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