Category: Property
Phuket’s Property Market Shift: From Holiday Escape to Global Investment Hub
If you’re looking to move to Phuket to purchase Thai property, now is the perfect time. Fueled by rising foreign demand and new residential and mega projects, Phuket isn’t just known as a famous tourist destination but also a major investment hub. The province is now playing a major role in shaping Thailand’s international economy […]
Thailand Updates Its Will and Inheritance Laws: What You Need to Know
For expatriates, retirees, and foreign investors, Thailand offers an unparalleled lifestyle and strong investment opportunities. However, owning assets in Thailand, such as property, a business, or bank accounts, can create complex international legal risks. In January 2026, Thailand introduced a new Ministerial Regulation to modernize and standardize the preparation and registration of Wills at district […]
Thailand Property Market Slows as Developers Brace for 2026
The residential property market in Thailand is expected to stagnate in 2026, leading to a period of uncertainty for developers. Housing purchases and business decisions are being altered in response to lower local demand, increasing household debt, and evidence suggesting the economy will experience a downward spiral. While these impact Thai nationals the most, foreigners […]
Buying Property in Thailand in 2025
As Thailand’s real estate market continues to grow, so too does foreign interest. If you are interested in investing in real estate in Thailand, it’s essential that you learn and understand the laws on how to buy property in the country, as they are different for foreigners than Thai nationals. The low cost of living, […]
PM: New Regulations on Thai Cannabis Coming, but Recriminalization Is off the Table
Paetongtarn Shinawatra, Thailand’s current prime minister, announced that the Thai government will continue supporting the legalization of marijuana and hemp for medicinal and business purposes. Most importantly, Paetongtarn has clarified that the Thai government will not turn its back on this policy as was planned by the previous government. What is the Hemp and Marijuana […]
The Major Differences Between Thai And Western Criminal Law
Nothing is more disappointing than having an unexpected event throwing a wrench into your trip to Thailand. Fortunately, with the right knowledge, you can turn the situation around and make the best out of your time in the Land of Smiles. This is why it is essential to learn the differences between Western and Thai […]
Succession and Inheritance in Thailand
What is Succession? Succession is a transfer of rights and obligations from the testator to the heirs, who can exercise their rights when the testator is deceased as defined in the Thai Civil and Commercial Code (TCCC). What is Inheritance? Inheritance can be assets, rights, or obligations designated by the testator, in writing, to specific […]
Monkhood and Inheritance in Thailand
Rationales of Section 1622 of the Thai Civil and Commercial Code (TCCC) A Buddhist monk is prohibited to claim inheritance as an heir by this provision, but he can be a legatee. Once he leaves monkhood, he has the right to claim for inheritance. There are several justifications on this provision: A person who enters […]
Prohibited Assets in Thailand from Inheritance
Permitted and Prohibited Assets From Inheritance Debts and obligations can be inherited by the heir under the Thai Civil and Commercial Code (TCCC). However, Sections 1601 and 1734 of the TCCC define these terms as liabilities and limitations on heirs, ensuring that they are not being burdened by excessive debts: Section 1601 exempts the heir […]
Succession in Thailand: Heirship
Heirship: Disinheritance An heir can be anyone under the discretion of the testator. However, such an heir can be excluded from succession under Section 1606 of the Thai Civil and Commercial Code (TCCC), in the following circumstances: Acts with prejudices or fraudulent intentions in getting an excess inheritance. Is guilty of having committed premeditated murder […]
