Is it safe to buy a house in Thailand How to buy a house in Thailand?

Due to the development of their tourism industry and the progress of the education industry, more and more Chinese people have begun to set their sights on this country. As far as I know, Thai real estate is permanent, and the state, in this regard, there are no regulations, a person can buy multiple properties and land, and these properties and land, can be inherited to children without tax, which is very attractive to Chinese people, consultation can call the United States and Asia Immigration.

The economy continues to maintain high growth potential in various sectors, including the real estate industry, the real estate market is growing steadily in Thailand, combined with the construction of ordinary low-cost commercial housing, the strategic location and the steady growth of public works, more and more people choose to invest in the Thai real estate market.

Thai real estate has a high-quality living environment and low cost of living, so that there has always been no shortage of tenants in Thai real estate, and high rental returns have become the primary advantage of Thai real estate; Secondly, Thailand's asset appreciation is stable, safe and the cost of maintaining houses in the later stage is low, and there is no real estate tax; Proximity to China, property management is more convenient. Hotel-style properties and service standards, as well as a heartfelt smile and courteous service. Overseas residents are generally respected here, which is an important reason why Chinese people choose Thailand for long-term or holiday stays.

The average annual rental return of a condominium in Thailand is 5%-8% of the house price, and in some places it can reach 10%. For example, in Phuket, according to the data, the rental return is 6%-8%, which means that the investment capital can be recouped in less than 12 years of rent (the rent** will increase). Moreover, Thai real estate has experienced the 1998 financial crisis, which squeezed out the bubble, and now it is slowly returning to the level of that year, so Thai real estate development is healthy.

You can rest assured that you can choose to buy a property in Thailand.

Find a professional overseas real estate company to understand.

To purchase a property in Thailand, a foreigner needs to remit the purchase price from outside Thailand to the buyer's account in a local bank in Thailand. After the purchase price arrives in Thailand, the bank can issue a certificate of foreign remittance to the Land Department with this certificate.

Here are the steps to send money:1.Buyers go to a local bank in Thailand to open an account.

2.Send the bank account number, the name of the head of the account, the name of the bank, the address of the bank where the account is opened, and the swift** to the person who will help you send the money. Anyone can send money to the buyer's account, but the purchase price must be remitted to the buyer's local bank account in Thailand.

3.After the purchase price is fully received, go to the bank to open a foreign remittance certificate 4Go to the bank the day before the transfer and write a check for the purchase price.

1. For investing in real estate (apartments) in Bangkok, due to the influence of the country's burial and laughter, Bangkok, as the capital of Thailand, is a city with a high level of internationalization, and many investors will choose Bangkok as their investment and business base.

2. For investment in real estate (condominiums) in Phuket, Hua Hin and Pattaya, most of them are lifestyle investments, mainly resort investments; It can not only increase in value, but also bring good rental returns, which is a very good investment.

3. For investing in Chiang Mai real estate (apartment), most people will regard Chiang Mai as an ideal place for retirement and retirement, and for foreign people who want to live permanently in Thailand, it is an important thing to be able to have a dream house, so self-occupation for the elderly is the main purpose, and investment is secondary.

Because Bangkok is the capital of Thailand, it is also the center of the country's politics, economy, culture, transportation, and education

If you don't have experience in buying a house in Thailand, you can learn about the current situation of the Thai real estate market through Phuket Property Consultants

1.Once the buyer and seller have confirmed the final sale** and intentions, they will need to determine the payment time in a timely manner, and the buyer will need to pay a deposit to keep the reservation.

2.Once the purchaser has made a deposit for the reservation, he or she will receive a deposit payment receipt and a document stating that the specific apartment room has been reserved for the customer.

3.On the payment date, both parties sign and sign the purchase and sale agreement, and at the same time, all the necessary documents for the purchase of the house must also be confirmed, the detailed list is as follows:

Seller: AIdentification documents of the seller;

b.Thai property owners: ID card + real estate certificate.

c.Foreign owners: passport and valid visa.

d.Thailand company owners: a full set of company registration documents (provided by Thailand**, the date of issuance of the document is within 3 months, it is recommended to be within 1 month), the company's chairman ID card or passport.

e.Debt-free document: This document shows that the purchased apartment does not have any debts, e.g. strata fees, utility bills, etc. The seller obtains this document from the condominium management property.

f.(if necessary) power of attorney and identification document of the person.

Buyer: ABuyer's identification documents;

b.Foreign Exchange Transaction Form issued by a local bank in Thailand (FETF supporting document;

c.(if necessary) power of attorney and identification document of the person.

In Thailand, the island atmosphere along the coast makes Thailand seem even more charming, and the island people on the island are different from the smiles of other people for money, and here the smile seems to be natural, just like an angel for you.

2. Working in the Chinese Service Center of Bangkok Hospital in Thailand, living and working in Thailand for half a year every year, the simple and friendly people, livable climate and cheap things made me like Thailand, and even had the intention of buying a house for a long time.

3. Since you want to buy a house, of course, you start to pay attention to real estate in Thailand. Sometimes I will buy a house with Chinese friends and Thai friends, and I really paid attention to it and found that the water for buying a house in Thailand is very deep, not as simple as I thought, maybe there is a pit waiting for you. To put it simply, if you don't live in Thailand for a long time, then you should be very cautious about buying a house, and it is better not to buy it.

4. Foreigners can't buy real estate with land, so foreigners can't buy villas. Of course, many Chinese are very smart and use the Thai name to buy or set up a company and buy it with the company's name. However, the risk of doing so is also very large, and if the policy is tightened, I am afraid that there will be problems.

If the property increases in value, it will be very troublesome for the named Thai to have an idea. In case of some economic lawsuit involving a named Thai, you may only be able to cry.

If you want to buy a house in Thailand, you should first understand the local housing prices, so that you can better plan your financial income. The above is about how much is a house in Thailand and how to buy a house in Thailand, it is actually very good to buy a house in Thailand, the house here has a high appreciation space, and the surrounding environment is also very beautiful, suitable for the elderly.

On January 23, 2019, the Bangkok Post released a set of data, saying that Thai real estate attracts Chinese investors, and it is estimated that Thailand will still be the most popular country for Chinese real estate buyers in the past five years, with an increase of at least 10% over last year, of which Bangkok, Chiang Mai, Pattaya and Phuket are the most popular.

1) At present, Thai locals have started to invest in buying apartments for investment and rent; At present, the apartment market continues to grow both in terms of demand and supply.

2) At present, Thailand** is vigorously building transportation infrastructure, and with the development of the economy, the increase of investors will drive the steady growth of the real estate economy.

3) In the next two years, the 10 ASEAN countries will open up, and Thailand, as the central axis country of the 10 ASEAN countries, will attract many investors to invest in Thailand, and the current housing prices in Bangkok are still cheaper than those in other major Asian cities; The living facilities are complete and the degree of internationalization is high.

4) Thailand's house prices are appreciating steadily, with an average annual appreciation of 6-10%, and as a major tourist country, the rate of return on its hotel apartments is very stable. In Thailand, foreigners can legally hold a freehold condominium with no inheritance tax and can be passed down from generation to generation. The area of apartments in Thailand is calculated according to the area used, and there is no sharing.

Looking at domestic houses, the average shared area is about 25%, and buying Thai real estate is equivalent to a 25% discount. Apartments and villas in Thailand are decorated when they are handed over, and most of the apartment products are finely decorated and fully equipped, which is extremely suitable for foreign investors.

There is no property tax in Thailand, and you only need to pay when you buy a house:

1. Transfer tax: 2% (half paid by both the buyer and the seller).

2. Special commercial tax: paid by the seller, and the owner can be exempted from paying the property for more than 5 years) 3. Stamp duty: paid by the seller).

In the past two years, it has become the fifth in the comprehensive rate of return on overseas real estate, and at the same time, on October 15 this year, Prayut Chan-o-cha ** proposed the development plan for the next 20 years, pointing out that Thailand will enter developed countries in 20 years, and this period is a leading period of real estate development in Thailand.

Compared with the domestic housing market, it is very good now, and there is a high probability that it will be **.

Investing in Thai real estate has become a trend, and the housing prices in Bangkok, Pattaya, Phuket, and Chiang Mai have also stabilized under the backdrop of this boom.

The housing price in the core area of Bangkok and the fashion circle has exceeded 40,000, and most of the other high-quality projects near the BTS and MRT rail lines have exceeded 20,000. According to the 2017 Global House Price Index report, Bangkok, the capital of Thailand, ranked first in Southeast Asia in terms of house price growth in 2016.

**Period, the same as China in '08.

Benefits of investing in Thai real estate.

1.100% freehold apartment property.

Foreigners who buy a condominium property in Thailand and meet the 49% foreign quota at the time of the transaction will have 100% freehold ownership of the unit, which means that the foreign owner can resell it to any Thai or foreign national or inherit it to a relative.

2.Solid return on investment.

Thailand is located in the heart of Southeast Asia and is a regionally important transportation hub and tourism powerhouse. Thailand's economy has seen steady growth in recent years, which is also reflected in the performance of the real estate market, with house prices growing steadily in recent years. Benefiting from the advantages of the overall tourism resources and transportation hub, the rental market demand continues to increase and drives the rental income return of the overall real estate market, with the annual rental return of the overall apartment market in the center of Bangkok reaching about 4 6% as a whole, and the high-quality projects can even reach more than 7%; The overall return on property investment in Thailand is much higher than that of cities such as Shanghai, Hong Kong, Singapore and Taipei.

3.Quality developer and construction projects.

Thailand's real estate market has gradually stabilized, the overall sales model is more mature, in Bangkok, builders will launch different brands of construction projects according to different target groups and locations to attract customers, such as the larger Ananda, SanSiri and AP and other well-known builders have at least 3 5 real estate brands, because most of these well-known Thai builders have been listed in Thailand and because of fierce competition, so the construction quality of these projects is very good, Moreover, the public facilities of each project will basically be equipped with gymnasium, swimming pool, garden, reading room and parking space, etc., which is very convenient for self-occupation or tenant use.

The scarcity of land resources and the difficulty of reconstruction have limited the supply of apartments in Thailand, but the number of pensioners and tourists pouring in from all over the world has skyrocketed every year, and the supply exceeds demand, and Thai real estate has risen year by year.

1.Thailand's own excellent conditions such as low property quality, lifelong property rights, and continuous relaxation of investment policies have promoted the enthusiasm of domestic investors to actively seek real estate investment in Thailand. Moreover, non-stop flights and short voyages, stable climate, and pleasant island atmosphere have also made more and more people buy homes in Thailand.

2.Of course, in addition to the low investment risk and the inherent advantages of Thai real estate, the main reason for investors to buy a house in Thailand is the attractive rental yield. Rental yields on properties in Thailand are stable between 5-8% and can reach 15% in some places, giving a clear indication of the investment prospects.

Whether it is suitable for investment or not, you can check the development of Thailand in the past ten years and the number of tourists every year. Look at the Belt and Road Initiative, the development strategy of Southeast Asia, and see how the China-Thailand high-speed railway is being repaired? Find out if more and more people are talking to you about Thai real estate.