Escrow accounts in Thailand operates as a neutral third-party financial tool, which ensures that all conditions of a property transaction are met before funds are released to the seller. The third-party escrow agent holds the buyer's funds in an account until the property transfer is legally completed. Only once all conditions outlined in the sales […]
Purchasing property in Thailand can be an excellent investment opportunity, however, it is important to understand the local laws and regulations. It is also a good idea to work with a reputable local real estate agent. The final step in the buying process is for the buyer, seller, and their lawyers to meet at the […]
The topic of inheritance can be sensitive and complex, especially when dealing with different legal systems across borders. This guide explores the essential aspects of Thai Will and Succession, empowering individuals with knowledge to plan and navigate the transition of their assets after their passing. Intestacy vs. Having a Will: In Thailand, the distribution of […]
The process of transferring property ownership in Thailand involves various complexities and requires adherence to specific legal guidelines to ensure a seamless and secure transaction. This guide delves into the essential steps of property title transfer in Thailand, providing clarity for both buyers and sellers. Types of Property Title Deeds and Their Importance: Understanding the […]
Purchasing goods or services in Thailand, especially for significant transactions, often involves a formal sales contract. Reviewing and understanding this document before signing are essential steps for both buyers and sellers. This guide delves into the importance of sales contract review in Thailand, highlighting key aspects to consider and offering essential tips for a smooth […]
Investing in property in Thailand can be an exciting opportunity, offering potential returns and a chance to experience a vibrant culture. However, before diving into any investment, thorough due diligence is crucial. This guide explores the importance of property due diligence in Thailand, outlining the key steps involved and providing valuable insights to ensure a […]
Thailand Property Market. The Thailand property market has consistently drawn local and foreign investors due to its diversity, investment opportunities, and desirable areas. It's essential that we comprehend the real estate trends in the Land of Smiles as we face a new age. This blog article covers Thailand's property market, including trends, investment locations, and […]
If you're a foreigner who lives in Thailand longer-term and has invested in properties on the island or has a marriage to a Thai national, one of the things you should seriously think about is the creation of your last Will as well as Testament. It is common for people to avoid discussing this subject, […]
Foreigners interested in investing in Thailand property are limited in the type of properties they can own. Land ownership of buildings is the exclusive right of Thais although foreigners are allowed to own buildings. Thus for foreigners, investing in the construction of a building on a piece of land in Thailand is not a very [...]
Can a US citizen own land in Thailand is a common question as one tends to think about the US Amity Agreement. According to the Chief Registrar, Phuket Provincial Land Office the answer is simple! A US citizen may own any property in Thailand but not the land. This applies to all foreign nationals in [...]