Real Estate Law in Phuket
Real Estate Law in Phuket: We not only share a Thai law article but also update it when laws, rules, and regulations change.
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 [...]
The COVID crisis and all its negative effects have pushed the Thai government to search for an economic solution, some of which involves foreign investment. Laws and regulations on land ownership for foreigners could, if the value of the house and land is at least 10 million THB, allow foreigners to buy and own a [...]
Easement in Thailand is called servitude rights. It is often involved when buying land, whether in Phuket or somewhere else in Thailand. Understanding servitude is useful when buying land. Whether leasehold or freehold land This article gives essential knowledge about "servitude" under Thai law. Servitude Definition Firstly, in order to understand the meaning of [...]
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 [...]
One of the hot real estate investments in Thailand for foreigners is buying a condo in Phuket. Both leasehold and freehold. Firstly, freehold in this article means foreigner freehold. It is a 100% legal investment for foreign investors. However, investment is an investment, which always comes with a risk. This article gives you five [...]
Leasehold and Freehold Rights in Phuket This article gives you a clear picture of the difference between leasehold and freehold in Phuket, Thailand. What are the differences between them? What are the advantages and disadvantages? Keep this difference in mind; it is important to get a clear idea of these notions before deciding. So, you [...]
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 [...]
When the right of way is blocked. The way of necessity is worked. This article is going to cover the way of life in Phuket and the rest of Thailand. Basic Law of Way in Thai Law First of all, Thai law uses the word "way," not "ROAD". This is similar to the law [...]
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 [...]