Building Regulations & Zoning in Phuket
What are zones in Phuket? Before purchasing land in Thailand, it is important to confirm that the property is zoned for the intended use and that all necessary permits and approvals have been obtained. This includes making sure that the land use is in line with local regulations and that the property complies with any […]
Freehold and Leasehold. Why and what is the difference?
In Thailand, land ownership can take on two forms: freehold and leasehold. It is important to understand the differences between freehold title and leasehold when considering the purchase of land or real estate in Thailand, as these different types of ownership can have significant implications for the rights and obligations of the owner. Freehold Freehold […]
Types of land plots in Thailand
Thailand’s diverse land types play a crucial role in determining the value and potential of different properties in the real estate market. From urban high-rise condos to rural agricultural lands, the different land types offer a variety of opportunities for real estate development and investment. Forests and wetlands, for example, can be used for ecotourism […]
How to buy land in Thailand
General steps to buy a property in Thailand To buy a land plot in Thailand, the process generally involves the following steps: Finding a suitable property and negotiating the purchase price with the seller. Conducting due diligence on the property, such as checking for any outstanding debts or legal issues. Obtaining a copy of the […]
Legal checks and due diligence before making the purchase
Why You Need to Do Legal Checks and Due Diligence Before Buying Land in Thailand Buying land in Thailand can be a lucrative and rewarding investment, but it also comes with many legal and practical challenges. As a foreigner, you need to be aware of the restrictions and regulations that apply to land ownership and […]
Types of possessory documents in Thailand
Types of Possessory Documents in Thailand In Thailand, there are several types of land property possessory documents that are commonly used to establish ownership and rights to a piece of land. These include Chanote titles, Nor Sor 3 Gor land survey documents, and Sor Kor 1 land registration certificates. Each type of document serves a […]
Setting up a Thai Company to Acquire Land
Why you may need to start a company in Thailand to acquire land? It is generally not possible for foreigners to own land in Thailand. However, there are ways for foreigners to acquire land in Thailand through a company structure. One option is to form a Thai company and have the company purchase the land […]
Property Investing in Thailand
Reasons to invest in land in Thailand Investing in land in Thailand can be a great opportunity for many reasons. Thailand is a country with a strong and growing economy, which can provide a stable and secure environment for investment. Additionally, it is a popular tourist destination, which can provide a steady stream of income […]
Transferring funds to purchase the land in Thailand
What documents are required for the transfer In order to transfer over 20,000 USD to Thailand for purchasing a land plot or other property, you need to provide FET (foreign exchange transfer form) also known as TT3. Same document is required for the sale of the property in order to allow transferring the funds out […]
Official Value of the land in Thailand. What is it and why it is important
How Official Value of the land plot is determined In Thailand, the official value of land is determined by the Department of Lands, which is responsible for the appraisal and valuation of land in the country. The official value of land is used for a variety of purposes, including the assessment of taxes, the determination […]
