How to Safely Buy Real Estate in Thailand
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How to Safely Buy Real Estate in Thailand by Rene-Philippe R Dubout is a comprehensive guide to any real estate purchase in Thailand [...]
The building of luxury homes on a small private residence estate in Ao Kai, Mae Phim, Thailand, illustrates that Mae Phim is becoming one of the most desirable areas on the coast within easy reach of Bangkok and the new International Airport [...]
Timing the point when you exchange money on the foreign exchange market can make a huge difference to the buying power which you will have in the local currency when considering foreign investment in a property purchase abroad [...]
Do I have to visit Thailand first if I want to buy one of the properties on your web site? If you see a property which you really like and want to secure it so that nobody else can buy it before you can get here then we can discuss with the seller whether he/she will be willing to provide an option contract in return for a deposit on the purchase / lease. [...]
Is Thailand a risky place to invest in property at the moment? Whilst there has been some political instability of late, for example the temporary closing of the new International Airport in 2008, this tends to get blown out of proportion by the foreign TV and press whose primary aim is to increase viewing statistics and sell papers. [...]
Can a foreigner use a Thai company to buy land in Thailand? Many foreigners do use a Thai company to purchase land and property in Thailand, whereby they are a controlling director with 49% share ownership, however if the company has been formed for the sole purpose of purchasing land/house on which to reside, and the company is not trading in any other capacity, then it may come under the scrutiny of the Thai authorities if it is seen purely as using the Thai shareholders as nominees on behalf of the foreigner [...]
A leasehold contract can last for up to 30 years, at which point the lease is automatically extinguished. Nevertheless, it is possible within Thai law (and common practice) also to ensure that the landowner contractually agrees for the option to have the right to extend the lease for a further 30 years, and indeed a further 30 yeas after that. [...]
It is possible for a foreigner to own 100% a condominium unit outright. Condominium developments require a special licence, and under this license the development is allowed to be minority owned by foreigners. In other words, no more than 49% of the condominium may be owned outright by foreigners. [...]
Can a foreigner own land in Thailand? A brief explanation of land ownership rights for foreigners, including leases, superficies, and usufructs [...]
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