Patong is Phuket's number one entertainment centre and most certainly has more energy than anywhere else on the island. Its fast pace attracts by far the largest amount of tourists and so investors in property here will always see a good return on their investment.
If you love to be away from people, then Phuket’s Northeast is probably as far away from the crowds you are ever going to find on the island. The pace of development is much slower here but we are seeing the ocasional new condo or villa project appear in the area.
If you are buying land in Phuket and plan to build then you need to make sure it adheres to current zoning laws building restrictions. There are many things that can go wrong that can turn your dream villa into a nightmare.
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.
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.
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.
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