The aim of the article is to explain to readers the basic land and tax laws that affect all expatriates in the area of property ownership in the Kingdom of Thailand. But a word of warning – Thai laws and government practises are evolving all the time, particularly as to taxation. Therefore, I strongly urge that you use competent lawyers and accountants to keep abreast of all such important matters.
Buying a condominium is possibly the best investment possible for a foreigner in Thailand, as you can own it outright. But before you buy, make sure you understand exactly how to go about it. A good rule of thumb to follow when looking for a condo: It is better to buy the worst condo in a quality building, than the best condo in a poorly maintained building.
Buying a condominium in Thailand is actually a very straightforward process. However, there are a few things you need to be aware of before you start.
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