Investing in property abroad can be an exciting yet intimidating experience. When considering buying a house in Phuket, purchasing land, or acquiring ownership rights in a foreign country, you might have many questions. We've compiled a list of frequently asked questions to help you navigate this process more confidently. Can foreigners own land in Phuket? Can foreigners buy houses in Phuket? What are the property ownership options for foreigners in Phuket? Do I need a lawyer to buy a property in Phuket? What taxes and fees are involved in the purchase process? Can I get financing for a property purchase in Phuket?
Conclusion: Investing in a foreign property market like Phuket can be a rewarding experience if you complete your due diligence and obtain the necessary information. Consulting professionals such as local lawyers and real estate agents can help you navigate the process, ensuring that you make a sound investment decision.
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Most buyers with experience purchasing property in the UK and Europe will be familiar with the concepts of freehold and […]
Owning property through a Thai company can be tax advantageous but only if the buyer agrees to purchase the property […]
If you do not have a Thai spouse, Thai children, or other trusted Thai family or friends, you must carefully […]
Thai law protects the 30-year lease period, ensuring that the ownership remains uninterrupted during this time. However, there can be […]
If you are a foreigner who prefers to own both a home and land freehold, there is an option to […]
Everyone, both Thai and foreigner, is subject to the following basic property taxes and transfer fees: Related content
In Thailand, foreigners are not permitted to own land directly, but they can own a house, condominium unit, or other […]
This information is necessary to estimate the taxes and transfer fees. If working with an agent, they will be able […]