A Very Sad Expat Story in Kampot - BUT with Happy Ending

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fazur
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Re: A Very Sad Expat Story in Kampot

Post by fazur » Thu Apr 30, 2020 9:28 am

what has pieman to say now?

well done, HE!
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PSD-Kiwi
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Re: A Very Sad Expat Story in Kampot

Post by PSD-Kiwi » Thu Apr 30, 2020 9:56 am

atst wrote:
Thu Apr 30, 2020 9:22 am
Good on him, though not sure how he can own land or have I missed something?
Most likely the same way he originally purchased, and then lost, the land....via the nominee structure with the real estate agent as the nominee....he still doesn't own the land, because legally he can't :facepalm:
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fazur
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Re: A Very Sad Expat Story in Kampot

Post by fazur » Thu Apr 30, 2020 10:01 am

bet nobody will mess with it now, not with HE being involved
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Kammekor
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Re: A Very Sad Expat Story in Kampot

Post by Kammekor » Thu Apr 30, 2020 10:56 am

fazur wrote:
Thu Apr 30, 2020 10:01 am
bet nobody will mess with it now, not with HE being involved
The nominee will just sit out the ride for a few years, silently waiting, until ....
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fazur
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Re: A Very Sad Expat Story in Kampot

Post by fazur » Thu Apr 30, 2020 11:02 am

i think if HE ha d to intervene again he would not be happy
offroadscholar
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Re: A Very Sad Expat Story in Kampot

Post by offroadscholar » Thu Apr 30, 2020 12:13 pm

I think his age and simple appearance might have gained some sympathy from the Cambodians.
Assuming the property is now in the name of another Cambodian (the RE agent that helped him ??) he should do a longterm lease with them. I've read this is pretty safe if the terms are drawn up correctly and the lease is registered against the title in PP to prevent any sale without the Lessees consent. He'd have to pay a monthly rent to make it legit, but call it insurance.
boom
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Re: A Very Sad Expat Story in Kampot

Post by boom » Thu Apr 30, 2020 7:38 pm

According to Tom’s Facebook page latest update, he thanks HE for Cambodian citizenship being given to him. 👍
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CEOCambodiaNews
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Re: A Very Sad Expat Story in Kampot

Post by CEOCambodiaNews » Thu Apr 30, 2020 8:10 pm

This is quite an exceptional outcome. Cambodian citizenship is notoriously difficult to obtain.
Well done Tom and his supporters.

From his facebook page.
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PSD-Kiwi
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Re: A Very Sad Expat Story in Kampot

Post by PSD-Kiwi » Thu Apr 30, 2020 8:11 pm

@offroadscholar ...long term lease as you described is one of the safest options. No need to pay monthly rent though, because you "purchase" the entire lease period initially.

@kammekor...precisely, this guys probably gonna cark it in a few years, then the property will belong to whoever the nominee is.
Jerry Atrick
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Re: A Very Sad Expat Story in Kampot

Post by Jerry Atrick » Thu Apr 30, 2020 8:22 pm

PSD-Kiwi wrote:
Thu Apr 30, 2020 8:11 pm
@offroadscholar ...long term lease as you described is one of the safest options. No need to pay monthly rent though, because you "purchase" the entire lease period initially.

@kammekor...precisely, this guys probably gonna cark it in a few years, then the property will belong to whoever the nominee is.
Apparently, he's now a Khmer Citizen, so he will have it in his own name.

Good for him.
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