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Category Archives: Condominium in Thailand
Thailand Properties earn money
Turn your Condominium into a working investment. An Investment in Properties was a good idea in past, it is right now and it will be in the future. Anyway the functions of the property market today are already complex and … Continue reading
Thailand Property, Fractional Ownership
Fractional ownership of holiday homes is a relatively new concept in Thailand. Fractional ownership offers the benefits of owning a holiday home but for a fraction of the cost of the property. The tax considerations for fractional property owners are … Continue reading
Thailand Property Transfer Tax
When does specific business tax apply? The sale of immovable property shall be subject to 3.3 per cent specific business tax if the property is sold in a commercial manner or for profit, and the sale falls within the scope … Continue reading
Thai Rent, Save Tax
Foreign investors looking to purchase rental properties in Thailand will often have the choice of purchasing the property in their own name or in an offshore company. The preferred ownership structure will require a careful analysis of the respective costs … Continue reading
Thailand Property, how to purchase
Thailand Property, some points to consider at a purchase Offering properties for “sale” to foreigners under a long term registered lease is becoming the norm for new developments in resort areas. Even condo developments limited to offering 51% of their … Continue reading
Thailand Condo, Four Steps to Own
Thailand Condo, Four Steps of Owning a New Condominium 1. Title Search To verify the status of a land over which a Thailand Condo is constructed. Normally, a land would be under mortgage with a supporting bank.
The Thai Condominium Act
CONDOMINIUM ACT (No. 3) B.E. 2542 (1999) BHUMIBHOL ADULYADEJ REX. Given on the 12th Day of April, B.E. 2542 Being the 54th Year of the Present Reign Authorized Official Translation His Majesty King Bhumibol Adulyadej has been graciously pleased to … Continue reading