Property in Thailand

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brendan32

Guest

• 27 Jul 2005

• #1

Hi All,
I was wondering if anybody has bought any property in thialand and did they have any problems with this.As im thinking of buying in thailand.

Thanks Bren.

 

S

soy

Registered User

Messages

701

• 27 Jul 2005

• #2

don't know if it has changed but as far as I know a couple of years ago you could not hold sole title to property in Thailand if you were a foreigner.

 

G

gordongekko

Guest

• 28 Jul 2005

• #3

i heard that you cant purchase property in Thailand if you were a foreigner but there are ways around it .

 

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leachim

Guest

• 29 Jul 2005

• #4

You cannot own property in Thailand, the ways around this include
1) Take out 99 year lease, there are a number of companies selling properties on this basis.
2) Marry a beautiful Thai women (hopefully it is a women)

 

S

Scotty

Registered User

Messages

51

• 29 Jul 2005

• #5

leachim said:

2) Marry a beautiful Thai women (hopefully it is a women)

Click to expand...

A Thai spouse must prove that the finance used to purchase the property is hers and hers alone, with no foreign claim to it.

Some good info on this .

J.

 

Last edited: 29 Jul 2005

G

gordongekko

Guest

• 29 Jul 2005

• #6

What you do is set up a company own 49 per cent of the company and set a thai person to own the other 51 per cent of the premises