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patongster

Member Since 2005-11-24
Offline Last Active Yesterday, 00:59
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Posts I've Made

In Topic: Aussie Dsp

2012-05-11 09:34:27

Why should hard working Australian taxpayers fund lazy parasites? I'm sure millions of Thai workers slaving away in factories for 12+ hours a day, 6 days per week would be over qualified to receive the Australian disability pension. The system in Australia creates this problem, by giving lazy people the option not to work.

In Topic: How Do You Cope/Plan To Cope In Thailand When 70+

2012-01-23 16:17:11

Interesting, my guess would be:

1. Younger wife
2. Children
3. Lots of money
4. Back to your own country

In Topic: Buying House From A Westerners Company

2012-01-18 02:31:24

View Postthaiwanderer, on 2012-01-11 22:04:21, said:

CCC1469 relates to any agreement - so same problem whether lease, usufruct, superficies or right of habitation.

If adamant wife to be the owner and don't want to go the (Thai nominee) company route can perhaps rely on the third party bit - your sibling or friend perhaps as co-lesse with you.

Or - structure it so lease granted to you before sale to her.

Or - wife buys and grants lease to an offshore company controlled by you.


There's no one size fits all.

Interesting. How does one go about  circumventing the requirement of fair payment to the lessor for leasing their land for 30 years? And secondly if the original lessor were to pass away, what then? The lease agreement is null and void?

In Topic: Purchasing An Investment Condo In Bangkok

2012-01-16 16:32:02

View Postwamberal, on 2012-01-16 15:36:35, said:



In the meantime, I would keep all income offshore, and only access it via a foreign ATM, with a foreign bank card.  I would not ever use an Australian based credit card or bank card to access foreign income (unless I was going to declare it in Australia).


Exactly.

In Topic: Purchasing An Investment Condo In Bangkok

2012-01-16 15:04:08

As far as paying tax on rental returns, it would appear that overseas rental income would have to be declared, and would be added onto your taxable income here in Australia. http://www.laclawyer...-Australia.aspx

Personally I think this is crap, and would not declare. Paid into your Thai bank, how would the greedy tax office ever find out?

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