When you arrive in Thailand with an important amount of cash, you should declare this funds to the Thai Customs, if the amount is exceeding $ 20,000 or an equivalent amount in any other foreign currency. Normally, you can not import large amounts of Thai Baht, since exporting Thai currency is prohibited. When leaving your home […]
Even in times of crisis, the property developements market is very dynamic in Thailand, especially in the areas popular with foreign investors. The demand for high quality new properties is increasing, while the resale market does not have the same energy. The objective of a rapid appreciation is certainly the purpose of many investors buying off-plan, but it […]
Buying an apartment in a condominium (condo) is the easiest and safest way for a foreigner to own a property in Thailand. In Bangkok and in tourist areas such as Phuket, Koh Samui, Pattaya and Hua Hin, an important number of properties are sold under this scheme, which is defined by the Condominium Act. And […]
Except for a few breeds of dogs, you will be able to bring your pet to Thailand, providing you have all required documents and a “passeport” mentionning your companion’s identification details and vaccinations up to date.
A deposit of 10 percent is usually required to ensure transaction and the total payment of balance should be made within 30 to 60 days. You could possibly get more time, but you will have to pay a bigger deposit. Deposits are normally non-refundable, except in the event of cancellation by the seller. You should keep […]
In many countries, choosing the property manager is always an important matter in a condominium. In Thailand, this employee is called a “Juristic”. He is the one who will ensure the daily management and the proper maintenance of the building. It is better to buy your property or to live in a condominium managed by […]
You will generaly have to pay cash. It is difficult to obtain a loan in Thailand, unless you work there. A few attempts to obtain a credit from the Thai Banks or to settle offshore solutions (via Hong Kong for instance) turned out to be difficult to implement and not a very reliable option. One […]
According to the local law in Thailand, only Thai nationals or Thai registered companies can access to full ownership on the land. Yet, it is still possible for a foreigner to buy and own a property in Thailand. The freehold ownership, which is the legal scheme under which a foreigner can own a property in […]
