 said:

So today off to land office for settlement of purchase of townhouse. Bank cheque and some cash in hand. Transfer into Thai partners name. She has her house book and her ID card. Apparently bank is not involved.

Anything re heads up on what to expect or what else is required would be very much appreciated.

To pay land tax cant remember now 2% or 5% think 2%

Link to post
Share on other sites
On 1/11/2021 at 4:11 AM, DrJack54 said:

Thanks.

Not married. Townhouse in her name only.

I had a suspicion that I might need to show transfer from my Oz bank into my Thai bank or perhaps sign something to say I have no rights to the property or declare that the money was a gift etc. Seems not to be the case.

In some cases a land office has asked the foreigner, and I think it's mainly when the couple were married, to sign that he had no claim of funds or rights (or something like that) in the property. It vary from office to office, what they wish; probably nothing from you, as you are not married to the new property owner...🙂

Link to post
Share on other sites
2 hours ago, brianthainess said:

To pay land tax cant remember now 2% or 5% think 2%

They way this deal worked is the sale was from owner direct. I was more than happy with the price so was not going to haggle.

The sweetener was that the transfer costs were covered by him 100% so no idea of the land tax cost.

Link to post
Share on other sites
2 hours ago, khunPer said:

In some cases a land office has asked the foreigner, and I think it's mainly when the couple were married, to sign that he had no claim of funds or rights (or something like that) in the property. It vary from office to office, what they wish; probably nothing from you, as you are not married to the new property owner...🙂

Yes probably depends on office (same as immigration) however the land office was adamant I sign the waiver and show passport.

Screenshot worked. 

  • Like 1
Link to post
Share on other sites
3 hours ago, Postmaster said:

Farangs need a Tor Tor 3 from their bank showing FTT's foreign transfers inward and it has to be an accurate amount I believe. Your selling agent will advise you.  However if the transfer is to a Thai I not certain whether source of funds is needed.

The source of funds was not questioned. Guess different story if it was condo going into my name. 

  • Like 1
Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Recently Browsing   0 members

    No registered users viewing this page.

×
×
  • Create New...