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
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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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RE/MAX Global Site Connects Buyers and Sellers Around the World
21 May 2012 at 3:33pm
DENVER, May 21, 2012 /PRNewswire/ -- The first truly global online real estate resource, with hundreds of thousands of home listings in more than 70 countries and territories, has seen unprecedented success ...
Bangkok seeing strong post-flood recovery
21 May 2012 at 12:50am
Bangkok (The Nation/ANN) - The Bangkok property market has seen a significant recovery from the effects of the floods, according to CBRE Thailand, a leading international real-estate service provider.
Colliers International Wins Top Asia Pacific Award for Property Consultancy M...
6 May 2012 at 11:25pm
HONG KONG-- - Colliers International announces today that it has won the highly acclaimed regional awards of Best Property Consultancy Marketing and Best Real Estate Agency Website for Asia Pacific at ...
Thai-ASEAN News Network - Real Estate Sector Recovering after Floods
9 May 2012 at 4:00am
The real estate sector admits that low-rise housing projects priced up to ten million baht have yet to recover from last year's floods while luxury condominiums in downtown areas are gaining more popularity.
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News Property Thailand:
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Bangkok seeing strong post-flood recovery
21 May 2012 at 12:50am
Bangkok (The Nation/ANN) - The Bangkok property market has seen a significant recovery from the effects of the floods, according to CBRE Thailand, a leading international real-estate service provider.
ADB recommends mortgage insurance for Thailand
21 May 2012 at 12:50am
Bangkok (The Nation/ANN) - A recent Asia Development Bank (ADB) report said that Mortgage Insurance will be a useful, but not an essential, feature of the Thai mortgage market.
ADB report recommends mortgage insurance for Thailand
20 May 2012 at 12:34pm
A recent Asia Development Bank (ADB) report said that Mortgage Insurance will be a useful, but not an essential, feature of the Thai mortgage market.
Colliers International Wins Top Asia Pacific Award for Property Consultancy M...
6 May 2012 at 11:25pm
HONG KONG-- - Colliers International announces today that it has won the highly acclaimed regional awards of Best Property Consultancy Marketing and Best Real Estate Agency Website for Asia Pacific at ...
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