Buying property in Thailand - Page 2

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Buying property in Thailand - Page 2


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  #11 (permalink)  
Old 12th October 2019, 02:46 PM
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Quote:
Originally Posted by Dean Connolly View Post
Hello guys
I live in the UK and are thinking of moving to Thailand soon I found a property and the agent has advised me to transfer the money into their company account but wouldn't I need to be there to sign the deed papers with the seller at the land registry office or is there something I'm missing can this be done in my absence all the other necessary legal paperwork they said they can send to me via DHL and then I will send it back after signing is this a trusted system of doing business to anybody know can you help please your thoughts would be welcome
Kind regards
Dean

PS the agent is a well established company in Pattaya and is owned by a British owner
I'm also thinking of buying a condo in Bangkok but I agree with most of the comments here. Not only in Thailand, most Asian and EU countries has the same policy. - "Foreigners are not allowed to own the land". I almost bought a property in Malaysia and in Montenegro but they require partnership with the locals. I didn't take the risk.

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Old 12th October 2019, 03:00 PM
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Users Flag! Originally from usa. Users Flag! Expat in thailand.
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You can't own property in Thailand. Don't do it!!
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Old 12th October 2019, 03:15 PM
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You can't own property in Thailand. Don't do it!!
Yep no. Thanks. I'll only rent in Sukhumvit. My work relocated me in Bangkok, will stay for a year. Good luck to me! I fell in love with the city. I've been to Bangkok as a tourist multiple times. It's a new experience to me to really live there.

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Old 17th December 2019, 07:02 AM
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Same here. Don't trust anyone easily. With the high scam rates in Thailand, I would suggest remaining very cautious with your hard money.

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Old 26th January 2020, 05:21 PM
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Originally Posted by Omegaman477 View Post
There are some exceptions. US and AU nationals can incorporate their own company in Thailand, with a single non-thai director. This company can wholly own land in Thailand, albeit a few conditions, industrial and agricultural land is a no go. Residential and Tourism marked land is OK.
There is another exception! - Russians can buy and own land. (Thaksin sorted that out!)

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Old 27th January 2020, 04:31 AM
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It will be better if you'll just rent a place, this is just my opinion.
I thought that majority of the country that offers jobs for expats includes their accommodation.

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