It is almost common knowledge among foreign property buyers in Thailand that we need a Foreign Exchange Transaction form in order to buy a condominium in Thailand. It is an important document required so as to allow foreigners to purchase a freehold condominium unit here. This is essentially the only…
Generally, lease agreements remain valid and binding regardless of the transfer of ownership of the leased property. This is of course on the presumption that (i) a written lease agreement was executed between the lessee and the lessor — owner of the property at that time — and (ii) it…
Question: What is your opinion on the use of an offshore company as a minority shareholder in a Thai company holding land? Answer: The use of an offshore company as a minority shareholder has been a practice in Thailand and a means to minimize taxes and/or maintain confidentiality by some…
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