Buying a Condominium in Thailand

Buying a Condominium in Thailand

Real Estate
Since the law regarding the foreign ownership of land in Thailand is fairly straightforward - foreign individuals and foreign companies are not allowed to own any direct interest in land unless an exception to the general rule applies. Many people (or companies for that matter – both are permitted to hold title to condominium units) may want to take advantage. (more…)
Read More
Condominium Leasehold or Purchase

Condominium Leasehold or Purchase

Real Estate
Aside from the benefit of the avoidance of the 49% ratio rule, there are no clear advantages to buying a leasehold condominium, assuming the purchase price is not significantly lower than its freehold equivalent. This is not generally the case with ‘off plan’ leasehold units (units under development that have been purchased before the completion of construction). (more…)
Read More
Leasing Land In Thailand

Leasing Land In Thailand

Real Estate
With the current prohibitive rules on the freehold ownership of land for foreign buyers in Thailand, a long-term lease may be the most feasible, if not the only practically realistic alternative. We have covered the most frequently asked questions below. Should we not have covered the question or you do not understand a legal concept please do not hesitate to contact us online or in person. (more…)
Read More
Buying Property in your Spouses Name

Buying Property in your Spouses Name

Real Estate
One of the most common problems in Thailand when an expat decides to live in Thailand is to usually liquidate his assets in his home country and to purchase property in Thailand. Knowing that a villa or house or for that matter land cannot be purchased in their name the expat usually opts to place the house or villa in the name of his wife. (more…)
Read More