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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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.
Shining a light on foreign real estate investment
22 Apr 2012 at 3:54pm
The Foreign Investment Review Board's annual report reveals just how popular our real estate is with foreign investors, but thanks to government flip-flopping we may never know what the real effects were in better times. 23 Apr 2012 6:49 AM
Thailand's Central Group enters S'pore retail market
8 May 2012 at 12:03am
by Cheryl Tay Central Group, a prominent player in Thailand's real estate, hotel and restaurant scenes, has entered into Singapore's retail market after setting up two Manchester United merchandise outlets."We would like to bring in our own house ...
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News Property Thailand:
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Marriott International expands in Thailand
16 May 2012 at 11:00pm
IF you're used to the standards of a Marriott hotel and travel often to Thailand, there is reason to rejoice ? the US-based hotel operator and franchiser recently announced the opening of three ne
Phuket lures Singaporean buyers
15 May 2012 at 4:11am
Singaporeans, alongside Russians, were noted to be increasing their property buying activities on the Thai holiday island, with local buyers reported to be buying villas on the back of December's latest round of cooling measures in the city state.
Dramatic rise in property exhibition attendees
14 May 2012 at 11:36pm
The news comes from property investment firm Knight Knox International, a regular visitor to property exhibitions and events in Singapore, Malaysia, and other parts of the world.
Chinese property developers target Singapore buyers
14 May 2012 at 3:54am
The second property exhibition featuring commercial property investments in the Chinese city of Chengdu took place last weekend and attracted a good degree of interest from Singaporeans looking at overseas property investments. Until now, Chinese ...
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