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 […]
Thailand Visa Exemption
Thailand visa exemption policy allows nationals of designated countries to enter the Kingdom for short-term stays without obtaining a visa prior to arrival. These exemptions are governed by a combination of ministerial regulations, bilateral agreements, cabinet resolutions, and the Immigration Act B.E. 2522 (1979). While often misunderstood as informal or automatic, visa-exempt entry is a […]
Thailand Elite Visa
The Thailand Elite Visa, rebranded in October 2023 as the Thailand Privilege Visa, is a long-stay residency program administered by Thailand Privilege Card Co., Ltd. (TPC)—a state-owned enterprise under the supervision of the Tourism Authority of Thailand (TAT). It was originally established by the Cabinet under the “Thailand Elite Card Project” in 2003 and operates […]
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 […]
Foreign Business Act
Thailand’s Foreign Business Act (FBA), enacted in 1999, is a cornerstone of the country’s regulatory framework governing foreign investment and business operations. The FBA aims to protect Thai industries, promote local participation in the economy, and regulate the activities of foreign-owned businesses. For foreign investors and entrepreneurs seeking to establish a presence in Thailand, understanding the […]
Power of Attorney in Thailand
Power of Attorney is a valuable legal instrument, allowing individuals to delegate authority for various transactions and situations. It is important to understand the different types and process of drafting a Power of Attorney, particularly in Thailand. It is also advisable to have a Power of Attorney notarized for additional authenticity and recognition, especially in […]
Notary Public in Thailand
A notary public is an official licensed by a state to authenticate documents, witness affidavits, and administer oaths. In addition, notaries certify copies by comparing them to the original document and adding their official seal. For business and immigration purposes, having your documents notarized can be a lifesaver. But how do you know that you’re […]
Breach of Contract in Thailand
Contracts weave the fabric of commerce in Thailand binding parties to mutual obligations and fostering trust in agreements. Navigating contract disputes in Thailand requires an understanding of local legal practices, negotiation strategies and cultural awareness. When contractual threads unravel resulting in a breach of contract, litigation may become necessary. This article will explore the definition, […]
Personal Injury Claims in Thailand
Personal Injury Claims in Thailand necessitate a thorough understanding of Thai law and meticulous documentation. The process includes filing a lawsuit and seeking compensation for damages. Under the Thai Civil and Commercial Code, anyone who wilfully or negligently causes injury to another person’s life, liberty, body, health, property, or rights is bound to make compensation. […]