When owning property in multiple countries, it's natural to wonder who will inherit it after your death and which country's laws will govern the inheritance process. In this article, we'll explain how property in Thailand is inherited.
Thailand is a popular destination for tourism and relocation. One of the long-term residence options available is the Thailand Elite Visa. This article explains what the Thailand Elite Visa is, who is eligible to apply, and how the application process works.
Situated on the bay in Chonburi province, just north of the city center, North Pattaya is a popular resort area in Thailand. It is renowned for its pristine beaches, lively nightlife, luxurious hotels and resorts, and a wide range of restaurants and entertainment venues. Alongside the central part of the city, North Pattaya is an excellent location for real estate investment in Thailand. In this post, we’ll highlight the most attractive investment locations.
Real estate developers in Thailand offer a diverse range of properties to meet varying preferences and budgets. New developments are highly sought after by both locals and foreign investors. Foreign buyers often choose apartments and villas in Thailand as investment opportunities due to the Kingdom's stable economy, rising property prices, and continuous infrastructure development.
In 2024, foreigners will still be able to purchase real estate in Thailand, including condominiums with freehold status. This allows private ownership of individual apartments, while common areas are jointly owned by all residents. It’s important to remember that foreigners cannot own more than 49% of the total units in a condominium complex.
Real estate in Thailand continues to attract significant interest from foreign investors, thanks to the country’s government incentives and stable economic growth. In 2022, most international buyers came from China, the US, the UK, France, and Germany. Resort areas, especially the island of Phuket, are of particular interest. Statistics show that in 2022, foreigners purchased twice as many apartments in Phuket as in 2021. Properties in these popular areas offer a stable rental income, often reaching up to 10% annually in the most lucrative regions.
Samui is rapidly emerging as a major tourist destination in Thailand. Renowned for its beautiful beaches and natural landscapes, the island draws visitors from across the globe. A wide variety of sought-after real estate is available here, including 5-star hotels, apartments, and villas in Thailand. As more tourists choose independent travel over hotel packages, the demand for accommodation rises, making Samui a highly attractive option for investment. Let’s explore the advantages of investing in real estate on Samui.
Many foreigners are drawn to Southeast Asia and dream of settling down in Thailand. However, purchasing property in Thailand raises many questions. Here, we will address the top ten most frequently asked questions by property buyers.