Doing Business in Thailand

Buying Land in Chiang Rai: A unique opportunity to purchase 11 rai of land ( 1 rai = 1,600 sqm) at a price of 200,000 THB per rai only that is to say below average selling price in the area.

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Originally posted 2011-12-19 20:42:41.

Assuming that Thai authorities take as announced a hard stance in relation to the matter of “companies that own land with Thai Shareholders that may be deemed nominees” and assuming that the company do not fight back the accusations. What would happen then?

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Originally posted 2009-11-02 09:59:13.

Dear Reader

I just want to let you now that my book “How To Safely Buy Real Estate In Thailand” is now available on iPhone, iPad, or iPod touch with iBooks.

Description

Buyers of offshore real estate property can be divided into two categories: The fortunate buyers who actually receive the property they paid for and the unfortunate ones who end up losing their money in offshore real estate fiascos or end up with a lemon of a property. Although the fortunate buyers outnumber the unfortunate, ventures in purchasing real estate offshore still end up badly for too many people. Did you know that the difference between fortunate and unfortunate buyers is sheer luck, not more business savvy on one side than the other? Fortunate buyers are lucky enough to buy from one of the reliable developers doing business overseas. Do not let luck dictate offshore real estate purchases. Learn all about the critical issues and the many pitfalls awaiting the unwary buyer.The book is divided in two sections. In the first section Rene Philippe discusses the general issues to be addressed by a buyer who purchases real estate outside his home country. In the second part he explains how those issues are dealt with in Thailand. Because the author deals in the first part with general issues this book is a worthwhile read not only for foreigners who want to buy real estate in Thailand but also for foreigners or Thais purchasing real estate overseas.Rene Philippe approaches the subject in a manner clear, easy to understand and conductive to reflection and questioning. His objective is not only to impart knowledge and experience but also to raise buyers’ awareness of the potential dangers that are awaiting them and how to avoid them.

About the Author:

The author Rene-Philippe DUBOUT is a lawyer since 1990 when he was admitted to Geneva bar (Switzerland). He practiced as a litigator there for 10 years until he moved to Thailand in 1999. In 2002 he founded with a group of Thai lawyers Rene Philippe & Partners Ltd a local law firm that specialized in Cross Borders Investments and Real Estate. He has been lecturing in several Thai Universities and a speaker to numerous conferences and seminars. He is the author of a must read book:”How to Purchase Real Estate Offshore Safely: The Case of Thailand”.

http//:www.renephilippe.com

© Copyrights 2009 – Rene Philippe Dubout – This article may be reprinted if information about the author, the websites, and the URLs remain intact

Originally posted 2011-01-20 09:41:15.

In this post I will continue to comment on the ombudsman interview in the Nation to correct a few mistakes (besides the outrageous statement that farangs own one third of Thai territory) and also to comments on the numerous comments made by foreign readers on the Thai Visas forum. Firstly i will deal with the allegation that this is a result of a policy in 1997 to stimulate the economy by giving a special right of land ownership to foreigners with one million US dollars.

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Originally posted 2012-03-13 20:19:25.

If you are a regular reader of my posts you already know that I believe that the “foreign investors that have purchased land through a company with Thai Shareholders that may be deemed nominees” is a big messy situation that at one point will need to be resolved.

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Originally posted 2009-11-01 07:03:18.

Switzerland has a long tradition of limiting foreign ownership of real estate for basically the same reasons than Thailand. If foreigners were allowed to purchase properties limitless in Switzerland Swiss people could not afford to purchase real estate anymore as a result of the prices increase that would result of total freedom.Switzerland regulations however allow foreign people to purchase real estate’s assets under certain circumstances. I will discuss here only the regulations applicable to Non EU citizens.

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Originally posted 2012-03-07 17:16:43.

Every four years the Treasury Department investigates the official land prices in Thailand. The result of this year study shows that despite all what happens in the world and in Thailand the Thai real estate market is still thriving.

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Originally posted 2012-03-04 17:36:35.

May the Thai spouse of a foreigner own land or not?

During his latest nationwide inspection tour of 30 provinces, Anuwat Meteewiboonwut, the director-general of the Thai Land Department let an old monster lose again. In substance is said that foreigners that the titled deed of Thais spouses that are purchasing land on behalf of their foreign spouses could be revoked if the land department was to find out.

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Originally posted 2009-07-27 11:06:29.

If you are familiar with the real estate market in Thailand you all have heard of the Chanot the mother of all land title in Thailand and also the safest title to be bought. Does it mean that if you purchased a property represented by a Chanot you will be safe? No, you will not be safe if your land title deed was not issued properly.

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Originally posted 2012-08-29 16:47:05.

One of our customers has two houses for sale in Bangkok. Both houses are in high-end community projects and are sold with a credit offered by the Seller. This is a rare opportunity for a Foreign investor to purchase a property in Thailand with a financing

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Originally posted 2012-03-25 15:41:43.