Most of those coming to Thailand, decide to retain in the country as expatriates. However, home ownership is very necessary to live permanently in this country. So, before buying and selling property in Thailand, you must aware of the Thai Property Law. Moreover, investment in property and real estate in Thai is a good option for buyer and seller both. Owing a land or any kind of property by foreigners is banned in Thai.
However there are certain legal methods; enable you to have your home in exotic land of Thai. These days, plenty of sites are available offering entire legal procedure and documentation need to have property in Thailand. There are some ways by which a non-Thai are buying condominium Thailand or controlling Thai property.
Condos are Thailand is a popular choice for expats. Under Thai law a foreigner is allowed to own condominium Thailand. There are various misconceptions that Thai leases are automatically renewable and they can last for over 30 years, but it’s not true always.
Another method for buying condominium Thailand is having a Thai company own the property and have a disproportionate number of voting shares allotted to the non-Thai property owner. This exclusive method allows a non-Thai to have a property in this location, simultaneously respecting the Thai law.
Thai law sites help clients to understand several rules and guideline of the land before actually investing them. If you are willing to have condominium Thailand, you must opt for these sites to get assistance at the best possible way. Moreover, you can have your dream house in this wonderful land without any kind of legal issue.
A foreigner can own their condominium under prenuptial agreement Thailand. A company can also own property such as land or house. However, company should be registered under Thai law. Moreover, a Thai wife of a foreigner can own property, as long as you don’t have any marital problem.
Likewise, there are several types of laws and rules are provided…