Escrow Accounts in Thailand
Escrow accounts in Thailand are a secure financial arrangement where a neutral third party holds funds or assets until specific contractual conditions between two parties are met. In Thailand, escrow accounts are frequently used in property transactions, mergers, and other high-value dealings. Governed by the Escrow Act B.E. 2551 (2008), these accounts ensure financial transparency […]
Villas in Thailand
Villas in Thailand represent a luxurious segment of the country’s real estate market, often located in prime destinations such as Phuket, Koh Samui, Chiang Mai, and Pattaya. Whether used as vacation homes, investment properties, or permanent residences, Thai villas offer a range of architectural styles, from traditional Thai designs to modern, minimalist aesthetics. 1. Types […]
Mortgage in Thailand
A mortgage in Thailand allows individuals, including foreigners, to finance the purchase of property through loans provided by banks or financial institutions. The Thai mortgage system is regulated by laws that ensure lenders’ rights and protect borrowers, particularly in case of default. While Thai citizens have broader access to mortgage loans, foreigners are often restricted […]
Usufruct in Thailand
Usufruct in Thailand. A usufruct is a unique legal arrangement in Thailand that grants a person (usufructuary) the right to use and benefit from a property owned by another (naked owner) for a specified period or their lifetime. It is commonly used by foreigners looking to enjoy long-term use of property without ownership rights, which […]
Title Search in Thailand
Title Search in Thailand. For anyone considering buying property in Thailand, whether a stunning beachfront villa or a cozy condo in the city, a title search is an absolute necessity. It’s the cornerstone of due diligence, protecting you from unforeseen issues and ensuring a smooth property transaction. What is a Title Search in Thailand? A […]
Servitudes in Thailand
Servitudes in Thailand. In Thailand, the concept of “servitudes,” also known as easements, plays a significant role in property ownership, particularly when purchasing land. Servitudes create a legal connection between two neighboring properties, establishing a relationship where one property (the dominant property) is granted specific rights to utilize or restrict the use of another property […]
Buying a Condo in Thailand
Buying a Condo in Thailand. Thailand, with its stunning beaches, vibrant culture, and welcoming atmosphere, has long been a dream destination for many. But what if you could transform that dream into reality by owning a piece of paradise? For those seeking a Thai haven, purchasing a condominium unit offers a secure and convenient property […]
Property Leasehold in Thailand
Property Leasehold in Thailand. In Thailand, leasing real estate is a popular option for both foreigners and natives, providing a substitute for freehold ownership. Those who want to invest in Thai real estate must comprehend the nuances of leasehold agreements. The main features of leasehold real estate in Thailand, as well as its advantages, regulatory […]
Property Taxes in Thailand
Property Taxes in Thailand. For those investing in the dynamic real estate market of Thailand, understanding the intricacies of property taxes is crucial. This article serves as a comprehensive guide to property taxes in Thailand, covering the types of taxes, tax rates, and key considerations for property owners. I. Types of Property Taxes in Thailand […]
Property Market in Thailand
The property market in Thailand has experienced significant growth and transformation over the years, attracting both local and international investors. As one of Southeast Asia’s most popular tourist destinations and a rapidly developing economy, Thailand offers a diverse range of opportunities for real estate investment. In this article, we will delve into the latest property […]