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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Samui resort to be first local Lehman asset put on the block (Bangkok Post - ...
8 Feb 2010 at 8:01pm
Baan Taling Ngam Resort on Koh Samui, owned by the defunct Lehman Brothers (Thailand), will be offered for tender later this month.
China?s Loan Growth, Inflation Probably Accelerated (Update2) (Bloomberg)
9 Feb 2010 at 3:11am
Feb. 9 (Bloomberg) -- China?s banks probably made more new loans in January than the previous three months combined as lenders anticipated a credit clampdown by policy makers seeking to stem rising inflation pressures.
China?s Loan Growth, Inflation Probably Accelerated (Update1) (Bloomberg)
9 Feb 2010 at 2:53am
Feb. 9 (Bloomberg) -- China?s banks probably made more new loans in January than the previous three months combined as lenders sought to head off a credit clampdown by policy makers seeking to stem rising inflation pressures.
(AFX UK Focus) 2010-02-08 05:02 DIARY-Thai Corporate bond calendar (Interacti...
8 Feb 2010 at 12:26am
BANGKOK, Feb 8 (Reuters) - Following is a list of expected corporate bond issues in Thailand. This information has been compiled from various reports. Not all the companies concerned have confirmed details of the issues. New or adjusted entries are marked "**".
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News Property Thailand:
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Mobile Content Bits: InMobi/hi5 In Thailand; Nexage/CPX; O2/Shazam; WorldMate...
9 Feb 2010 at 8:23am
?InMobi/hi5: Mobile advertising network InMobi has signed an exclusive deal with social media site hi5 to serve ads for its mobile site in Thailand. Hi5 - which bills itself as a "social entertainment" site specialising in games and virtual goods - claims it is the country's biggest social media ...
Bt43 mn illegal goods destroyed (The Nation - Thailand's English news)
8 Feb 2010 at 6:03am
The Intellectual Property Department and Phuket Police on Monday jointly destroyed 217,686 items of illegal products worth Bt43 million, to show Thailand's serious attempt in cracking down IP violation.
Jumeriah Group signed up to manage BKK hotel (The Nation - Thailand's English...
9 Feb 2010 at 8:18am
Country Group (Thailand) Co Ltd has recently signed the contract to have Dubai's Jumeirah Group manage its five-star hotel in Bangkok.
Honored with Consumers Recognition WD Wins HWM 2009 Excellent Brand Survey Aw...
9 Feb 2010 at 1:30am
WD, a world leader in the storage industry, today announced that WD Hard Drives have received HWM Brand Survey Awards 2009 from HWM Thailand in the Internal Hard Drive Category.
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