Escrow Accounts in Thailand

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

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 […]

Property Market in Thailand

Property Market in Thailand

Property Market in Thailand. In 2024, the real estate market in Thailand paints an intriguing picture. Though general growth is fueled by the economic recovery, price rises are not as great as they were in previous years. Investors looking for a safe long-term investment may find this steadiness intriguing. The Moving Market The real estate […]

Thai Will and Succession

The process of inheriting assets in Thailand can be lengthy and complicated. A Thai Will can simplify the process and ensure that your estate is distributed according to your wishes. In the absence of a legal will, property is divided among statutory heirs (survivor spouse, children, parents, full and half siblings, grandparents and aunts and […]

Property Title Transfer in Thailand

The transfer of a property title in Thailand can be a difficult process, so it’s crucial to take all the right precautions to make sure the transfer is legitimate. The general procedures for changing a property’s title in Thailand are as follows: 1. At the Land Office where the property is registered, request a copy […]

Buying a house in Thailand

Buying a Property in Thailand

Not many expats buy houses however there are a few who do. If you are looking at buying then speak to a property solicitor in Bangkok about the pitfalls. If you want to know what the market will look like the year ahead you simply need to look any of the cement companies. The largest […]

Buying Property in Bangkok

Buying Property in Thailand

Thai property in Bangkok has an oversupply of property in the market. Even though prices are still very high there might just be a break this year when it comes to condominiums. According to Thai property sources, the current oversupply of condo units in Bangkok is mainly in what they would call the Thai sector […]

Review of Contracts in Thailand

Review of Contract in Thailand

A Contract of Sale or Sales and Purchase Agreement is issued by a seller after the initial deposit to the buyer before closing the deal on a property purchase in Thailand. This Thai sales contract is usually written in Thai and has a translation in English if the purchasing party is a foreigner. Before signing […]

Due Diligence in Thailand

Due Diligence in Thailand

Foreigners involved in buying commercial or private real estate property is recommended to perform Due Diligence. Due Diligence in Thailand is a thorough investigation of a property prior to signing a contract. This is an investigation done prior to your intended purchase of land or real estate. This will provide the potential buyer more information […]

Title Search in Thailand

Property Title Search in Thailand

Before purchasing real property in Thailand such as land or condominium, it is recommended to conduct Title Search in Thailand. Title Search is the process of checking to the Land Office if the person selling you the property is the original property owner. It will also confirm that the property is free to be sold. […]