I'm thinking about picking up 22 rai to subdivide and resell at what I think will generate fair profits.
The intial plan was to create a loan/document/mortgage, loaning my gf the money to buy.
A few others here haave done that restricting the wife/gf from selling until the loan is repaid, with interest.
Their name (husband/bf)has been added to the chanote as lein holder or whatever.
I've talked to the bank about the Foreign Exchange Transaction Form and advised the amount is now over 50k to qualify.
They also mentioned if I realized a profit, supplying the sales forms, they would include the profits on the Foreign Exchange Transaction Form
allowing the return of those funds to my home country if desired.
After the purchase, the plans are to split it up, creating new chanotes for each piece.
I'm hoping the new land doc's will follow the original, keeping me on as leinholder. Not sure about that.
Does anyone have any idea how, upon selling piece by piece, the loan release will work?
Upon final sales of the pieces, over and above the original purchase, I'm assuming some sort of tax will be due?
By whom and in what percentages?
We're going back to the land office tomorrow with a list of questions that may answer some of these questions and if the taxes are indeed going up next year as posters here have beed debaiting.
A bit complicated to me as it's a new venture here and any help would by appreciated.
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Topics I've Started
Buying To Subdivide And Resell
2011-12-19 13:10:59
Sub Dividing Land
2011-12-15 16:36:50
I'm looking at buying a larger piece of land and putting it into mu gf's name.
It's to big for personal use and we just want to get it re-surveyed into smaller pieces to resell.
There are no houses currently on the land and it does have a chanote, which I would like to have for the smaller pieces.
Questions...
Does the way it's registered have any impact on this, or, how should it be registered at the land office to allow this reselling?
I'm assuming that each piece would have to be registered at the land office for the chanote.
Any procedures,reommendations, suggestions or a guestimation on costs would be appreciated.
Thanks in advance.
It's to big for personal use and we just want to get it re-surveyed into smaller pieces to resell.
There are no houses currently on the land and it does have a chanote, which I would like to have for the smaller pieces.
Questions...
Does the way it's registered have any impact on this, or, how should it be registered at the land office to allow this reselling?
I'm assuming that each piece would have to be registered at the land office for the chanote.
Any procedures,reommendations, suggestions or a guestimation on costs would be appreciated.
Thanks in advance.
Government Insurance
2011-10-04 17:12:05
I'm currently looking for insurance and realize I cannot get what I want from any Thai company due to pre existings, age restrictions and renewal limitations.
Most international comanies that will cover the hypertension (with a load), with 0 deductable and 0 copay will charge $5500 to $6000 annually.
I'll soon be in a position to recieve the free (maried to a government employee) insurance with access to the local army or public hospital.
The public (30 baht)hospitals I've been in are a zoo with masses of patients everywhere awaiting thier turn.
The wife insists that her governmant insurance is of much better quality and service.
I know many here are self insured and justify thier reasoning as well as those that purchase a private policy.
But just how extreem are the differences between the care provided for the military and other government employees and that of the private hospitals, and do you use the government hospitals?
Any and all information is appreciated.
Most international comanies that will cover the hypertension (with a load), with 0 deductable and 0 copay will charge $5500 to $6000 annually.
I'll soon be in a position to recieve the free (maried to a government employee) insurance with access to the local army or public hospital.
The public (30 baht)hospitals I've been in are a zoo with masses of patients everywhere awaiting thier turn.
The wife insists that her governmant insurance is of much better quality and service.
I know many here are self insured and justify thier reasoning as well as those that purchase a private policy.
But just how extreem are the differences between the care provided for the military and other government employees and that of the private hospitals, and do you use the government hospitals?
Any and all information is appreciated.
Location Assistance Needed
2011-04-17 10:13:06
I'll be heading back to your neck of the woods next week from Udon, and will stay in CM for a few days b4 heading up to CR.
If someone could direct me to any shops carrying motorcycle accessories, it would be helpfull.
Specifically bags/luggage but I've been known to spend my monies on other goods as well.
Can't wait to visit your fair city again.
Thanks in advance.
If someone could direct me to any shops carrying motorcycle accessories, it would be helpfull.
Specifically bags/luggage but I've been known to spend my monies on other goods as well.
Can't wait to visit your fair city again.
Thanks in advance.
Bowling Ball
2010-09-23 19:53:22
Any suggestions.
I'm in the Udon area and there seems to be no source around here.
Thanks in advance for any assiatance....
I'm in the Udon area and there seems to be no source around here.
Thanks in advance for any assiatance....
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