A large number of foreigners lease land over the long term since they cannot own land in their name as a freehold.
Foreigners can’t own land in Thailand so be sure to set in place a lease or usufruct legally guaranteeing your right to inhabit the property undisturbed before even considering building a house.
A large number of foreigners lease land over the long term since they cannot own land in their name as a freehold. The foreign tenant does not own any interest in the land.
Before buying property in Thailand it is very important to perform a Title Deed Search. This search will determine if the property has any liens, if the seller has ownership rights, and the type of property documentation.
A usufruct is a right granted by an owner of land in favour of a usufructuary where the usufructuary has the right to possess, use and enjoy the benefits of the property. The usufructuary can also have the right of management of the property.
Our experienced attorneys can assist in reviewing and drafting of contracts efficiently and effectively to meet the needs of our clients and to make sure that the contract agreements align with the client’s goal and expectation.
Foreign Business License
US Treaty Of Amity
Thailand Work Permit
Closing a Thai Company