Thailand is considering a potential increase in the foreign condo ownership cap from 49% to 75%, which could significantly impact foreign investors. This change, alongside discussions of extending lease terms to 99 years, aims to attract more international buyers to Thailand’s property market. With increased foreign ownership, the real estate sector may see a boost in investment.
Living in Phuket with a family offers a blend of island life, modern amenities, and a strong community. While there are challenges—like adapting to a new culture and the rainy season—if you're ready for a relaxed, family-focused lifestyle, Phuket could be the perfect place to call home.
Dreaming of owning a slice of paradise in Phuket? While Thai law restricts foreigners from owning land outright, there are still ways to make it happen, from condo ownership to long-term leaseholds. With the right advice and a bit of patience, you can navigate the legal complexities and turn that dream into reality. Ready to explore your options? Let’s dive into how you can own property in Phuket, Thailand's island paradise.
Understanding property taxes in Thailand is crucial for making informed real estate investments. Key taxes include the Land and Building Tax, Transfer Fee, Specific Business Tax (SBT), Stamp Duty, and Withholding Tax (WHT), each affecting the cost of property ownership and sales. For example, the Land and Building Tax is an annual fee based on property value, while the Transfer Fee is typically split between buyer and seller. Additional considerations apply to foreign investors, such as ownership quotas and tax on rental income. Professional advice and planning are recommended to navigate these taxes smoothly.
Thailand is emerging as a dream destination for digital nomads, offering the perfect blend of work, adventure, and a relaxed lifestyle. With the new Destination Thailand Visa (DTV), long-term stays are easier, allowing digital professionals to settle without visa runs. Thailand's affordable living, vibrant expat community, and diverse property options—from beachfront condos to city apartments—cater to different lifestyles. Whether renting or buying, Thailand provides a balance of productivity and leisure, with stunning landscapes, fast internet, and an appealing quality of life.
Managing a rental property can be a goldmine, but those management costs can sneak up on you! Don’t get caught off guard!
Discover Thalang, Phuket's hidden gem, where serene landscapes, rich cultural heritage, and luxury living come together. Whether you're exploring pristine beaches, investing in thriving real estate, or settling into a family-friendly community, Thalang offers the perfect blend of relaxation and opportunity. From high-end villas in Layan to bustling hubs like Pasak, this guide will give you an insider’s look into what makes Thalang one of Phuket's most desirable areas for living, visiting, and investing.
Let’s dive into the heart of real estate investing: ROI, or Return on Investment. This magical little figure, usually represented as a percentage, tells you how well your property investment is performing—whether you’re a property investing guru or you just picked up a nice holiday home for yourself. Understanding how to calculate ROI will help you make informed decisions and maximize your...
So, you’re thinking about moving to Phuket, Thailand? Or maybe just curious about how much it costs to live on an island paradise? Either way, buckle up buddy….because we are diving into the details of living costs in Phuket. Is it still cheap? or have things gotten extreme?
Thailand just launched the Destination Thailand Visa (DTV) to enhance its tourism appeal. This has many asking how the new visa will transform tourism and real estate for global investors. The DTV is tailored to meet the needs of modern travelers, making the process of visiting and staying in Thailand more accessible than ever before. For those looking to understand the impact of the DTV, this article...
Phuket, Thailand's tropical gem, is fast becoming the hotspot for property investors! With its jaw-dropping beaches, buzzing nightlife, and vibrant culture, it's no wonder millions of tourists flock here every year. This high influx of visitors, combined with the island's beautiful landscapes, makes it an attractive spot for property investment. Investors are particularly drawn to the potential for high...
Some people are familiar with penthouse apartments, which are dream homes for many. Even though penthouses are often considered similar to condos, they are different in several ways. Before we go into more details, let's explore what a penthouse is and when it started to become popular. What is a penthouse anyway? A penthouse is a luxurious apartment or condo typically located on the top floors of a...