Property Market in Thailand
The property market in Thailand is one of Southeast Asia’s most dynamic real estate ecosystems, shaped by a blend of liberal condominium ownership laws, restrictive land policies for foreigners, rapid urbanization, and periodic state-led regulatory reforms. It operates under a framework that is simultaneously investor-friendly in certain segments (such as high-end condominiums) and tightly controlled […]
Usufructs in Thailand
Usufructs in Thailand. In Thailand, a usufruct (สิทธิเก็บกิน, “Sitthi Kep Kin”) is a legal right allowing one person (the usufructuary) to use and enjoy another person’s immovable property — typically land or a house — without owning it.This right can cover residential use, commercial activities, or leasing out the property for income. Key points: The […]
Escrow Accounts in Thailand
Escrow Accounts in Thailand. In Thailand, where cross-border investments, real estate deals, and high-value transactions are common, escrow accounts serve as a critical financial tool to mitigate risk. Escrow ensures that funds are held securely by a neutral third party until all contractual conditions are met, protecting both buyers and sellers. This guide provides an in-depth analysis of […]
Buying a Property in Thailand
Although purchasing a home in Thailand might seem like a simple procedure, it is crucial to be aware of the relevant laws and guidelines. To assist you in the procedure, the following details are provided: Foreign ownership: According to Thai legislation, foreigners are permitted to acquire condominiums outright but not land. However, a building constructed […]