We discuss about pleasing Thai woman, US citizen retiring in Thailand, and if foreigners can own a condo in the country
Thai women are faithful to the love given by their husbands. They don’t get divorced simply because of an argument or financial problems. Thai girls love their husbands not for money, but for love and honesty. Bangkok ladies are very honest in liking and relating.
How do you know if a Thai woman loves you? When a girl prefers you, she’ll start talking to you more – she’ll ask about your job, your good friends, and your girl will try to get acquainted with you whenever she can. If you feel that your girl is definitely acting friendly and cheerful, this is a sign that she is instantly into you.
The allure of a Thai woman can be very strong.
It’s a very small percentage of people who have bad experiences in Thailand, they often bring it upon themselves, Thailand is a big country full of very beautiful girls. In the end, the truth is that trust in any relationship just takes time.
Traditionally, a man marrying a Thai bride would live with her family; the husband would then be obliged to financially care for his new in-laws and would receive their support in reciprocity. Family homes are usually inherited through female children, with husbands also benefiting.
If you wish to retire in Thailand, you will need to obtain a retirement visa, also known as a non-immigrant long-stay visa. You can do this in Thailand or at a consulate in your home country.
How much money do you need to retire in Thailand? A recent study by NetCredit estimated that a person needs approximately $390,000 (US) to retire in Thailand. The study covered most countries in the world, with the aim of estimating the cost of retirement based on the equivalent quality of life you would enjoy at home.
The Permanent Residence Permit allows you to stay in Thailand permanently without the need for a visa. In addition, it is another step on the way to acquiring Thai citizenship and passport. This is an opportunity that the Thai government offers to just 100 people of each nationality every year.
When moving to Thailand, you will need to obtain a visa – a requirement under the Thai Immigration Law. Most people moving to Thailand do so on a tourist visa (valid for 60 days) or a non-immigrant visa that is initially valid for 90 days and will need to be extended by Thai Immigration.
US citizens wishing to stay in Thailand for more than 90 days during any six month period must obtain a valid Thai visa from a Thai Embassy or Consulate authorized to issue visas.
No matter what type of visa you have, even if it is a tourist visa (used within 90 days from the date of issue and allows for an initial stay of 60 days), you can rent a house or condominium in Thailand as a vacation property or, on a longer term, with a suitable visa, a nice house or attractive condominium for a year or more.
How much does it cost to rent an apartment in Thailand? Renting a basic one-bedroom house in rural Thailand like Isan can cost as little as $50 a month. Remember, the 2021 daily minimum wage in Thailand ranges from $10.03 to $10.77.
There are no nationality restrictions and every foreigner who can enter Thailand legally (no visa requirements) can buy and own a condo unit within the condo’s foreign ownership quota, but every foreigner must personally qualify for ownership under the section 19 of the Condominium Law.
However, it is an accessible country. On average, the cost of living in Thailand is about 60% lower than in the US, and 15% to 30% lower than in much of the rest of Asia. Apartment rental prices are only about 16% of the rent in New York for an equivalent apartment.
You should plan to live in Thailand on a budget of at least $1,500 a month, with $2,000 being a more reasonable benchmark. This will allow you to live comfortably without breaking the bank. You could live a lot cheaper, as low as $1,000 a month, but you would probably struggle.
It must be stated that there is no general annual property tax in Thailand, but if individual owners rent or put their property for commercial use, the housing and rent tax is levied at the rate of 12.5% per annum. However, no general property tax imposed by the government in Thailand is good news for many.
Is buying an apartment in Thailand a good investment? Under the right circumstances, buying an apartment in Thailand can be a rewarding purchase and a good investment. If you are a foreigner interested in purchasing a condo in Thailand, there are several issues you need to be aware of. Thai law only allows foreigners to buy condominiums under certain circumstances.
Do you dream of moving to Thailand? It’s to your credit, but if it’s your first time coming for a long stay, renting is the easiest way to get used to the country. When renting a property, you will avoid many restrictive procedures that can sometimes be time consuming.
The cost of renting an apartment in Thailand is about 16% of what it costs to rent an equivalent apartment in New York City. Thailand is the 65th most expensive place to live in the world.
There are no nationality restrictions and every foreigner who can enter Thailand legally (no visa requirements) can buy and own a condo unit within the condo’s foreign ownership quota, but every foreigner must personally qualify for ownership under the section 19 of the Condominium Law.
Foreigners cannot buy land in Thailand, only condominiums and apartments. Foreigners cannot represent more than 40% of the condominium owners. However, a foreigner can buy an entire building, minus the land on which it was built.
Can anyone buy a house in Thailand? It is a commonly unknown fact that although a foreigner cannot own land in Thailand, he can own the house or structure built on it. Simply apply for a building permit to build the house in your own name. The next step is to get to know the real estate buying process in Thailand well.
Answer: According to Thai law, foreigners cannot own land directly in their name. However, they can buy condominiums in cash (freehold) or buy land and lease the land (usually for 30 years, with an option to extend) on which the property is located.
Foreigners are under the Land Code Act prohibited from owning land in Thailand therefore making it impossible for foreigners to obtain full ownership of land and houses in Thailand. Foreigners are allowed to own a unit in a condominium building under the Condominium Law.
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