Budget hotel
 See more : Phuket Tours Krabi Tours Phi Phi Island Tours Bangkok tour
Language English version
Bahasa Indonesia
Bahasa Malaysia

Or other language

Fantasea Show
See more tour video
Phuket day trips
By category
 Phuket Exclusive tour
   Phuket Helicopter Tour
   Phi Phi Islands Sunrise trip
   Phuket Sightseeing Tour
   4 Pearls andaman sea
   Private Boat Trips
   Private city tours
   Private Phang Nga tour
   Phang Nga VIP 8 in 1
 Islands Snorkeling Tours
   Phi Phi Islands day trips
    - Phi Phi Overnight Packages
   Raya Islands day trips
    - Raya Overnight Package
   Similan Islands day trips
    - Similan Overnight Package
    - Similan diving trip
   Surin Islands Tour
    - Surin Overnight Package
   Krabi snorkeling Tour
   Khai Islands Tour
   Coral Island Tour
   Koh Yao Island Tour
   Rang Yai Island Tour
   Phang Nga-Krabi Tour
   TaChai island Tour
 Phi Phi Snorkeling Tours
   Phi Phi speed boat tour
   Phi Phi Bamboo tour
   Phi Phi big boat
   3 in 1 Phi Phi tour

   Phi Phi half day tour
   Bamboo + Maya by cruise
 Charter boat tours
   Private speed boat charter
   Luxury speed boat charter
   Catamaran sailing boat
   Private fishing boat
   Private sailing boat tour
   Private yacht Tour
 James Bond Island Tours
   James Bond Island Tour
   James Bond speed boat
   3 in 1 Phang-Nga Tour
   James bond 4 in 1 tour
   Hong Starlight

   Phang Nga VIP 8 in 1
 Sightseeing Tour
   Phuket City Tour
   Phang nga Sunset
   James Bond Island Tour
   Phang nga & Krabi Tour
   Phang nga vip
 Adventure Tours
   Rafting Tour
   Elephant Treking Tour
   Cycling Tour
   Khao Sok Trekking
   Khao Lak Eco Adventure

   Joy dive
 Entertainment Tour
   FantaSea Show
   Simon Cabaret
   Siam Niramit
   Phuket Zoo
   Thai Boxing
   Snake Show
   Patong Night life
 Phuket Safari Tour
  Phuket Traning Course
   Thai Cooking Course
  Extream adventure &
  Outdoor activies
   Phuket bike tour
   Bungy jump
   Flying Hanuman
   Extreme adventure
   Horse riding
   ATV Tour
   Splash Jungle
   Shooting Range
   Go Kart Adventure
   Cable Jungle Adventure
 VIP onsen Spacial Package
 Overnight Packages
   Phuket 3 days 2 nights
   Phuket 4 days 3 nights
   Phuket 5 days 4 nights
   2 days 1 night 11 Islands
   Phi Phi Overnight Packages
   Krabi Overnight Packages
   Similan Overnight Packages
   Surin Overnight Packages
   Khao Sok Overnight Packages
   Raya Overnight Packages
   Tachai + Surin overnight
  Packages without hotel
   Phuket 3 days 2 nights
   Phuket 4 days 3 nights
   Phuket 5 days 4 nights
 Phuket budget Tours
 Land & Property For Sale
 Rok island tour
 Phuket minibus service
 The Charm hotel Phuket
 Phuket Romantic Cruise tours
 Koh Yao Overnight
 Honeymoon Packages
 Muslim Package
 Sightseeing Tours
 Scuba Diving in Phuket
 Spa Packages
 Car rental
 Land Transfer Service
 Sea Transfer Service
 Photo Gallery
 Customer Reviews
Recommend10 things must do in phuket
10 things must see in phuket
Do's and Don'ts in Thailand
InformationPhuket Information
Phuket Map
Local Product of Phuket
Phuket Attractions
Ferry Timetable In Andaman Sea
Ferry Timetabel In Gulf of Thai

Phuket tours
Why you book with us ? - No reservation fee.
- Save up your time.
- Value for money.
- Easy & Secure Payment.
- Wide choice of activities.
- Friendly Service
- Operating by tour guide
licensed 31-01733.
- Reliable service with trip
advisor review.
- Inbound travel licensed
- Easy to get refund for
inconvenience case.
- Certification guaranteed.

Phuket Hotels
Link Exchange.

This Web Site was
Registered with the Department of Business Development, The Ministry of Commerce and E-commerce for inboud tour opeator in Thailand.

TAT licensed No. 34/00561
  Shopping Cart
now in your cart  0 Item  



Mr. Wooddy

Ms. Ji
To buy the land in Thailand you need to know

Foreign Ownership Rights
    One of the most frequently asked questions a developer or estate agent receives is: Can a Foreign National own land outright? The answer is No. Under the current laws of Thailand. Foreigner ownership of land is highly restricted in the Kingdom of Thailand. There are some exceptions to this law, which deal with condominiums and Board of Investment promotions to allow corporate housing in designated areas.
    Ownership of land is reserved for Thai natural and juristic persons (Legal entities or companies). Officially, companies that have more than 49% of their shares held by aliens or in which aliens comprise more than 49% of the shareholders are prohibited from owning land. Foreigner is. However, allowed to own a building distinct from the land, which coupled together with renewable registered 30 year leasehold, is regarded by many as being as good as owning the freehold.

Freehold vs Leasehold
    Now, there are many questions asked as to which method is better and there are relevant arguments made for both cases. Since foreigners cannot own land outright, registered leaseholds with appropriate extensions are equivalent to freehold. Registered Leaseholds are safe, uncomplicated and easy to setup.
    For those of you who are not comfortable with Leasehold, the Freehold method of ownership means that the Thai company that you control owns the property.

Freehold Control
    The Land Code of Thailand along with the Foreign Business Act (FBA) does not prohibit foreign control (voting and management) of a Thai majority owned company that owns land in Thailand.
    Given the above, it is of paramount importance that a proper legal structure is adopted to retain effective control over a Thai majority owned company whilst at the same time avoiding anti-agency and anti-nominee provisions. A number of means can be used to ensure that the foreign minority shareholders have effective management and financial control of the company. These include but are not limited to creating different classes of shares along with different voting and director appointment rights.
    As an additional safeguard you may set up a company to control the freehold land which you as an individual then lease from the company you control. Further. You may also have the company register a mortgage over the land in your favor.
    If you choose to purchase your property freehold you should consult with professionals who will adopt the proper legal structure to protect your interests and who are able to explain the same to you in detail, in your own language or at least in a language that you understand well. You should also be aware that there are legal responsibilities and tax implications with respect to the owning and running of a Thai company.
    In the past, Thai “Nominees” (lawyers, accountants and support staff) have been used as holders of the majority of shares and having them proxy their voting rights to the foreign minority shareholders, for an annual fee.  Recent changes in the Thai law have raised penalties for “Nominees” who circumvent the law in this way. The penalties include three years in jail and up to 2 million Baht tin fines, in addition to having the company’s assets seized, So the continued practice of using “Nominees” is greatly discouraged.

How to pay
    If you are purchasing property in Thailand and you want to pay in Thai Baht ensure that your funds are transferred into Thailand in foreign currency and converted to Thai Baht here.
    The reason for this is that the receiving bank will issue a Foreign Exchange Transaction Form confirming the transaction.
    The relevance of the Foreign Exchange Transaction Form is that it is one of the documents you will need in the future if you wish to repatriate funds without incurring tax penalties.
    Also, please be aware that Banks will only issue Foreign Exchange Transaction Form for individual inward transfers exceeding 20,000 US$.
    Repatriation of investment funds and repayment of overseas borrowing in foreign currency can be remitted freely upon submission of supporting evidence.
    One of these documents would be the Foreign Exchange Transaction Form mentioned above, or in respect of a foreign currency loan, the loan contract.
    Remittance of funds without proper documentation could be regarded as income and become liable for tax.

Property Taxation
    There are 2 different types of Tax levied on property in Thailand and they are called.
    - Land Tax.
    - Structures Usage Tax.
     Land Tax is a very small tax levied on land ownership equivalent to just a few Baht per Rai per year.
This amount is so small that the land office rarely bothers to collect it and if they do may wait a few years before the amount is worth the effort of collecting.
    In any commercial sense this tax can be largely discounted.
    Structures Usage tax is applicable at the rate of 12.5% on the actual (or assessed) gross rental value of the property.
    Lessees are not subject to this tax but may be required by the Developer to pay an “annual ground rent” instead.

Land Titles Deeds
    True land title deeds are officially called Nor Sor 4 Jor or mare commonly “Chanote” and issued by the phuket provincial Land Office.
    Land held under Chanotes are accurately surveyed and GPS plotted in relation to a national survey grid and marked by unique “numbered” marker posts set in the ground.
    When scouting around expect to find many land documents in the form of Nor Sor 3 or Nor Sor 3 Gor which are in the strictest interpretation of the law, certificates of land utilization.
    They are to all practical purposes equivalent to land title deeds because they allow the land to be sold, leased or mortgaged in the same way as land held under a Chanote Title.
    The difference lies in the fact a Nor Sor 3 certificate is less accurately surveyed than the Chanote.
    Nor Sor 3 boundaries are recorded in relation to its neighboring plots and therefore there may be survey errors in length and land area.
    The newer Nor Sor 3 Gor is in general a much more accurately surveyed title as each plot is crossed referenced to a master survey of the area and a corresponding acrial photograph.
    Now there are a host of “land papers” which we advise all serious investors not to give any credence to. They are in essence a form of claims to possessory rights which have been filed with the district land office and upon which a small tax fee has been paid. The land held under these papers cannot be dealt with by way of sale, lease or mortgage. Legal acts cannot be carried wrt to the property and most importantly, you cannot apply for and obtain approval to build on the land.
    In conclusion we recommend that any foreigner wanting to buy land should consider only those held under a Chanote or Nor Sor  3 Gor. Remember, whenever in doubt, please consult a professional.

Land Measurement
Land in Thailand is measured in Rai , Ngan and Talang Wah.
1 Wah = 4 m2
1 Ngan = 100 Wah or 400 m2
4 Ngan = 1 Rai or 1600 m2
In comparison to Western Standards.
2.50 Rai = 1 Acre
6.25 Rai = 1 Aectare

Land & Property For Sale
 Krabi sea view (17 Rai or 6.8 acre) Sale Urgently
   Our land with Sea view  in Krabi province on the popular world class tourist destination at Tub Kake beach near 5 star Hotel Ritz Carton Luxury resort
   The land location is can be access by car from Krabi airport around 25 kilometers or driver 30 minutes by car and from the land to the beach just 5 minutes to the Tub Kake beach ( Clong Muang Krabi )... More Detail

The Guide (Thailand) Co., Ltd.

(former Wooddy Travel & tour )
98/78 The beach center project Kata Road, Karon, Muang Phuket 83100.
Telephone: ++66(076)330-855 Fax ++66(076)330-253
Hotline: ++66-(0)86-6896270
Contact directly to this E-mail: reservation@phuketeasytour.com
MSN live chat only : phuketeasytour@hotmail.com
Yahoo Messager live chat only : phuket.easytour@yahoo.com
Website: www.phuketeasytour.com
Copyrights© 2007 - 2012. Wooddy Travel & Tour All rights reserved.
Operating by tour guide licensed 31-01733
  Inbound travel licensed 34/00561
Powered by PhuketNext