Real Estate Leases in Thailand
Leasing is a viable option for non-Thai nationals (“foreigners”) who want to have a legal and long-term interest on land in Thailand. As Thai law essentially prohibits foreigners from owning land, leasehold is one of the very few options available to foreigners in Thailand. Long-Term Lease In...
Real Estate Closing Costs in Thailand
There are costs related to selling real estate in Thailand. By understanding those costs real estate owners can set an appropriate price for their asset to adequately cover all the transaction costs and not be surprised by unexpected payments that leave the seller with less...
Owning Thai Real Estate as a Foreigner
Foreign Land Ownership in Thailand Normally, foreigners (non-Thai nationals and non-Thai juristic persons) are prohibited by law from owning land in Thailand. But there are some conditions that permit foreigners to own land: The foreigner invests more than THB 40 million in Thailand. The investment must...
Capitalization Rates in Thailand
The capitalization rate, or cap rate, is used in the world of commercial real estate to indicate the rate of return that is expected from a real estate investment. Usually, it is computed by using the net operating income (NOI) of property divided by property...
Thailand Real Estate Land Taxes
Thai Real Estate Land Tax In 2020, Thailand initiated the 'land tax', replacing the 'household tax', to collect tax on real estate. The move is meant to stimulate land improvement rather than allowing land to remain idle. Prior to 2020 Thailand did not have a land...