Legal Guidance on acquiring a house in Thailand

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Published at : 21 Nov 2021
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Join Jett for a detailed explanation on how to acquire a house in Thailand (land property) as a foreigner with expert real estate lawyers Fabian Doppler and Mana Meerungruang at FRANK Legal & Tax. To learn more about how they can help you with your next property acquisition and other legal matters, contact info@franklegaltax.com or visit https://franklegaltax.com/

00:00 How to lease a house (landed property) in Thailand
01:31 Due diligence
06:20 Contract review
08:08 Transaction handling
09:38 Fund transfer
10:43 Taxes and fees
12:00 Transfer of lease ownership
15:38 How long does all this usually take?
17:56 Legal structure of foreign-leased landed property
21:18 What happens to your lease agreement if the Thai lessor sells the property?
23:54 Can lease agreements be resold during the 30 year duration?
25:19 The reality of lease renewals (not like what is often advertised)
30:13 Your financial responsibilities while leasing the property
32:13 Ways you can commercially utilize your leased land
33:59 Can you sublet your leased property?
35:17 Can you setup a home office?
37:03 Other legal structures of foreign property ownership
40:17 Joint ownership with a Thai spouse - usufruct
46:09 Are a foreigner's property rights secure under Thai law?
50:50 Thoughts on recently announced property laws for wealthy foreigners
53:45 How to sell landed property lease in Thailand
57:30 Repatriating funds from a property sale

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