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To: angkor; ExSoldier
Problem is you have to have a Thai spouse to get freehold which you need for a single-family home, otherwise it's leasehold, meaning condoville. I suppose you could grow bananas and leechees on your balcony.

The other option, although I am not too familiar with how it works, is a long term property lease. You lease a piece of land from someone for 40 years or so then do with it as you like including building a house. Of course, things revert to them at the end of the lease but if you are long gone, it doesn't matter.

66 posted on 09/20/2006 6:29:08 AM PDT by killjoy (Dirka dirka mohammed jihad! Sherpa sherpa bakalah!)
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To: killjoy

"The other option, although I am not too familiar with how it works, is a long term property lease"

Yeah, I've looked into that. You've described it properly. You need an underlying business entity to do it (and to hold the lease).

I'd rather enjoy the legal simplicity of a condo.


77 posted on 09/20/2006 6:53:52 AM PDT by angkor
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