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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Saudi real estate yields 8% per annum since 2007 (Zawya)
17 Mar 2010 at 7:20am
Dubai-based Cityscape Intelligence (CI) the leading global emerging country real estate information service, has today (17 March) launched new market data which not only compares real estate sales and leasing prices in eighteen areas across Jeddah and Riyadh, but also compares office and resident...
Colliers International Jumps a Notch - Firm moves to the Second Spot in the A...
18 Mar 2010 at 7:13am
The results are in and Colliers International has climbed to the #2 spot in the annual Lipsey Survey of the top 25 brands in the commercial real estate industry. The firm had a lock on third place sin
Debt-laden photographer Annie Leibovitz finds white knight in private equity ...
18 Mar 2010 at 7:13am
Financially troubled photography icon Annie Leibovitz has turned to a US private equity firm to help deal with debts which had threatened to strip her of her archive of famous pictures. Colony Capital, a Los Angeles-based company focusing on real estate, said it had ?formed a new partnership? wit...
Buses The New Solution To Phuket Transport Woes (Thailandnews.net)
18 Mar 2010 at 10:57am
Phuket Hotels Phuket Resorts Phuket Accommodation Phuket Real Estate Phuket Villas Phuket Spas Phuket Bungalows Phuket Tours Phuket Golf Phuket Bars Phuket Diving
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News Property Thailand:
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Thai Shares May Continue To Climb (Thailandnews.net)
18 Mar 2010 at 12:25am
(RTTNews) - The Thai stock market has finished higher now in six straight sessions, gathering more than 50 points or 7.4 percent in the process. The Stock Exchange of Thailand ended just above the 76...
Several property projects in Penang to be launched this year (The Star)
15 Mar 2010 at 11:18pm
THE property market in Penang will likely enjoy robust growth in the Year of the Tiger due to the growing number of project launches slated for this year.
TRIS Rating Assigns ?A? Rating to New Subordinated Debentures of ?TBANK? (Tha...
18 Mar 2010 at 9:15pm
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Thai-ASEAN News Network (Thailand Outlook Channel)
17 Mar 2010 at 5:40am
A foreign investment manager plans to set up an ASEAN fund focusing on Thailand market. It believes in economic potential of the country in the long run and has no concern about possible political unrest.
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