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Thread: Death taxes

  1. #11
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    Re: Death taxes

    Omega, it isn't 'them', it is us. As in I and my fellow foreigners here. We can easily fall pray, if not observing basic precautions.

    Not you, of course, you are above all this. You won't be making family here, you are here for culture. Disregard this thread. Open a thread about culture and temples and how paying for sex is dirty.

    What was it how you referred to us? Oh, here it is:

    Quote Originally Posted by Omega View Post
    Wow.

    Friendly crowd here.

    No wonder you're all talking about paying for sex.

  2. #12
    Senior member Chuai-Duai's Avatar
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    Re: Death taxes

    My Thai boyfriend tells me that he’s told his relatives that if he dies I’m to have his house. As far as I know he’s not made any formal kind of Will and as he also doesn’t seem to have any documents that prove he actually owns the house, which was left to him by his father, it seems unlikely to happen. He’s also exactly twenty years younger than me so, hopefully, it won’t happen anyway. I’ve no idea what sort of tax complications inheriting a house in Thailand would involve but it does seem a remote possibility. The property is hardly a piece of prime real estate anyway as it’s in a very poor part of Ratchaburi Provence and is usually unoccupied as my boyfriend lives in Bangkok.


    He’s never asked me if I’ve made a similar arrangement for him to inherit my house but I expect he knows the answer which is “No”.

  3. #13
    Forum's veteran goji's Avatar
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    Re: Death taxes

    Quote Originally Posted by scottish-guy View Post
    I'm guessing there must be some Pattaya by-law which says that if you suddenly fall off a balcony to your death then your Thai Wife, BF/GF, Boy/Girl Special, Regular Shag, or One Night Stand, gets everything he/she has not already cleaned you out of.
    I always thought the people falling off balconies would be those who are dumb enough to write a will which means the other party has a huge financial gain from a death.

    If there is true love, no problem.
    If the whole relationship is based on money grabbing, the moment you have a character with no morals & the relationship becomes strained, the death of the farang is the most profitable way to end the relationship.

    I don't know where to find the stats, but jumping off a balcony must be one of the less common suicide methods for farang outside of Thailand. As it is so common for Farang in Thailand, one would think assistance is frequently involved.

    As for inheritance taxes, I doubt Thailand would share such details with European countries as efficiently as 2 developed European countries might. Even there, I know cases where someone who has lived in one EU country for decades, without his country of residence knowing anything about the properties owned in another.

    Also, in the UK, there is an inheritance tax threshold. Assuming it's applicable, your average Thai house will be nowhere near the level to trigger taxes.

  4. #14
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    Re: Death taxes

    frequent...apart from death taxes and other questions??...perhaps pertaining to fashion..as in whats suitable to wear while visiting a shopping mall with your GF??

  5. #15
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    Re: Death taxes

    I think straight males get screwed out of property at a higher rate than gay.
    Of course straights are X 10 more prolific but I think they'r duped at a higher pro-rata level also.
    I have no real proof of this - only a lot of anecdotal evidence.
    I think pussy foolish is stronger than the cock equivalent or something like that.

  6. #16
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    Re: Death taxes

    Quote Originally Posted by FarangRuMak View Post
    I have no real proof of this
    On par with all your other posts then

  7. #17
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    Re: Death taxes

    Quote Originally Posted by latintopxxx View Post
    frequent...apart from death taxes and other questions??...perhaps pertaining to fashion..as in whats suitable to wear while visiting a shopping mall with your GF??
    Spot on, latin. Are temporary tattoos OK, for example?

  8. #18
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    Re: Death taxes

    - If a farang inherits a Thai property then he must sell it within 12 months. Since everyone will know you are under time pressure, you won't get market value. Best idea might be to sell it to his/her family then lease it back for 30 years.

    - Thailand just introduced an estate tax but the exclusions are pretty generous. One hundred million baht for spouse/family, fifty million baht for non-relatives.

  9. User who gave Like to post:

    christianpfc (July 28th, 2017)

  10. #19
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    Re: Death taxes

    Quote Originally Posted by frequent View Post
    On par with all your other posts then
    On a par with.

  11. #20
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    Re: Death taxes

    Quote Originally Posted by whitemouse View Post
    Foreigners put their condos on Thai partner's name, sure way to flying lessons
    But look on the bright side; they'd only have to take one lesson.

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