Doing Business in Thailand

I was not satisfied with the content of Friday’s post and I redrafted it

To help you to better understand the difference between a condominium and an apartment building I need first to clarify the definition of the term of “condominium”. For example, most people in Thailand commonly associate the term “condominium” with the concept of an “individual unit” into a “multiple unit building” generally a high rise that may only be sold freehold but condominium ownership is actually far more than this.

Read more…

Originally posted 2009-09-27 07:36:30.

In the following section, we’ll review the differences between the three higher claims from the lowest to the highest.

Read more…

Originally posted 2009-09-15 02:23:39.

Dear Reader, If you have been purchasing in the River Project you might have received or are about to receive the latest construction update of your preferred developer Raimon Land dated of the 23 july 2011. Read more…

Originally posted 2011-07-27 12:15:28.

[There was a formating problem in our Sunday post. I reposted it again]. People purchasing real estate in Thailand are often fulfilling the goal of a lifetime. In the pursuit of their life dream they will often toss caution to the wind, lose all common sense and ignore some simple precautions.Truth is that the actual formalities to transfer a real estate property are fairly straight, simple and may be completed in a few hours which leads many buyers to believe that purchasing a property in Thailand will be a simple transaction when it is not always the case.  [ this post was published earlier as a page. We updated it and republished it as a post].

Originally posted 2009-10-19 03:05:09.

How are rights on land evidenced in Thailand? Now this is a tricky question because land documents such as NS-4 (Chanote), NS-3K (Nor. Sor. Sam Kor.) or NS-3 (Nor. Sor. Sam), which we discussed in the previous posts, only serve to evidence rights to land and contain no mention of the structures built on the land (if any).

Read more…

Originally posted 2009-09-21 04:06:25.

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.

Read more…

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

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.

You cannot have followed Thai news for the past 3 weeks and not have read about the problem faced by General Surayud (former Thai Prime Minister and Member of the Royal Privy Council) in relation to his Khao Yai land.

Read more…

Originally posted 2010-01-21 09:35:01.

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.

Read more…

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.

Read more…

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