Although we recommend you use an independent lawyer when purchasing Phuket property it pays to understand the importance of getting the reservation agreement correct. Here we explain the usual contents and procedures in Thailand.
Phuket Property Buyers Guide
With a one off fee, the Thailand Elite Residence Program gives foreigners a privilege entry visa and allows them the right to live in Thailand for periods between 5 and 20 years.
Nearly all foreigners who wish to live in a property in Thailand for the long term are unaware that a leasehold may be converted to a Special Reciprocal Contract which can guarantee them a 60 year lease term.
Many owners currently renting their villas or condominiums to holiday makers on a short-term basis are seeking clarity on what they can or can't do. This article attempts to explain the current situation and where things may be headed. This article takes a broad overview of the current situation surrounding short-term rentals, and how things might change in the future.
What is Considered to be a Nominee Shareholder When Purchasing Phuket Real Estate Through a Thai Company?
Owning a property through a Thai Company is perfectly fine if the company has been structured correctly and is being run as a legitimate business. More importantly, the company should have proper shareholders who are not merely nominees.
For anyone looking for banking facilities in Phuket, we hope that this article provides you with what you are looking for. We also provide you a list of all the banks available to use on the island together with addresses and contact details.
Any foreigner wishing to purchase property in Thailand, should obtain legal representation. This article provides a comprehensive list of law firms on Phuket who may be able to assist.
Many developers now offer Phuket property investors a guaranteed “buy-back” option. In this article we explain what a buy-back is and question whether the promise of a buy-back from a developer should be taken seriously.
Lawyers in Thailand are continuously trying to devise legally accepted methods that might make it easier for foreigners to own landed property in Thailand. This article explains the Lease-Mortgage structure and how it might possibly help foreigners overcome the challenges they face with villa or house ownership.
Foreigners purchasing property in Phuket, or anywhere in Thailand, will be issued with a Tabien Baan, the government issued house registration book which registers one's address in Thailand. This article will help you understand what this is and helps to explain the differences between the blue and yellow versions of this document.
Find out about freehold property ownership in Thailand. This article aims to help buyers of property in Phuket differentiate between freehold and leasehold and why, if given the choice, they should always choose freehold over leasehold in Thailand.
Living on Asia’s Best Known Paradise Island – A Comprehensive Guide to Moving to and Living in Phuket
This article provides everything you need to know about moving to and living on the beautiful tropical island of Phuket. From shopping, schools, sport and recreational facilities to its wonderful beaches, yachting and diving, this guide has it all.