Doing business in Thailand | Investments | Real estate | Taxes | Market entry | Relocation | Visas
Land and Buildings Tax in Thailand The new Land and Buildings Tax Act has been in effect since January 1, 2020. This tax replaces the previous taxes that were essentially income taxes on rent, rather than a property tax. Taxpayers … Read more
Condominium in Thailand Foreigners can own condo units in condominiums. Condominiums are registered multi-unit buildings licensed by the Land Department, governed by the Condominium Act B.E. 2522 (1979). In Thailand, besides condominiums, there are multi-unit residential buildings where individual unit … Read more
Leasehold in Thailand The terms “freehold” and “leasehold” are frequently used in Thailand, yet their meanings are often misunderstood. Freehold and leasehold are legal concepts predominantly utilized in the United Kingdom and the nations of the Commonwealth. Freehold signifies an … Read more
Land Ownership in Thailand Generally, foreign individuals and legal entities cannot own land in Thailand. Companies registered in Thailand where foreigners hold more than 49% of the capital, or if the majority of shareholders are foreigners, are also considered foreign … Read more