Since September 1, 2022, Thailand has introduced a new type of long-term visa — the LTR (Long-Term Resident), allowing individuals to stay in the country for up to 10 years. Benefits of the LTR visa: There are four categories of the LTR visa, each with different requirements: 1. Wealthy Citizen: 2. Wealthy Pensioner: 3. Work …
The first step in the process of purchasing or renting real estate in Thailand is a thorough legal due diligence of the property and the seller. Depending on the complexity of the transaction, we offer several Due Diligence options. Basic document review: Basic due diligence is sufficient for residential property purchases. However, if there are …
In Thailand, many investors enter into sale and purchase agreements for condominiums at an early stage of construction with the intention of reselling the completed property for profit. If a new buyer appears before construction is completed and ownership is transferred, it is possible to enter into an assignment agreement with the developer and effectively …
Assignment of Rights under a Real Estate Sale and Purchase Agreement Read More »
Purchasing real estate in Thailand is more than just registration with the Land Department.Each transaction requires careful preparation: document verification, understanding the obligations of the parties, and calculation of taxes and fees. We provide full support for real estate transactions from A to Z, including: There is a list of required documents and recommended steps …
Any transaction in Thailand should be оформлен in a written contract, signed by the parties and two witnesses — except in cases where the law requires a specific form (for example, real estate sale and purchase must be registered with the Land Department). A properly drafted contract: When drafting a contract, it is important to: …
In Thailand, inheritance can take place either by law or on the basis of a will. A will concerning assets in Thailand must be made within the Kingdom. If a will is made abroad, it will only be valid in Thailand after legalization. A will may be made in one of the forms предусмотренных by …
99% of wills are drafted immediately after purchasing a condominium. Is it necessary to make a will if You do not own real estate in Thailand? Firstly, a will can include not only real estate but also other assets, including cars, motorcycles, funds in bank accounts, and more. Secondly, real estate (other than condominium units) …
