Title Search in Thailand
A title search is a critical step in any property transaction in Thailand. This process verifies the ownership, rights, and potential encumbrances on a property before it is sold or leased. Conducted at the Land Department, a title search ensures the buyer’s legal and financial security by uncovering vital details about the land or property. […]
Foreign Business Act
The Foreign Business Act (FBA) of 1999 is a critical legal framework regulating foreign participation in Thai industries. Designed to protect domestic businesses while attracting foreign investment, the FBA outlines which sectors are open, restricted, or prohibited for foreign ownership. 1. Definition of a Foreign Business Under the FBA, a “foreign business” includes: Individuals without […]
Property Taxes in Thailand
Property taxes in Thailand encompass multiple types and apply to both residential and commercial property owners. These taxes are overseen by the Thai Ministry of Finance and local municipalities, with assessments and payments managed at different levels of government. Taxes are generally applicable to land, buildings, and income generated from property sales or rentals. 1. […]
Breach of Contract in Thailand
A breach of contract occurs when one party fails to fulfill its obligations under the terms of an agreement, either by non-performance, late performance, or performing inadequately. In Thailand, the legal framework governing contracts and the consequences of a breach are outlined in the Civil and Commercial Code (CCC). Understanding the intricacies of breach of […]
Thailand Permanent Residency
Thailand Permanent Residency. For many, Thailand beckons with its alluring beaches, captivating culture, and laid-back lifestyle. If you dream of residing permanently in this Southeast Asian paradise, obtaining Thai permanent residency might be your key. Who Qualifies? Thailand offers permanent residency to foreigners under specific categories. Common routes include: Work: Holding a Work Permit and […]
Tourist Visa in Thailand
Tourist Visa in Thailand. The Land of Smiles, Thailand, beckons travelers with its vibrant culture, stunning beaches, and delicious cuisine. But before you pack your bags, understanding Thailand’s tourist visa requirements is essential. Here’s a comprehensive guide to navigating tourist visas for a hassle-free entry into Thailand: Do You Need a Tourist Visa? Many nationalities […]
US-Thailand Treaty of Amity
US-Thailand Treaty of Amity. The United States and Thailand have enjoyed a long and multifaceted relationship, with the Treaty of Amity and Economic Relations serving as a cornerstone since 1966. This agreement, often referred to simply as the Amity Treaty, offers unique benefits to American citizens and businesses operating in Thailand. Origin The original treaty, […]
Property Market in Thailand
Property Market in Thailand. Thailand’s real estate businesses is resilient and engaged luring both domestic and foreign investors looking for economically viable possibilities. Thailand’s real estate market caters to everyone, with an eclectic selection of homes ranging from hectic metropolitan apartments to quiet coastal villas. Thailand’s property market has grown steadily over time, caused by […]
Business Visas in Thailand
Business Visas in Thailand. Thailand, renowned for its vibrant business environment and strategic location in Southeast Asia, attracts entrepreneurs and investors from around the world. To facilitate business activities, the Thai government offers various types of business visas. This article serves as a comprehensive guide to understanding business visas in Thailand, covering eligibility criteria, application […]
Marriage Visa in Thailand
Marriage Visa in Thailand. For couples seeking to build a life together in Thailand, the Marriage Visa, formally known as the Thai “O” Visa, offers a legal pathway to residency for foreign spouses. This visa allows foreign spouses to join their Thai partners and establish a life together in the Land of Smiles. This article […]