Buying property in Thailand - but make sure you Do It Right

Have you thought about a certain point, you would like Thailand to buy property, but then decided it might be difficult? If so, you are not alone.

It 's amazing that so many sites and magazines, there are many articles in abundance, how to buy a house in Spain, France, Italy, Cyprus, etc., but it's so hard to complete the information on how to find the purchase of property in Thailand.

But Thailand is one of the most attractivethe world of property. With its lush, exotic landscapes, its abundance of beautiful temples, his constant warmth of the sun and the charm and friendliness of the people who are looking for is a complaint to anyone. It is not difficult for foreigners to buy property there.

So if you want to buy property in Thailand, how?

The most important thing is to be aware that although there are bars, a foreign person as owner of a building- For example, a house - in Thailand, you do not own the land on which it is built. There are several ways around this.

You can use a Thai company with limited liability. It will cost you an advance of about $ $ 12,000 over about $ 100 USD a month. There is nothing about a foreign person or couple, do this and will allow you to stop his country.
You can download a lease of 30 years, you can register as renewable for successive periods of 30Years. The contract for the rent that is in Thai, but accompanied by a certified translation into English, is signed at the local Land Office, and pay 1.1 percent of the estimated value of the property.
Many Westerners decide to have a condo (condominium). The procedure is simple and clear layout of Thai law on foreign ownership up to 49 percent of shares in a condominium complex. To buy a condo, you must transfer money from a Bank of Thailand for an outBank of Thailand - Bangkok Bank is the most organized set-up for international transactions. Make sure the document clearly states that the transfer of funds for the purchase of a condominium are.
Of course there are many Westerners, especially men, the names should be chosen to marry a citizen and buy property in Thailand Thai spouse. This is fine as long as it is a true marriage, but to enter into a marriage simulated in order to acquire a property is not a good idea.Authorities to adopt a vision of him weak, and where the agreement breaks down the legal complications can be very unpleasant.

Thailand has a lot of misconceptions about how difficult it is to acquire properties. In reality it is not difficult to crowded, and a growing number of Westerners this a viable alternative to the European Council in traditional holiday destinations, the ever-growing. What else can also be an alternative solution forThe current problems in the U.S. and UK housing markets experienced. The Thai people are happy to have foreign currency, and it is in their interest to make the process as simple as possible. The joys of living in Thailand, and the fact that your dollars, pounds or Euros go a long way in Thailand, very mean, if you're careful, you can hardly go wrong!