What do I need to know when buying property in Thailand?
When we asked expats what advice they would give a foreigner before buying a property in Thailand, they said...
"When buying property in Thailand, it is important to make sure you are familiar with the legal process, taxation, and other requirements associated with real estate purchases. You should research the laws governing property ownership, including any special restrictions or taxes specific to the location of the property. It is also important to familiarize yourself with the payment process and financing options available to purchase the property. In addition, you should make sure you understand the language of any legal agreements that you will have to sign in order to purchase the property. Lastly, it is important to have a trusted advisor who can provide guidance and assistance throughout the process," commented one expat who made the move to Thailand.
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Other Questions:
- What do I need to know before moving to Thailand?
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What do I need to know when buying property in Thailand?
If you live in Thailand, newcomers to Thailand would love to hear your answer to this question:
About the Author
Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.
Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.