Usufruct in Thailand
Usufruct in Thailand. Usufruct is a legal right in Thailand that allows a person, known as the usufructuary, to use and benefit from another person’s land or property for a set period, typically up to the usufructuary’s lifetime, without transferring ownership. The concept is regulated under the Civil and Commercial Code, and it’s an important […]
Thailand Condominiums
Thailand Condominiums. Thailand’s real estate market, particularly the condominium sector, has grown into a major draw for both local and international investors. With vibrant cities, stunning beach destinations, a robust tourism industry, and an increasingly attractive investment climate, Thailand offers a variety of condos that cater to different tastes and financial capacities. In this article, […]
Litigation in Thailand
Litigation in Thailand can be a complex and multifaceted process, influenced by the country’s unique legal system, cultural nuances, and procedural requirements. Understanding how to navigate the Thai court system is crucial for anyone involved in a legal dispute, whether it’s a commercial, civil, or criminal matter. This guide offers an in-depth exploration of the […]
Purchasing Property in Thailand
Purchasing property in Thailand is an attractive investment opportunity for many foreigners, given the country’s booming real estate market, beautiful landscapes, and favorable climate. However, one of the most critical steps in acquiring property in Thailand is the transfer of funds. The process involves not just understanding the legal requirements and regulations, but also navigating […]
Property Market in Thailand
Property Market in Thailand. Thailand’s property market in 2024 presents a complex picture, with both positive and cautious signs for investors. Here’s a breakdown of the current trends: Modest Growth: Property prices are experiencing a slow but steady increase. Nationally, there’s a 2% quarter-on-quarter (QoQ) and 4% year-on-year (YoY) rise, indicating stability. Bangkok’s market mirrors […]
Servitudes in Thailand
Servitudes in Thailand. When buying property in Thailand, especially land, it’s vital to understand servitudes. Servitudes, also known as easements, are legal rights granted to one property (dominant property) to benefit from another property (servient property). Think of it as borrowing a specific right from your neighbor’s land for your own benefit. How Servitudes Work […]
Drafting Last Will & Testament
Drafting Last Will & Testament. Planning for the future can feel uncomfortable, but having a Last Will and Testament (Will) in Thailand ensures your wishes for your estate are carried out after your passing. This avoids confusion, minimizes stress for your loved ones, and guarantees a smoother inheritance process. Why You Need a Thai Will […]
Translation and Legalization Services in Thailand
Translation and Legalization Services in Thailand. Thailand’s rich culture and booming economy attract people from all corners of the globe. However, navigating official processes often requires navigating languages as well. This is where translation and legalization services become crucial. When are Translation and Legalization Services Needed? Visa Applications: Foreigners applying for visas in Thailand often […]
Property Leasehold in Thailand
Property Leasehold in Thailand. In Thailand, leasing real estate is a popular option for both foreigners and natives, providing a substitute for permanent ownership. Those that want to invest in Thai real estate must comprehend the particulars of leasehold agreements. The key characteristics of leasehold real estate in Thailand, together with its advantages, regulatory environment, […]
Title Search in Thailand
Title Search in Thailand. Investing in real estate is a significant undertaking, and ensuring the legitimacy of property ownership is paramount. In Thailand, conducting a thorough title search is a crucial step in the real estate transaction process. This article delves into the importance of title searches in Thailand, the legal framework surrounding property titles, […]