Property Mortgages in Thailand
Property Mortgages in Thailand. Mortgages are the main form of secured lending against immovable property in Thailand. They are registrable real rights: the lender takes a non-possessory security interest which must be created in writing and registered at the local Land Office to bind third parties and establish priority. Below I explain the legal mechanics, […]
The Importance of Intellectual Property in Thailand
Intellectual property (IP) has become one of the most critical assets in today’s knowledge-driven economy. As Thailand continues to transition from a manufacturing-based economy to one that emphasizes innovation, technology, and creativity, the role of IP in fostering growth, protecting innovation, and attracting investment cannot be overstated. For entrepreneurs, investors, artists, and multinational companies alike, […]
The Importance of Buying Property in Thailand
Thailand has long been a destination of choice for tourists, retirees, and investors seeking both lifestyle and business opportunities. With its strategic location in Southeast Asia, affordable cost of living, vibrant culture, and rapidly developing economy, the country continues to attract those looking for more than just a holiday. One of the most significant ways […]
Property Title Transfer in Thailand
Buying property in Thailand can be one of the most rewarding investments, whether for residential, commercial, or leisure purposes. However, acquiring ownership is not complete until the property title is officially transferred. The property title transfer process in Thailand is a critical step that ensures legal ownership, protects the buyer’s rights, and reduces the risks […]
Property Due Diligence in Thailand
Investing in property is one of the most attractive opportunities in Thailand, whether for residential, commercial, or tourism-related purposes. The country’s vibrant economy, growing real estate market, and popularity among foreign buyers make it a hotspot for property transactions. However, purchasing property in Thailand is not without risk. Issues such as unclear land titles, zoning […]
Title Deeds in Thailand
Title Deeds in Thailand. In Thailand, title deeds (Chanote and other forms) are more than mere evidence of land ownership; they define the legal status, permissible use, transferability, and encumbrance rights associated with real property. The country’s land tenure system is highly codified under the Land Code B.E. 2497 (1954), with title documents issued and […]
Sales Contract Review in Thailand
A sales contract is a legally binding agreement that governs the terms and conditions of a property transaction in Thailand. Whether you are purchasing or selling real estate, understanding the key components of the sales contract and reviewing it thoroughly is crucial. A well-drafted sales contract not only protects the interests of both parties but […]
Usufructs in Thailand
Usufructs in Thailand. In Thailand, a usufruct is a legal right that allows a person (the usufructuary) to use and benefit from another person’s property for a set period, typically up to 30 years or for the usufructuary’s lifetime. Usufructs provide foreigners with a secure way to use land without ownership, often for agricultural, residential, […]
Escrow Accounts in Thailand
Escrow Accounts in Thailand. Thailand’s property market continues to attract both domestic and foreign investors. While exciting, real estate transactions can involve significant financial risk. Escrow accounts offer a valuable tool to mitigate this risk and ensure a secure exchange of funds. What is an Escrow Account? An escrow account is a neutral third-party account […]
Property Taxes in Thailand
Property Taxes in Thailand. Owning property in Thailand can be a great investment, but understanding the associated taxes is crucial for responsible ownership. Unlike some countries, Thailand doesn’t have a general annual property tax. However, there are tax implications depending on how you utilize your property. Understanding the Housing and Land Tax Thailand’s property tax […]