PCT Thailand's Real Estate Property Services
Legal Information
Foreigners in Thailand should study leaseholds
Though leasehold remains an option for foreign buyers wanting
to own a residential unit, there are some pitfalls they
should avoid when making contracts.
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Opening a Bar or Restaurant in Thailand
The conventional wisdom floating around is that if a foreign owner doesn’t go into the kitchen during opening hours, he or she can run the restaurant without a work permit. WrongMore Information
LEGAL PROBLEMS of home ownership in Thailand
Buying real estate |
Selling real estate
Buying Selling a Condominium
Buying Selling a Condominium
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Property Taxation
There are two different types of Tax levied on property in Thailand and they are called: Land Tax and Structures Usage TaxLand Tax
is a very small tax levied on land ownership equivalent to just a few Baht per Rai every year.Structures Usage Tax
is applicable at the rate of 12.5% on the actual (or assessed) gross rental value of the property.Lessees
are not subject to this tax but may be required by the real estate developer to pay an annual ground rent instead.How to Pay for property
If you are purchasing property in Thailand and you want to pay in Thai Baht ensure that your funds are transferred into Thailand in foreign currency and converted to Thai Baht here.The reason for this is that the receiving bank will issue the relevant exchange control form ( formally the Thor Tor 3 form ) confirming the transaction.
The relevance of the exchange control form is that it is one of the documents you will need in the future if you wish to repatriate funds without incurring tax (15%)
Land Measurements
Thai Measurements
1 wah = 4m²1 Ngan = 100 Wah or 400 m²
4 Ngan = 1 Rai or 1600 m²Western Measurements
2.50 Rai = 1 Acre6.25 Rai = 1 Hectare
Contact Information
Khlong Khlung Thailand
632 M.10
Kamphaeng Phet 62120
Tel.: 66 55 781740
Mobile: 66 8902 9984
632 M.10
Kamphaeng Phet 62120
Mobile: 66 8902 9984
News Real Estate Thailand:
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Progress area residents make their mark in business (The Progress)
3 Jul 2009 at 8:13am
Judith Hirshburg, sales associate with Coldwell Banker in Caldwell, has been acknowledged for her outstanding sales performance by the NRT real estate company, an affiliate of Coldwell Banker.
PHI Mining Group Signs Agreement to Mine Manganese in Thailand (Thailandnews....
2 Jul 2009 at 10:40am
www.phimining.com , a company focused on mining opportunities in Southeast Asia, today announced that its wholly owned subsidiary Indochina Mining Corporation (IMC), has signed an agreement with En...
PHI Mining Group Signs Agreement to Mine Manganese in Thailand (Marketwire)
2 Jul 2009 at 8:39am
LOS ANGELES, CA and FRANKFURT, GERMANY--(Marketwire - July 2, 2009) - PHI Mining Group, Inc. ( PINKSHEETS : PHIG ), www.phimining.com , a company focused on mining opportunities in Southeast Asia, today announced that its wholly owned subsidiary Indochina Mining Corporation (IMC), has signed an a...
Bangkok?s condominium market overview and forecast in 2009 (Thaipr.net)
30 Jun 2009 at 12:06am
Thailand?s real estate market conditions keep worsening since the last quarter of 2008 as the world?s financial crisis exploded and the country?s economy being influenced. These negative impacts certa
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News Property Thailand:
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MCOT Public Company Limited.2008 (MCOT - English News By Thai News Agency)
3 Jul 2009 at 6:56am
BANGKOK, July 3 (TNA) - Thailand on Friday vowed proactive enforcement to suppress intellectual property violations, targeting a goal of outstanding results in hand to eliminate such crimes in the kingdom within two to eight months.
Thailand Takes Tougher Line on Copyright Piracy (Thailandnews.net)
2 Jul 2009 at 4:40pm
The Thai government is cracking down on sales of illegally copied goods, such as movies and clothes, but its campaign has met resistance. Piracy across the Asia-Pacific region is a multi-billion-do...
Asian stocks mixed on anticipated US jobs data (The Malaysian Insider)
2 Jul 2009 at 6:47am
BANGKOK, July 2 ? Southeast Asian stock markets were mixed today, with Singapore snapping a two-day winning streak, hurt by losses in big-cap financials and property, while Thailand hit a one-week low, pulled down by oil stocks. Singapore?s benchmark index lost 1.35 per cent, dragged down by DBS ...
FTSE 250 movers: Salamander up on well spudding (ShareCast via Yahoo! UK & Ir...
3 Jul 2009 at 7:56am
Oil and gas firm Salamander is higher after it announced the spudding of Phu Kheng-1 exploration well Northeast Thailand.
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