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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Magnolia Teams Up With True To Launch ?iHome? Solutions Meeting Modern Reside...
11 Mar 2010 at 2:02am
Magnolia, the real estate developer for luxury residences, has joined with True, the leader of convergence lifestyle, to launch ?iHome? (innovative Home Solution) to complete the Innovative Lifestyle
ESTAR plans B5bn launches (Bangkok Post - Thailand's English news)
10 Mar 2010 at 11:12pm
The listed developer Eastern Star Real Estate (ESTAR) plans to develop four projects worth nearly 5 billion baht this year after four years with no new launches.
Phuket Chinese Cemetery Ablaze Again (Thailandnews.net)
11 Mar 2010 at 8:00am
Phuket Hotels Phuket Resorts Phuket Accommodation Phuket Real Estate Phuket Villas Phuket Spas Phuket Bungalows Phuket Tours Phuket Golf Phuket Bars Phuket Diving
Merger Positions DFDL Mekong as Legal Advisory Hub for Outbound Thai Investor...
11 Mar 2010 at 2:02am
One of the older international law firms in Thailand has merged with a fast growing regional law firm to form a powerful new competitor in Southeast Asia?s legal sector. The law firms of DFDL Mekong a
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News Property Thailand:
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Top 40 finalists announced for Doodle 4 Google Contest in Thailand (Thaipr.net)
11 Mar 2010 at 3:18am
Google has revealed the top 40 creative designs based on the company's logo, called doodles, by Thai school students in Thailand?s first ever Doodle 4 Google competition, proudly supported by the Mini
Thailand imposes tough security law for Thaksin protests (AFP via Yahoo! News)
9 Mar 2010 at 12:16pm
Thailand's government Tuesday agreed to impose a tough security law ahead of protests this weekend, vowing to use "all means" to stop violence by backers of ousted premier Thaksin Shinawatra.
CB RICHARD ELLIS THAILAND ANNOUNCES PROMOTIONS FOR RESORT PROPERTIES TEAM (Th...
9 Mar 2010 at 10:00pm
Effective from 1st February, CBRE has promoted Ms. Prakaipeth Meechoosarn (Khun Pet), General Manager- Resort Property to a Director. Ms. Prakaipeth has been working with CBRE since the company opened
Thailand invokes security laws (BBC News)
9 Mar 2010 at 6:38am
Thailand's Prime Minister Abhisit Vejjajiva says he will use emergency security laws to help cope with opposition rallies.
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