Can foreigners buy land or villas in Thailand? How to handle the transfer procedures of second-hand houses in Thailand?

Can foreigners buy land or villas in Thailand? 1, this policy has not yet landed.

Anyone who knows the "design style" of the Thai government knows that no one knows what the current policy will be like as long as it does not fall. Besides, you don't know how long it will take the Thai government to implement a new policy.

2. The resistance of the Thai people.

Many ordinary Thai people are opposed to letting foreigners own real estate with land resources. They think this harms the interests of Thais. Therefore, the Thai government should also consider how to protect the interests of Thais. Everyone expects foreigners to permanently own their own property with land resources like Thais, but I think it is very difficult. )

3. The balance between the protection of introducing foreign capital and the rights and interests of Thais.

Look at the rumors released by the Thai government. In fact, they are all about one thing, but they have not been implemented. It is time for the Thai government to find a balance point, that is, how to "make money" and "safeguard the rights and interests of Thais". So don't expect too much. I think this last policy will deeply attract some "high net worth" investors, and it will also limit certain powers.

How to handle the transfer procedures of second-hand houses in Thailand? After seeing the house, I intend to buy this second-hand Thai property. When I negotiate the price with the seller and make clear the market price and demand, I should make clear the payment time of the house payment in time and pay the down payment.

When the buyer pays the advance payment, he can receive the receipt of the advance payment and a statement that the apartment has been reserved for you. The seller set out to prepare the necessary transfer documents of Thai real estate property rights, and opened an account with a local financial institution in Thailand in the name of the seller to accept the purchase money remitted from abroad. After purchasing foreign exchange from China and transferring it to a bank account in Thailand, you can immediately handle a cash check (with passport and visa, house purchase contract) in about 2-3 working days. At the same time, all important documents for purchasing real estate in Thailand should be clear, and the detailed catalogue is as follows:

Materials required by the seller: A. Owner of my residential community in Thailand: ID card+house property certificate.

B. foreign community owners: handling of passport visas and valid visas.

C. Community owners of Thai companies: a complete set of company registration documents (provided by the Thai government, the date of presentation of the documents is within 3 months, and it is recommended to be within 1 month), and the company owner has a valid ID card, passport and visa.

D. Debt-free document: This document shows that the purchased apartment building has no liabilities, such as property management fees, water and electricity debts, etc. The seller obtained the document from the apartment management department and the property management department.

E. power of attorney and identity document of the agent (if necessary)

Materials required by the buyer: A. Foreign currency exchange and transfer documents issued by local financial institutions in Thailand (if the transfer amount exceeds 20,000 USD at will, you can borrow from the bank, and this document can even be purchased from a third party. This is also a necessary document for apartment transfer stipulated by Thai laws and regulations. )

B buyers with real foreign identities will find it difficult to apply for foreign currency transfer forms, because the amount of each transfer does not exceed $20,000. In this case, the marketing can provide relevant certificates instead, and the foreign currency transfer form needs to be given by the real foreign buyer.

At present, China Industrial and Commercial Bank of China Thailand Branch provides loans to foreigners who invest in Thai real estate for free. The loan was made according to his foreign branch, but the application and repayment of the loan were made in Thailand. The applicant's qualification certificate should be audited by the bank, and the loan amount should be about 50% of the house price.

Thai law will safeguard the legitimate rights and interests of foreign parties in Thailand. When disputes arise in the process of purchasing the industry, you can directly report to the Consumer Protection Committee of Thailand and obtain a legally binding ruling. If there is a property dispute after the purchase, it can also be resolved through the owners' Committee.