What are the requirements for buying a house in Thailand?

If you buy a house in Thailand, non-Thais are not allowed to buy Thai land. Non-Thais can buy apartments. If you want to own property rights, you must register a company in Thailand.

If you are not Thai, you can't buy land here in Thailand, which means foreigners can't buy real estate directly with land, especially villas. However, non-Thais can buy apartments in Thailand, and they are all property rights, but there are certain restrictions. Generally, 5 1% of the property rights of apartment buildings are in the hands of Thai citizens, while foreigners can only buy 49% of the property rights.

For China people, in fact, if they want to buy a villa or land in Thailand and own property rights, they must register a company here in Thailand.

What are the benefits of buying a house in Thailand?

1, no property tax.

There is no property tax for purchasing Thai real estate, and only the relevant taxes and fees need to be paid when transferring, which is about 6% of the house price. Generally, buyers and sellers pay 50% each. After buying a house, you have to pay the property fee every month, but you can't have taxes and miscellaneous things.

2. The rent is high

In Thailand, the average annual rent is only 5% to 8%, and in some places it can even reach 15%. Moreover, in China, the cost of self-occupation is high and the rent is low.

3. Thailand's housing prices have increased significantly.

According to previous statistics, the average annual increase in Bangkok, Pattaya and other regions is about 12%. If the rent is included, Thailand's annual average exceeds 18%. Compared with other Southeast Asian countries, Thailand's economy shows a good momentum of development.

4. Thailand is suitable for providing for the aged.

Thailand has beautiful natural scenery, beautiful mountains and rivers, fragrant flowers and almost no industrial pollution. Coupled with high-quality medical services and low prices, Thailand has become a more popular retirement place.