Property Mortgages in Thailand
Property Mortgages in Thailand. In Thailand, mortgages are governed under a combination of civil law principles and financial regulations. Mortgaging property is a widely used mechanism for Thais to purchase real estate, while foreigners may face substantial restrictions under Thai land laws. Understanding the mortgage process—both in terms of legal structure and practical application—is critical […]
Escrow Accounts in Thailand
Escrow accounts in Thailand provide a secure financial mechanism for business transactions, ensuring that funds are held by a neutral third party until contractual obligations are met. While escrow services are widely used in international business, their use in Thailand is highly regulated and limited to specific circumstances under the Escrow Act B.E. 2551 (2008). […]
Servitudes in Thailand
Servitudes in Thailand are a form of legal agreement granting one landowner the right to use another’s land for specific purposes. These agreements are crucial in land management, ensuring access, utility, and shared use of properties. Governed by the Civil and Commercial Code of Thailand, servitudes facilitate practical arrangements such as access roads, drainage systems, […]
Property Leasehold in Thailand
Property Leasehold in Thailand. Leasehold ownership is a widely used mechanism in Thailand, especially for foreigners seeking long-term rights to use land or property in a country where direct land ownership is restricted. The leasehold structure provides a legal framework for residential, commercial, and investment purposes, offering security and flexibility for those navigating Thai property […]
Title Deeds in Thailand
Title Deeds in Thailand. A title deed is an essential legal document that establishes ownership rights to land or property in Thailand. The type of title deed determines the extent of ownership and the rights the holder has over the property. Understanding the different types of title deeds is crucial when engaging in property transactions […]
Transferring Money to Thailand
Transferring money to Thailand is a common requirement for a range of purposes, from supporting family members and buying property to paying suppliers and conducting business transactions. Understanding the best methods, legal requirements, and financial considerations for international money transfers is essential, especially for those regularly moving funds across borders. Thailand offers a variety of […]
Usufruct in Thailand
Usufruct in Thailand. In Thailand, a usufruct is a legal arrangement that grants an individual the right to use and enjoy someone else’s property, typically land, without transferring ownership. This tool is especially popular among foreigners and expatriates who seek long-term rights to reside on or benefit from property in Thailand, where foreign land ownership […]
Buying Condo in Thailand
Buying Condo in Thailand. Thailand’s captivating beaches, delicious cuisine, and rich culture have long attracted visitors. But for some, the allure extends to setting down roots. One way to achieve this dream is by purchasing a condominium unit, offering a secure and convenient property option. Here’s a comprehensive guide to navigate the process of buying […]
Property Taxes in Thailand
Property Taxes in Thailand. Owning property in Thailand offers a chance to live in a stunning country with a vibrant culture. However, understanding the tax implications is essential for responsible property ownership. Here’s a breakdown of property taxes in Thailand: No General Property Tax: Unlike many countries, Thailand doesn’t impose a general annual property tax […]
Property Market in Thailand
Property Market in Thailand. Thailand’s property market is a thriving, dynamic industry that draws in both domestic and foreign investors looking for profitable ventures. Thailand provides a wide variety of real estate options, from peaceful beachside villas to busy metropolitan condominiums, so there is something for everyone in the market. Thailand’s real estate industry has […]