Usufruct in Thailand
Usufruct in Thailand. For those interested in enjoying a property in Thailand but unable to own land directly, the concept of usufruct offers a compelling alternative. This article explores usufruct in Thailand, its benefits, and the key points to consider. What is Usufruct? In Thai law, usufruct, known as “Sidhi-kep-kin,” grants a person (the usufructuary) […]
Long-Term Resident Visa Thailand
The Long-Term Resident Visa Thailand is a strategic residency program introduced in 2022, designed to attract high-net-worth individuals, retirees, skilled professionals, and digital nomads. It offers a 10-year residency, combining long-term stability, financial benefits, and lifestyle privileges under a single, streamlined visa category. Unlike traditional visas that require frequent renewals or complex application procedures, the […]
Contract Review in Thailand
Contract Review in Thailand. Contracts serve as the backbone of business relationships, providing a framework for expectations, responsibilities, and legal obligations. In Thailand, like in any jurisdiction, it’s crucial to approach contract review with diligence and understanding of local laws. This article offers a comprehensive guide to contract review in Thailand, covering its significance, key […]
Title Search in Thailand
Title Search in Thailand. Investing in real estate is a significant undertaking, and ensuring the legitimacy of property ownership is paramount. In Thailand, conducting a thorough title search is a crucial step in the real estate transaction process. This article delves into the importance of title searches in Thailand, the legal framework surrounding property titles, […]
Representative Office in Thailand
Representative Office in Thailand. Thailand’s strategic location in the heart of Southeast Asia, coupled with its dynamic economy and business-friendly policies, has made it an attractive destination for companies seeking to expand their global footprint. One avenue for international companies to explore opportunities in Thailand is through the establishment of a Representative Office. This article […]
Thailand Board of Investment
The Thailand Board of Investment (BOI) stands as a pivotal agency in Thailand’s economic landscape, driving foreign direct investment and spearheading economic growth. Established with a mission to attract and facilitate investments, the BOI plays a crucial role in propelling Thailand’s industrial and technological advancements. This article delves into the significance, functions, incentives, and application […]
Leasehold in Thailand
Leasehold in Thailand. Investing in real estate is an attractive option for many individuals and businesses looking to expand their portfolios or establish a presence in international markets. Thailand, with its thriving economy, stunning landscapes, and vibrant culture, has become a popular destination for real estate investment. While foreigners are generally restricted from owning land […]
Property Due Diligence in Thailand
Property due diligence in Thailand typically involves comprehensive research and investigation to assess the legal, financial, and physical aspects of a property. While the specific requirements may vary based on the property type and location, here are some popular areas of focus during property due diligence in Thailand: Title Deed Verification: Confirm the legitimacy and […]
Drafting Prenuptial Agreement in Thailand
A prenuptial agreement in Thailand is a legal document that sets out the division of assets and property in the event of divorce in Thailand or separation. Here are the steps to drafting a prenuptial agreement in Thailand: Consult with a lawyer: It is important to consult with a lawyer who is familiar with Thai […]
Grounds for Divorce in Thailand
There are contested and non-contested divorces in Thailand. If you and your spouse cannot agree on all the terms of a divorce then you must file for contested divorce. This legal proceeding should be handled by a qualified Thailand family lawyer. It will take into consideration various laws such as the time limit for filing […]