Category: Condominium

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

| February 10, 2014 | 0 Comments

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 […]

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The Thailand Real Estate Investment and Property Law Forum 2013

| November 22, 2013 | 0 Comments

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 […]

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Property Lease in Thailand

| February 8, 2013 | 0 Comments

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 […]

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

| December 21, 2012 | 0 Comments

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 […]

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Due Diligence Process for Thai Property

| December 14, 2012 | 0 Comments

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 […]

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U.S. Citizen Buying Property in Thailand

| November 16, 2012 | 0 Comments

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 […]

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How to Own Real Property in Thailand

| September 25, 2012 | 0 Comments

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 […]

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Sale and Purchase Agreements

| August 24, 2012 | 0 Comments

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 […]

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Buying Off-Plan: The Sales and Purchase Agreement

| June 1, 2012 | 0 Comments

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 […]

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Condominium Ownership by Foreigners

| May 8, 2012 | 0 Comments

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 […]

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