Legal Info
Thailand Bank Accounts for Foreigners Thai Baht Bank Account Foreigners can open a Thai Baht bank account in Thailand regardless they are residents or not. However for Non Residents the balance should not exceed 300 Million Baht. The bank account normally does not cost anything, but you have to pay a fee for the ATM…
International Money Transfer Sending Money to Thailand Wiring money to a bank account in Thailand is easy and not restricted. There are no limitiations at all. However please check the bank account regulations. If you want to buy a Condo in Thailand do not wire Thai Currency, only wire foreign currency. Why ? Answer is…
Personal Income Tax in Thailand Who must pay taxes in Thailand ? There is a difference for Residents and Non-Residents. A Resident is a person who stays in one calendar year more than 180 days in Thailand. A Resident must pay tax for income in Thailand and for income from abroad, if it is brought…
Thai Measurements One of the most important measurement in Thailand for land plots is a Rai. One Rai is 1,600 Square Meters and is equal to 4 Ngan or 400 Talangwah. Land Measurements in Thailand 1 Rai 4 Ngan 400 Talangwah 1 Ngan 100 Talangwah 1 Ngan 400 Square Meters 1 Rai 4 Ngan 1,600…
Finance of condos and houses Foreigners normally have no chance to get a property mortgage from a Thai Bank to finance a property purchase. This is not a law or a fixed rule, but the chances are extremely low and the bank requirements are extremely high. If you apply for a mortgage or loan with…
Title Deed in Thailand – Chanott The Chanott Chanott is the Thai word for one form of a Title Deed. There are other forms of Title Deeds as well, but the Chanott is the best one, because ownership and borders of the property are proofed and confirmed. In Thailand there are different Title Deeds. However…
Buying a House in Pattaya or Jomtien The market for houses in Pattaya and Jomtien area has, like the market for condos, grown rapidly during the last ten years, even though it is not possible for foreigners to own land in their own name. However in Thailand it is possible to own a house without…
Pattaya Condos The market for Condos in Pattaya has grown rapidly during the last few years. Condos are offered in all sizes, studios with only 20 square meters up to huge luxury Penthouses with more than 500 square meters and of course everything in between. Important for foreign buyers : They can buy a condo…
Owning a home is a keystone of wealth… both financial affluence and emotional security.