Category: Condominium

Handy Tips and the Know-hows for Purchasing Property in Thailand

| February 10, 2014 | Condominium, Land, Property, Villa
Handy Tips and the Know-hows for Purchasing Property in Thailand

Situated at the center of the Southeast Asian region with it’s tourist attracting slogan; Amazing Thailand, the country has been seeing a high increase of tourists visits over the years. According to 2013’s Global Destination Cities Index, Bangkok was listed as the number one tourist destination with roughly 15 million visitors.1 Seeing how attractive a […]

Continue Reading

The Thailand Real Estate Investment and Property Law Forum 2013

The Thailand Real Estate Investment and Property Law Forum 2013

Asia Business Connect held the “Thailand Real Estate Investment and Property Law Forum 2013″ conference at the Bangkok Convention Center last September 19th to September 20th. Mr. Kert Stavorn, a partner at Siam Legal International, gave a presentation regarding “Contract Strategies and Legal Concerns in Sales/Property Contracts for the Real Estate Business” and also sat […]

Continue Reading

Property Lease in Thailand

Property Lease in Thailand

Considerations for lease agreements in Thailand: Given the substantial issues relating to foreigners owning a freehold interest in Thai land, a more viable option for people wanting to have a legal and long term interest in property is done through lease agreements. There are however a number of pitfalls to be aware of, much of […]

Continue Reading

After I Purchase Property in Thailand, Should I make a Thai Will?

After I Purchase Property in Thailand, Should I make a Thai Will?

If you purchase property in Thailand, including a condominium, long term lease or shares in a Thai registered corporation, you should be sure that your estate plan takes your new property into account. Thai law provides that the succession to your immovable property in Thailand is governed by Thai law, so if you own a […]

Continue Reading

Due Diligence Process for Thai Property

Due Diligence Process for Thai Property

If you decide to invest in real property in Thailand, you will want to have all the information about the property you are interested in buying that you can. Researching your potential investment is sometimes called doing your due diligence. The due diligence process begins before you sign a contract or make any payment and […]

Continue Reading

U.S. Citizen Buying Property in Thailand

U.S. Citizen Buying Property in Thailand

While U.S. citizens are prohibited from buying land in Thailand, you can buy condominiums, long term land leases of up to 30 years, and the structures built upon the land. Buying land through a Thai dummy corporation is illegal, although you may hear of other people doing it. If you are thinking about buying a […]

Continue Reading

How to Own Real Property in Thailand

How to Own Real Property in Thailand

Buying real property in Thailand can be a valuable investment for foreigners if you do your homework and make sure to do it property. When making your plans you need to take into account the limitations on foreign land ownership and Thai tax law. The easiest way to buy property in Thailand is to buy […]

Continue Reading

Sale and Purchase Agreements

Sale and Purchase Agreements

If you are considering purchasing property in Thailand, you will want to be familiar with sale and purchase agreements. While you should always consult a reputable attorney and conduct due diligence before signing any agreement obligating you to purchase a property, you can learn from a careful review of any contract or agreement offered. In […]

Continue Reading

Buying Off-Plan: The Sales and Purchase Agreement

| June 1, 2012 | Condominium, Property
Buying Off-Plan: The Sales and Purchase Agreement

Off-plan condominium projects are an attractive option for foreigners desiring to live in Thailand because they offer the prospect of purchasing something that is brand-new. However, several concerns will naturally arise if one should enter into an agreement to purchase a new home in a pre-constructed condominium. In the past, unscrupulous developers have been known […]

Continue Reading

Condominium Ownership by Foreigners

Condominium Ownership by Foreigners

Buying condominium in Thailand is a particularly attractive option for foreigners wishing to reside in Thailand since, unlike the ownership of land, Thai law does not prevent foreigners from gaining freehold ownership of condominium units. However, Thai law still restricts foreign ownership of condominium units to the extent that it prohibits foreigners from owning more […]

Continue Reading

Search the blog