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.
More Information
More Information
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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Thailand's 40 Richest: Introduction
3 Sep 2010 at 3:06pm
Despite civil unrest, three-quarters of Thailand's 40 Richest have added to their fortunes. Dhanin Chearavanont is the new No. 1.
CBRE offers green budgets
5 Sep 2010 at 2:55pm
The real estate agency CB Richard Ellis (CBRE) is offering financial support to encourage its clients to take up green building practices, says Richie Lee, executive director for energy and sustainability in Asia.
Thailand's Wealthiest
1 Sep 2010 at 5:05pm
Despite violence and unrest in Thailand, it was a good year for most on our list. Dhanin Chearavanont replaces Chaleo Yoovidhya as the new No. 1, with net worth of $7 billion.
Thailand's rich get far richer in 2010
2 Sep 2010 at 8:06pm
BANGKOK - Despite weeks of political violence that disrupted economic life in Bangkok this year, the combined wealth of Thailand's 40 richest people increased by 46 percent from 2009, according to a study by Forbes magazine.
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News Property Thailand:
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Foreign property ownership in Thailand
5 Sep 2010 at 3:51pm
A growing number of expats now own properties in Thailand. Are you one of them and if so, can you confidently say that you own your property legally?
Thailand's 40 Richest: Introduction
3 Sep 2010 at 3:06pm
Despite civil unrest, three-quarters of Thailand's 40 Richest have added to their fortunes. Dhanin Chearavanont is the new No. 1.
A passion for Purity
5 Sep 2010 at 2:56pm
The latest "Thailand's 40 Richest" list from Forbes Asia magazine puts Dhanin Chearavanont, chairman and CEO of the Charoen Pokphand Group, firmly at the top of the heap.
Thailand's Wealthiest
1 Sep 2010 at 5:05pm
Despite violence and unrest in Thailand, it was a good year for most on our list. Dhanin Chearavanont replaces Chaleo Yoovidhya as the new No. 1, with net worth of $7 billion.
Next »

