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 »
If you receive rental income from real estate in Thailand, you have a number of tax obligations. These obligations apply both to Thai tax residents and non-residents if they receive income from real estate located in Thailand. If you are a Thai tax resident, you are also required to declare rental income from real estate …
Personal Income Tax on Rental Income from Real Estate in Thailand Read More »
Leasehold and freehold are two different ways of owning and using real estate in Thailand. Which option is better depends primarily on the buyer’s goals and specific circumstances. Let’s look at several situations in which leasehold may have advantages over freehold. Protection Against Certain Property Risks Leasehold is a personal right that cannot be confiscated …
Investing in a plot of land, making payments in cryptocurrency, building several villas, managing the construction process independently, and subsequently renting the villas out on a daily basis — at first glance, all these elements can be combined into a single investment project. However, a closer look reveals several legal questions. Let’s examine the main …
Real Estate Investment in Thailand: How to Make Your Project Legal? Read More »
