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If you buy property in Thailand?

Southeast Asia has always had a special attraction for me. When I started to spend time there about 5 years ago. I love the organized chaos of the streets of Bangkok, the food is prepared before you, and bargaining in markets. Amazing.

In general, I spent over 3 months in Thailand and I have many fond memories, adding that the fact that it gives exactly the center of Australia and Qantas a break of only 45 minutes to be received faster Oz. It 'a greatTarget.

They are usually a week long stopover on the way back to England. It gives me a tiring after 2 weeks with family and friends and break the 2 hours massage for about £ 7 What more could you want? :)

So naturally l thought if I spend so much time here / I could also buy a house. Then, of course, if I am ready to buy and have done extensive research, why investors should not buy my love?

Once the property before the tsunami in Phuket, I sawI thought I check out Pattaya (pronounced: "Pat-e-ya"), which is only about 1 hour, 20 minutes drive from the new Bangkok International Airport (the capital).

Pattaya is a seaside town (This ticks ticks and crosses are my due diligence) with a new highway, which means that there will be only about 45 minutes to get to and from the airport. (tick).

Pattaya is with 3 different real estate markets.

The first is the local market. The properties are conveniently located between 1 and 3 millionBaht (70 baht per € 1) so £ 15,000 - £ 45,000. Sounds good right. Well, maybe not. If you're not a local, it is unlikely that you buy at this level.

You can only rent the premises and investment returns do not think it would be big enough. (Cross)

The market for second and more interesting is the 20 million to 30 million baht. £ 285,000 - £ 430,000. Unbelievable you say? Now that's what I thought too. Forgotten, in fact, incredible - I was even shocked. What is the market of off planSpeculators. In my books, is another term for "speculators" "player" and hopefully you now know what I think of the players.

I think you can make money for them, but only by the "Mirror" before the conclusion, but obviously there are no guarantees for the prices are so high already. The way this market is a tremendous amount of growth has, since the flats of water are expensive as London, Sydney or New York. (Cross)

I believe that this market has been distributed on paperProfits rather than fundamentals. I see this quite often, and is one of the reasons why I deal in real estate, 99% of people who rent.

The final level is set between 5 and 9 million baht. So £ 70,000 - £ 130,000. This is the retired migrants and market. "It would be more than happy with these houses. 3-4 bedrooms, large open spaces, ensuites, parking and best of all - air conditioning.

I think this would be ideal for investment and make your chances better.(Tick)

Thick as a number of large multinational companies main offices in Bangkok and the expats who are happy to commute every day is pretty cheap for a place in Bangkok during the week, while spending the weekend home for rent in Pattaya . (Tick)

As an investor in Thailand is the first thing you must understand that no earth) (Cross, so that currently there are two possibilities: either the name of a Thai company to purchase and are the Thai people have their own (butsigned a document saying that) to replace the Thai citizens at any time. It is enough to buy a safe manner.

The other way, and the manner in which it is increasingly accepted, is a freehold / lease similar to what we use for the United Kingdom. Many builders of new ownership structures in this way.

BUT ... The Thai government has an unfortunate habit of changing the laws so you can be on the wrong side of change. They made a decision early in 2006, which effectivelystopped or severely restricted foreign ownership (Cross) and the stock market began a downward spiral so fast that they changed the law again at the end of the day. This type of backpeddling government is a potential warning signs. (Cross)

The country has had 18 coups since 1932, although not in the last 15 years have seen up to 2006. While all were shots of peace, is still a political instability. (Cross) on the side of a coup to a Thai person is probably the wayour politicians to work in agreement with the Lib Dems is not that a big problem, really.

Most of the shots were from the king. Thais have claimed a remarkable loyalty to their king, you go to Thailand where she will be seen, and until the coup of the king is everything in order is guaranteed. (Tick)

The king is the real power in Thailand, was an active participant and a representative of the people, and is a stable force in a prosperous country. (Tick)

TheThailand problem is, that the king is always old and may have a ticket to the throne of his young son, the irresponsible deeds known. So no one really knows how it will be in the position of the king, or whether to take the people to him. This could cause instability in the investment market. (Cross)

One of the most overlooked when inexperienced investors seeking new investment exotic regions, such as your money. Often the increase in value isfantastic, so double the investment € 20,000 and doubled (so now you have £ 80,000). This is a useful book until it actually sell or remortgage.

So that is not the crucial issue often can I make money? but how do I pay? or who wants to sell to me? "who buy from me? how much tax you pay l? how much I have left? Or, if you do not want to sell, such as equity-l will make the job for me?.

Often the answer is that you want. There and remortgageThey do not sell them, or if you do not need a lot less than you want to accept.

In Thailand, the loans are very tight. The Asian economic crisis hit Thailand particularly hard, and in fact have just begun to continue a series of concrete highways, which remained unfinished, and ground clearance. These massive highways stretch miles and the entrance is, and I see no exits and are amazing, too.

The bottom line is the confidence of banks not farang Thai(Foreigners), so that it can be blown through the circle, only 50% mortgage. And if you ever thought that a mortgage was trying to remortgaging. So that kind of leaves selling as the possibility of this kind goes against our philosophy.

All in all, I decided it would be better to rent a 5-star hotel or a villa on the beach for 2 weeks a year would be a property that has so many variables that you own.

If you are interested in buying in Thailand, you can make in any case, someMoney, but, as always, "Do your due diligence?" I am pleased to present the research we did before moving to if you're interested.

Living with passion

Brett :-)

PS. I love Thailand and if you go to ensure that you rent a bike and out into the real Thailand, not only for the cities and tourist attractions. The people are nice and the food is soooo good.

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One year multiple entry visa for Thailand

Foreigners coming to Thailand for several reasons. Some are here for business practices in the short term, while others simply enjoy the wonders of the amazing land of smiles too. Unfortunately, the validity of visas in Thailand for these purposes, against the usual 90 days are often limited in the form of a 60-days tourist visa, plus an extension of 30 days. Those who are forced to stay longer, the border, which is done every 15 days to leave for a period not exceeding three years orthe country and you arrive by plane to an additional 30 days without a visa stamp at the airport immigration. These alternatives are rather bulky and expensive.

Well, in fact, some nationalities, such as the Europeans (mostly nationals of EU Member States), Americans, Australians and Canadians actually take advantage of a year with multiple entries into Thailand in the form of a visa does not immigrant B, which may be able to enjoy your stay in Thailand for a year. This year a ThaiVisas may be applied in person or by mail to Thai Thai consulates and embassies abroad, as in the United Kingdom which is to accept and process visa applications from British citizens and permanent resident and citizen of the Union Union. There are also some Thai Embassy in Australia, which are the process of issuing visas and procedures fairly simple and straightforward. Those who are in North America and Canada also very efficient and timely manner to requests for visas. Only citizensthese countries and their permanent residence may apply for a visa Thai multiple years of entry, either by mail or in person.

Requirements

The essential requirements for application are as follows:

1. You need to keep the citizens of the countries mentioned above. Holders of permanent resident status, has allowed the United States, is applicable, if they can prove their green card when applying. You must also meet the other requirements of the Consulate. Some EU --Countries that are not allowed to pass from the Thai consulate in the United Kingdom apply by e-mail must show a valid address in the UK, where the outcome of the visa application is submitted. Otherwise they can only directly to the consulate and apply in person. The Thai consulate in Australia, all citizens of the countries listed above are allowed, either by mail or in person to present. Although the applicant must have the physical presence in the countrythe visa application is processed.

2. Passport with a validity of one year.

3. The Thai embassy and consulates in the United States demand deposit account with a minimum of $ 500, while the United Kingdom and require copies of AUS route or airline ticket.

4 documents Thai society. The Thai society, the organization of your visa will provide the consulate of your visa application and providenecessary documents to prove that the company is properly licensed and registered in accordance with the law and business in Thailand.

5. Visa application. All requested information must be submitted in shape. Do not forget to sign your name and the image you want.

Trial

If you win the services of a Thai company to assist you with visa application, the company will probably be used to request basic information and a copy ofThe passport and then they will be your visa application documents. You can send documents by courier. In turn have the opportunity to bring to the consulate in person or send by mail. If you intend to vote by mail, be sure to use the service by registered mail, in order to be able to get the runway, where it is possible to implement. The normal processing time at the post office has 5 working days and if the application in person, may adopt a tenderalone, or two days. Of course, you must list delays and other factors, so ideally anticipate the visa application must be made as soon as possible when and if it led to the departure for Thailand.

Taxes

In addition to the cost of the service that you have for the company, the organization will pay for the visa, consular fee must deal with 175 dollars, if the entry visa to the United States and 100 pounds applied in cases where you do yourThe use in the United Kingdom. This tax payment forms can console console 'who are paid to come to the visa application package.

Advantages of the One Year Multiple Entry Visa Thai

Among the obvious advantages of one year with multiple entries, is the ability to stay in Thailand for one year, unless you have to leave at the nearest border every 90 days to update the stamp of approval. You have to pay anything on-line on immigration, to do so. Onlyhave the shoulder charge travel. If you are coming from Bangkok, a visa can be run in 8 hours, as the next frontier is reached 4 hours away from the metropolis. In addition, there are a lot of agencies having to bring the border for a very reasonable price.

The visa also allows one years of work, if able to back up a proper permit to go with your visa is not B. It will also improve your chances, as an employer, it is easy to deal with employeesVisa. Must be granted the necessary work for you.

On another note, is not this type of visa will be extended. You need to go home and for another, if you want to continue to remain in Thailand. This visa may also take the long-term visa, such as age, since marriage and business visas, as long as you have the necessary qualifications to be converted.

Abstract

Some of the benefits of foreign nationality can obtain a multiple entry visa to Thailand one years[out] problems with the help of a Thai registered and licensed businesses. Even if the process is simple and straightforward, the need for a qualified company to help you recommend the application.

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