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Buying a CONDO in Thailand Part 1 | THINGS TO KNOW
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Did you know that as an expat you can easily buy a condo in Thailand? And, with both new and used condos on the market, there are plenty of options to choose from.
I continue my set of video interviews with the owner of one of the law firms in Koh Samui called Vize Counselor, Jimmy, who, this time, agreed to answer the most common questions when it comes to buying a Condo in Thailand.
This video lists out the must-knows in these areas for anyone looking to handle the process themselves. Jimmy answers the questions about how a Foreigner can buy a Condo in Thailand avoiding any problems, we're talking about the difference between Ownership of a Condo (Foreign, Company and Thai Ownership), Selling Agreement, Down Payment, Taxes you pay when you buy and own a condo, Blue and Yellow Book Difference, "Chanod" and more.
You may think that the process of buying a Condo in Thailand is straight forward but there are certainly a few bumps in the road.
Aside from the financial side of things, the main concern for most buyers are potential pitfalls when it comes to valuation, future outlook and complications and the paperwork of course.
My Video Interview with Jimmy on
"How to Open a Company and Start Business in Thailand" is here
Get a consultation about opening a company with Vize Counselor -Legal and Accounting
๐๐ข๐๐๐จ ๐ฉ๐ซ๐จ๐๐ฎ๐๐ญ๐ข๐จ๐ง ๐๐ฒ ๐๐ข๐ค๐ ๐๐๐ฌ๐๐ง
Thailand Easy Telegram group
Thailand Easy Facebook
00:00 - Intro
1:26 - Can a foreigner buy a Condo in Thailand?
1:40 - Terms "Condo" and "Apartment"?
2:20 - Foreign Ownership, Company Ownership and Thai Ownership
05:17 - Do I need a Thai company to buy a condo?
06:13 - Do I need a Lawyer to buy a condo?
07:02 - Is there a Sell Agreement for Buying a Condo?
09:06 - How much is the down payment?
09:55 - What's the payment procedure?
10:20 - What's 'Chanod'
12:13 - What's the Blue book and Yellow Book?
13:31 - Do I get the permanent resident ship when buying a Condo?
14:04 - Am I the owner of Condo forever?
14:23 - What happens to my Condo if me and my Thai wife divorce?
16:26 - Can seller back out after down payment?
17:20 โ Is buying a Condo a good investment?
18:30 โ How much Tax do I pay when I own a Condo?
19:02 โ Do I need to open a company to give my Condo for Rent?
20:26 โ Lawyer Advise
Did you know that as an expat you can easily buy a condo in Thailand? And, with both new and used condos on the market, there are plenty of options to choose from.
I continue my set of video interviews with the owner of one of the law firms in Koh Samui called Vize Counselor, Jimmy, who, this time, agreed to answer the most common questions when it comes to buying a Condo in Thailand.
This video lists out the must-knows in these areas for anyone looking to handle the process themselves. Jimmy answers the questions about how a Foreigner can buy a Condo in Thailand avoiding any problems, we're talking about the difference between Ownership of a Condo (Foreign, Company and Thai Ownership), Selling Agreement, Down Payment, Taxes you pay when you buy and own a condo, Blue and Yellow Book Difference, "Chanod" and more.
You may think that the process of buying a Condo in Thailand is straight forward but there are certainly a few bumps in the road.
Aside from the financial side of things, the main concern for most buyers are potential pitfalls when it comes to valuation, future outlook and complications and the paperwork of course.
My Video Interview with Jimmy on
"How to Open a Company and Start Business in Thailand" is here
Get a consultation about opening a company with Vize Counselor -Legal and Accounting
๐๐ข๐๐๐จ ๐ฉ๐ซ๐จ๐๐ฎ๐๐ญ๐ข๐จ๐ง ๐๐ฒ ๐๐ข๐ค๐ ๐๐๐ฌ๐๐ง
Thailand Easy Telegram group
Thailand Easy Facebook
00:00 - Intro
1:26 - Can a foreigner buy a Condo in Thailand?
1:40 - Terms "Condo" and "Apartment"?
2:20 - Foreign Ownership, Company Ownership and Thai Ownership
05:17 - Do I need a Thai company to buy a condo?
06:13 - Do I need a Lawyer to buy a condo?
07:02 - Is there a Sell Agreement for Buying a Condo?
09:06 - How much is the down payment?
09:55 - What's the payment procedure?
10:20 - What's 'Chanod'
12:13 - What's the Blue book and Yellow Book?
13:31 - Do I get the permanent resident ship when buying a Condo?
14:04 - Am I the owner of Condo forever?
14:23 - What happens to my Condo if me and my Thai wife divorce?
16:26 - Can seller back out after down payment?
17:20 โ Is buying a Condo a good investment?
18:30 โ How much Tax do I pay when I own a Condo?
19:02 โ Do I need to open a company to give my Condo for Rent?
20:26 โ Lawyer Advise
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