A new deportation procedure for foreign nationals has been in force in Thailand since 28 August. The quotations below are taken from a Russian translation of the Regulation of the Office of the Prime Minister on Deportation; the authoritative text is the Thai original. Grounds for deportation Section 4: “If any foreigner, by his conduct …
Based on a real-life case. A family of four: husband, wife, and two children, aged 2 and 7. The husband has just purchased a condominium from a developer for THB 10 million. Which visa would be suitable for the family? Let’s consider three options. Option 1: Investment Visa Based on the eligibility criteria, the situation …
Theoretically — at business meetings, forums, and networking events where people usually look for business partners. In practice, finding a Thai person who is interested in your project and willing to become a co-investor by contributing the majority of the investment or providing the registered capital in the form of assets is, if not impossible, …
How Can You Tell Whether a Thai Shareholder Is Genuine or a Nominee? The main indicator of whether a Thai shareholder is a genuine shareholder today is their payment of the company’s registered capital: For many years, the registration procedure was relatively straightforward for companies with registered capital of up to THB 5 million. At …
The Fight Against Nominee Shareholders: This Is Only the Beginning Read More »
“LTR without documents, guaranteed, for only THB 300,000” — this is an offer that regularly appears on the visa services market. If you are applying for an LTR visa, the first step is to check whether you meet the requirements of the selected category and whether you have sufficient documentation to submit the application. If …
How to Get a 10-Year LTR Visa Without Documents? Read More »
The unstable situation in the world is prompting more and more people to consider obtaining a second citizenship or a residence permit in another country. One option is citizenship-by-investment programs. Their main feature is that obtaining a second citizenship does not require permanent residence in the country, knowledge of the local language, or ethnic ties …
Second Citizenship in Six Months: Which Programs Should You Consider? Read More »
If you own property or hold property rights in Thailand, it is worth taking care in advance of how these assets will be transferred to your heirs. This applies not only to real estate, but also to rights under a leasehold agreement, company shares, bank accounts, vehicles, and other assets. Who Should Make a Will? …
Will in Thailand: Who Needs One and What Happens Without It? Read More »
The rules for obtaining an investment visa in Thailand have changed again. At the same time, the main criterion — the minimum value of the real estate investment — remains unchanged. Main Requirement: Real Estate Worth at Least THB 3 Million The minimum real estate investment required to obtain an investment visa remains THB 3 …
Thailand is placing increasing attention on real estate transactions that may involve the use of nominee arrangements. Suspicions of nominee arrangements apply not only to companies with foreign participation, but also to certain real estate transactions involving individuals. The Land Department’s main concerns relate primarily to land plots: there is a risk that the property …
Real Estate Transaction Registration in Thailand: Stricter Procedures Read More »
Following our previous article on the taxation of rental income from real estate in Thailand, let’s look at several questions that property owners commonly have. Do I need to file a half-year tax return if I only receive a salary? No. The half-year personal income tax return is filed by individuals receiving income under the …
Personal Income Tax on Rental Income: Answers to the Most Common Questions Read More »
