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 August 9th, 2010
Buying a house in Thailand is not as straight forward as buying a condominium unit. Normally, foreigners cannot own houses in their own name because Thai law prohibits them from purchasing land. However there are ways to get around this limitation and still comply with Thai laws. Two common methods of acquiring a house in ThailandDomestic company. The first option consist in being the largest shareholder of a Thai …[Continue reading] August 8th, 2010
When buying a property in Bangkok, Pattaya, Phuket, Chiang Mai, Hua Hin or wherever you decide to purchase Real estate in Thailand is important to know the different types of applicable taxes and which party, buyer or seller, usually pays; as well as being able to estimate the overall cost of the transaction. Property TaxesBusiness tax. 3,3% of the government assessed price or sale price, whichever is higher. Levied against a vendor …[Continue reading] August 6th, 2010
Thailand offers many rewarding advantages including friendly people, good value hospitality, beautiful beaches and delicious food. This is the place where many foreigners wish to live the dream of their lives escaping from their cold countries . But Thailand has more benefits to offer such as inexpensive properties and a lower cost of living. Thailand is also a newly industrialized country that has high quality infrastructures compared to its neighbours in the South East …[Continue reading] August 5th, 2010
While Thailand’s economy has been growing at a rapid pace in recent years, property markets have shown an even more remarkable expansion, especially in prime areas such as Bangkok, Phuket and Pattaya. With a population of more than 6 million residents Bangkok is not only the capital of Thailand but its largest and primary city. The Property Boom in BangkokBeing an important commercial hub in the Southeast Asia region the city is also known as one of the most popular tourist destinations …[Continue reading] August 4th, 2010
Thailand’s economy has been experiencing a sustained recovery despite the political turmoil and its effects on the always important Tourism industry. Rising exports to China and other East Asian Countries has driven a more than acceptable growth rate boosting the confidence of investors and puting the housing market under pressure. Strong demand for residential propertiesThailand’s residential property market has been fuelled by the growing demand of an expanding middle …[Continue reading] |
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