Before you actually get hold of the property you want, you still have to pay for it. You will not be able to just get hold of it without paying anything, both to the seller and the government through taxes. Even if you already have the purchasing power at hand, ready to be exchanged with
Through the years, Thailand has become a haven for tourists, investors and retirees from virtually all corners of the world. Many of them are looking for properties to acquire and call them their own. But because of the rather complicated Thai Property Law, these foreigners are having a hard time acquiring the property they wished
Thailand remained strong and even posted growth in property demand at the start of 2013. This is according to TheMoveChannel.com. The site even disclosed that Thailand is now in Top 10 of the list. With this growth along with the age of the internet, smart phones and tablets, more and more foreign individuals who are interested in purchasing properties in the Kingdom came to know the available properties online.
Due Diligence is an act carefully done by a person who is planning to purchase a property. This includes but not limited to i.e. title search report, photos of the land/property, translations to construction permits and other related documents. Ideally, this is completed before any payment or signing of agreement is made between the seller
A foreigner is not allowed to own land in Thailand according to Thai Property law. However, there are other ways wherein a foreigner can enjoy such rights and these are, namely; through leasehold ownership, through a company under certain conditions, through the Board of Investment (BOI), through other forms of structured ownership, or if the
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