What asian countries allow foreigners to own land?
Posted: June 9th, 2010, 9:01 am
Are there any?
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globetrotter wrote:Why is this important?
I know that most Anglos have this obsession with owning land and 'no one can tax me on it or take it away, forever, for 10,000 year's...but functionally speaking you can rent a house in rural Asia for $200 a month forever. 100 year leases are common in Asia.
Yes, yes, yes, the big bad government can come and force you to move, blah, blah, blah.
You can buy land in the RP, through your spouse in Thailand or Vietnam, China all land is owned by The People but you can own the house or a condo or apartment for cheap and rent for cheaper.
Whatever you do, never buy land or put assets in your local wife's name, at least not in SE Asia. If you do, you give her power and incentive her leave you. The Issan area of Thailand is full of houses bought by foreign 'water buffalos' but who are no longer even welcome on the premises.yatterman1 wrote:globetrotter wrote:Why is this important?
I know that most Anglos have this obsession with owning land and 'no one can tax me on it or take it away, forever, for 10,000 year's...but functionally speaking you can rent a house in rural Asia for $200 a month forever. 100 year leases are common in Asia.
Yes, yes, yes, the big bad government can come and force you to move, blah, blah, blah.
You can buy land in the RP, through your spouse in Thailand or Vietnam, China all land is owned by The People but you can own the house or a condo or apartment for cheap and rent for cheaper.
Yeah but if I marry a woman and she decides to leave me, my understanding is she can legally kick me out and there's not a damn thing I can do about it.
So I can lease land on my own? Would I have a ton of restrictions and is there a chance the government would force me to move? I know you preemptively mocked this point but thats a pretty valid question.
Also when you lease land is it like a one time fee and you're good for 50 years or whatever or are there monthly/yearly fees?
-Lease? Yes. Put it in your name.yatterman1 wrote:globetrotter wrote:Why is this important?
I know that most Anglos have this obsession with owning land and 'no one can tax me on it or take it away, forever, for 10,000 year's...but functionally speaking you can rent a house in rural Asia for $200 a month forever. 100 year leases are common in Asia.
Yes, yes, yes, the big bad government can come and force you to move, blah, blah, blah.
You can buy land in the RP, through your spouse in Thailand or Vietnam, China all land is owned by The People but you can own the house or a condo or apartment for cheap and rent for cheaper.
Yeah but if I marry a woman and she decides to leave me, my understanding is she can legally kick me out and there's not a damn thing I can do about it.
So I can lease land on my own? Would I have a ton of restrictions and is there a chance the government would force me to move? I know you preemptively mocked this point but thats a pretty valid question.
Also when you lease land is it like a one time fee and you're good for 50 years or whatever or are there monthly/yearly fees?
So is China the only country that forces people to move on short notice? Like what are the odds that say...the philippines would force me to move?globetrotter wrote:-Lease? Yes. Put it in your name.yatterman1 wrote:globetrotter wrote:Why is this important?
I know that most Anglos have this obsession with owning land and 'no one can tax me on it or take it away, forever, for 10,000 year's...but functionally speaking you can rent a house in rural Asia for $200 a month forever. 100 year leases are common in Asia.
Yes, yes, yes, the big bad government can come and force you to move, blah, blah, blah.
You can buy land in the RP, through your spouse in Thailand or Vietnam, China all land is owned by The People but you can own the house or a condo or apartment for cheap and rent for cheaper.
Yeah but if I marry a woman and she decides to leave me, my understanding is she can legally kick me out and there's not a damn thing I can do about it.
So I can lease land on my own? Would I have a ton of restrictions and is there a chance the government would force me to move? I know you preemptively mocked this point but thats a pretty valid question.
Also when you lease land is it like a one time fee and you're good for 50 years or whatever or are there monthly/yearly fees?
-Restrictions? No one cares what modifications you make to your house in SE Asia. Permits? No one needs them.
-Is there a chance the government can force you to move? Yes. Just get another place for cheap or move to the rural areas where no one wants to develop your house into a hi-rise.
-Yearly Fees? That's USA thinking. In most of the world once you sign a lease or own a condo or apartment or own a house and the land, it is yours. Period. There are no fees although in China the government can force you to move on short notice.
-Taxes for real estate in most of the world are minuscule, so small as to be not worth mentioning. Think $30 a year.
Yatterman, if you seriously want to research this issue, go try http://www.internationalsexguide.info . Visit the sections for each country, go the "Living in..." threads, and ask the guys on there. Some of them are real long term expats and have a lot of valuable local info.yatterman1 wrote:globetrotter wrote:
So is China the only country that forces people to move on short notice? Like what are the odds that say...the philippines would force me to move?
globetrotter wrote:It is very obvious from posts who is an expat and who is not.
Those still in the USA are run by fear and ask question after question designed to allay their fears, fears that have all been instilled by the BS MSM.
Then when we answer their questions, do they feel safe to expat? Of course not, no. They come up with new fears to be afraid of and ask questions about THOSE topics, too. This can continue for a decade or more on MRA fora -- I have seen it myself.
Here is the plan:
1) Sell everything
2) Buy a plane ticket
3) Move/expat
Action is all. This incessant talk just pisses me off, and I am not rich nor some genius. If I can do this anyone on this forum list can. This takes 6 months. Anything else is just an excuse.
Been there, spent money recklessly or not so recklessly because salaries there are not that high. Invested in a scam. My saving grace was my good credit and credit cards. I was able to leave Thailand and go back to the US by charging my ticket on one of the cards. Other guys took swan dives. Then I went to Saudi and paid back the credit card debt. American Express will repatriate you. Then you can make repayment plans with them. Other cards can have up to 18 month grace periods and low interest repayment plans. Or you can declare bankruptcy. Not a good thing to do but beats suicide. Or you can get on one of those CCCC programs and after 7 years in Dubai and the Philippines go back to the US with a clean slate.The men in Thailand who spend recklessly all of their money, then take swan dives from the balconies rather than trying to go home and start over.
Not practical. But quilting your world with the US still being a rather stable citizenship base, a place to get credit and have some property and debit cards, and have addresses and DLs from is a good idea. Then you add Saudi money and Asian playgrounds to it.That's why I find all this "sell everything you have" stuff to be impractical. It is nice if you already have about $50,000 saved up. If you do not, better to secure the money or job in the foreign country first. Then expat. Not before.
English is firmly entrenched as the lingua franca of the world. Britain, Oz , Canada and the UK are great educational destinations. Millions of students need to study for IELTS which is replacing TOEFL as the most popular test. Also, English is no longer a language to communicate with Gringos, but for the Japanese to talk with Koreans, for Mexicans to talk with Germans, for Russians to talk with Iranians.With the direction the world is taking now (USA crumbling), I dont know how valuable teaching English will be, if Americans arent rich enough to do business with the rest of the world.
Consumer credit counceling and there is another c that stands for? I forgot. But maybe it is just three C's? It is when you are in debt, you contact these guys and they make a budget for you and then you repay it little by little.@Lasdislav:
WHAT is 'CCCC'? Never heard of it.
Precisely!Even if ALL of the Anglo-World crumbles, there needs to be an L2, or second language, for bi-lingual, global business.
English is just as good as French or Portuguese or Latin or Chinese...but it has a huge headstart.
Having that 'natural accent' and the right passport still lands jobs that pay 3X to 8X local salaries.
http://www.doingbusinessthailand.com/th ... -asia.htmlyatterman1 wrote:Are there any?