Aliens are generally allowed to participate up to 49% in a company engaged in restricted businesses. Beyond that, the approval requirement must be complied with. Board of Investment in Thailand is a form of business entity wherein it is foreign majority-owned [...]
A foreigner can take a lease on a piece of land for residential purpose and build on it in his own name. Leases which are less than three years in duration do not have to be registered with the Land Department but is required by law for those that last for three years [...]
The importance of seeking assistance from legal professionals can be attributed to the complexity of Thailand immigration policies. As a matter of fact, Thai immigration laws are considered as one of the most complicated in the whole world [...]
Buying land however is not the same as buying a villa or condo in Phuket. In the case of a land purchase, the foreign husband of a Thai woman must appear at the Land Department in person.There, he must sign a declaration certifying that the funds used for the [...]
One common question that always come to the mind of expatriates has been the limited ownership of property in Thailand. You may note that there are restrictions to ownership. Basically you would need to sign a document that you have no claim on the [...]
If you own property in Phuket such as a condo you might want to place it on the market to rent it to expats or tourists. There will be the need for a lease agreement however there are also other issues. You can rent out the property however your agent would have [...]
Siam Legal is an international law firm based in Thailand with law offices in Bangkok, Phuket, Pattaya, and Chiang Mai specializing in Litigation, Property Law, Corporate Law, Family Law, and Immigration. Their licensed Thai lawyers have valuable knowledge in [...]
Many tourists do not always want to buy property in Phuket however there are other options such a fractional ownership. Even though not very popular it has taken root on the island [...]