Land and or house Law in Thailand
Option for Buying Land or Property in Phuket When buying a property, finding and doing due diligence on the property, signing the contract, and transferring ownership of the asset, which way to go when an option is possible? Buy land or buy shares in the Thai LLC? Go to the Land Department or go to [...]
Even the Land Code B.E. 2497, Sections 86 and 87, has exemptions for foreigners to buy the land freehold, but the exemptions don’t apply to most foreigners. However, it is possible to buy land freehold through a Thai Company when running the business by a Thai Company. In addition, a ‘house freehold’ is allowed [...]
10 Key points to verify when Land and building due diligence Purchasing property in Phuket is popular with foreigners, whether a land, villa, house, or condominium. In most cases, the purpose of the purchase is an investment or a residence. Often, both investment and residence occur at the same time. The first important step [...]
4 Sorts of Land Titles Deed in Phuket We’d Recommend Plenty of land title deeds can be found in Phuket, Thailand. Depending on the use you plan to make of it, the legal designation is primordial. In most cases, you want a plot to build your residence, to develop a project, or simply for [...]
The Building and Land Tax Act B.E. 2562 came into effect on January 1, 2020, in lieu of the House and Building Tax Act B.E. 2475 and the Local Development Tax Act B.E. 2508 to stimulate the use of land and buildings. It is a good idea to know how it works. Who is [...]
How Property Due Diligence Works in Phuket? First of all, in this article, property due diligence means all types of immovable property. Such as land, houses, condominiums, and other commercial buildings, both developed and undeveloped. In this article, we focus on basic knowledge regarding land and building due diligence. In case you are looking [...]