Escrow Accounts in Thailand
Escrow Accounts in Thailand. Escrow arrangements serve a critical role in enhancing transactional security in real estate, M&A, and cross-border commercial dealings. In Thailand, the use of escrow accounts is legally recognized and regulated under specific legislation designed to protect the interests of both parties in high-value contracts, particularly in real estate transactions. However, unlike […]
Mortgage in Thailand
A mortgage in Thailand is a financing option available to both Thai nationals and foreigners, though the latter face more restrictions. The Thai mortgage market offers various types of loans, primarily for purchasing condominiums, given the legal constraints on land ownership for foreigners. This article delves into the eligibility criteria, types of mortgages, interest rates, […]
Title Search in Thailand
Title Search in Thailand. Thailand’s real estate market holds immense appeal for foreign investors and those seeking a second home. But before diving into your dream property purchase, a crucial step is conducting a thorough title search. What is a Title Search? A title search in Thailand delves into the legal ownership history of a […]
Property Taxes in Thailand
Property Taxes in Thailand. Thailand’s property market entices many with its beautiful landscapes and investment potential. But before diving in, understanding property taxes is crucial for budget planning and avoiding surprises. Here’s a breakdown of the key points: No General Property Tax: Unlike many countries, Thailand doesn’t impose a broad annual property tax on residential […]
Property Market in Thailand
Property Market in Thailand. Thailand’s property market continues its upward trajectory in 2024, with analysts predicting a positive outlook for investors and potential buyers. Here’s a breakdown of the key trends shaping the market: Growth and Stability Market Expansion: The Thai real estate market is expected to reach a value of US$2.51 trillion by 2024, with […]
Due Diligence in Thailand
Due Diligence in Thailand. Within business and investment, due diligence is a fundamental procedure that guarantees well-informed decision-making and risk reduction. In Thailand’s ever-changing business environment, it is crucial for individuals and organizations to perform comprehensive due diligence to protect their interests and ensure effective results. Due diligence is a thorough examination and evaluation of […]
