Phuket, Pattaya, Bangkok are the key cities in the Kingdom hence the favorite for property purchase among foreign property investors. Small, medium to high end property developments abound in these cities affording a wide array of property choices among foreign buyers. When purchasing a property in these cities or in Thailand as a whole, the
Read MoreThai law is straightforward when it comes to properties acquired during marriage. These properties are referred to as community property or Sin Somros in Thai. These properties are divided equally among husband and wife in the event of divorce. Community property however, precludes properties acquired through inheritance or given as a gift. Personal property or
Read MoreThailand properties in the forms of land, condo, house and villas are sought after investments among foreigners who would like to partake in the country’s booming property market. These properties are often used as second homes or holiday homes and offer promising return on investments as these properties can rented out when not used or
Read MoreLeasehold is an alternative to the rare freehold type of ownership in Thailand. Properties such as land, house, and condos are normally leased out for 30 years with the option to extend the lease for another 30 years as applicable. The maximum lease term is 90 years. Whether it’s a short term or long term
Read MorePurchasing a condominium in Thailand is a simple and straightforward process. The foreigner can own the unit in their own name. The funds for the purchase of the Condo must be transferred from outside of Thailand in the foreign currency. The bank in Thailand will convert the funds into Thai baht and issue a Foreign
Read MorePurchasing property in Thailand can be a good investment for the foreigners. The cost of Thailand Property is less than that in the West. However, the foreigner is only allowed by law to own a Thailand Condominium in their own name. If the person wishes to own land in Thailand the safest method is to
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