Condo problems

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1213

Dear Hillary,

Thanks for highlighting my plight Hillary; I’m now back in the UK.  I can’t afford to live in Thailand legally (there are underhand ways of acquiring a retirement visa) now I’ve sunk my life savings in a very dubious investment.  I’ll be stuck in health damaging England for another 3 years before I can practically afford to return to Jomtien.  I didn’t have enough time or money to get useful legal help while I was there till the end of June; though one seemed very promising.  I hope I live long enough to ‘return in triumph’ to Thailand in 2016.

Phil

Dear Phil,

Whilst everyone feels sorry for you, there were some legal steps that you should have done at the outset, but didn’t.  “Caveat Emptor”!  One of our regular readers also commented with: What you need to know is that if the condo is held in “company name” there is an annual corporate tax on your condo as well.  You must make arrangements to pay the corporate tax from overseas as assessed by the Land Office.  Sorry for more bad news friend, but always remember the old saying: “If it appears too good to be true…..it is.”