Property Guide for Foreign Business Owners Are you a foreigner looking to own property for your business in Thailand? Understanding the difference between freehold and leasehold ownership is key. Both have pros and cons, especially for business owners navigating Thailand’s rules. Freehold Ownership Freehold means full ownership of property, which is great for businesses that need a long-term...
New BTS lines have led to rapid growth in Bangkok Over the last decade property prices have continued to rise along the now operating Yellow BTS Line located in the eastern regions of Bangkok. As many know all too well, condo prices surge before and after the inaugural run of a new BTS line. The closer the property is to a BTS line, the more attractive it is to buyers. The new Yellow BTS Line, that had...
Proposed changes to property laws At a recent cabinet meeting, Deputy Prime Minister Phumtham Wechayachai proposed the implementation of a previously presented resolution that aims to boost the Thai economy through the loosening of property laws. The two major changes that may be reviewed as a part of the proposal include: Extending the duration of leases from 30 years to a maximum of 99...
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