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When someone owns real estate in different countries, these questions inevitably come to mind: who will get it in the event of their death and under the jurisdiction of which country will their heirs come into an inheritance? In this article, we will explore how the acquired property in Thailand is inherited. Content: Which country’s laws apply...
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Travellers love the Kingdom of Thailand for its beautiful beaches, a wide array of exotic tropical fruit, delicious cuisine, friendly and welcoming locals, and relatively low prices. That is why many foreign nationals are thinking about buying property in Thailand once they are back from a holiday in the kingdom. There are many ways you can use a...
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Experts have named several districts of Phuket, whose real estate can become both a promising investment and a successful purchase in July 2023. One of these areas is Bang Tao, also known as Laguna Beach, which is located on the northwest coast of the island. Among the projects here are Laguna Phuket Complex, which attracts wealthy buyers who want...
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Experts note that more and more projects are being built in Bangkok in the segment of ultra-expensive real estate, inaccessible even to many wealthy buyers. Against the background of the growing popularity of Thailand as a destination for investment and immigration, such projects quickly find buyers. Most often they are rich Chinese citizens. Some...
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In Thailand, the number of resales of new real estate is growing rapidly. They are put up for sale by local residents who are unable to pay off their mortgage. Experts note that foreign investors can benefit from what is happening. Real estate is most often resold in the following areas of Bangkok: Huai Khwang; Wattana; Chatuchak; Khlong...
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Real estate experts said that Chinese citizens remain the main buyers of apartments in condominiums in Thailand. In addition, experts have revealed what kind of real estate Chinese investors prefer to buy and how much they are willing to spend at the same time. Experts note that in Thailand there are more and more realtors working with European...
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Many foreign nationals consider the Kingdom of Thailand one of the most preferred destinations in Southeast Asia for permanent or temporary residence and real estate investment. This country is in high demand due to the low cost of residential properties and consumer goods, a stable political, financial, and economic situation, beautiful nature,...
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More and more Myanmar residents are investing in Phuket real estate. This was told by Carlo Pobre, managing director of the consulting agency KIM Property Consultants, which is based in Yangon, the largest city in Myanmar. Pobre said that more and more wealthy residents of Myanmar are planning to move to safer and economically stable countries....
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School education has become a new factor helping to attract foreign buyers of real estate to Phuket. This was stated by Boon Yongsakul, Vice President of Phuket Real Estate Association. Boon Yongsakul noted that there are now 13 international schools in Phuket offering training programs in the UK, France and the USA. Due to this, families with...
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Foreign nationals acquire property in the Kingdom of Thailand for various purposes: to earn money, reside in the country permanently, and/or live there during their holidays. From 2021 to 2022, the number of condominiums in Thailand owned by citizens of other countries increased from 8,199 to 11,561 residential units. According to experts, the same...
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