Phuket Property Buyers Guide

This article explains exactly what a condominium is, as well providing some insight into the history and concept of the condominium legal struture.

For those investors looking to take advantage of Thailand’s flourishing real estate sector, but who also want to capitalise on Phuket’s booming tourism industry, then they should be looking at the condotel market.

For a foreigner who wishes to buy a villa, house or land in Thailand, the Prescribed Investment and the BOI’s Investment Promotion Act are ideal ways to achieve this. Both are legitimate routes to foreign freehold land ownership.

If you have a Thai spouse, there are more options open to you for buying a house or villa in Thailand. However, if you buy through a Thai Spouse, a joint declaration must be made stating that the Thai spouse purchased the house with his/her own personal funds.

The popularity of Condominium Branded Residences has risen significantly over the last few years, including in Phuket. High networth individuals are attracted to consistent returns and the quality associated with a luxury hotel brand.

Owning a condominium in Thailand through an offshore company may be a good inheritance tax planning tool, but owners need to also understand the tax consequences.

Land ownership laws in Thailand are very clear. Foreigners may not own land, although they can own the building.

Parents seeking primary and secondary education for their children are now spolit for choice. The island now has many quality schools to choose from.

Your Will makes sure that all your property and possessions are distributed according to your wishes after you die. This is especially important in Thailand.