What do I need to know when buying property in Thailand?
When we asked expats what advice they would give a foreigner before buying a property in Thailand, they said...
"When buying property in Thailand, it is important to make sure you are familiar with the legal process, taxation, and other requirements associated with real estate purchases. You should research the laws governing property ownership, including any special restrictions or taxes specific to the location of the property. It is also important to familiarize yourself with the payment process and financing options available to purchase the property. In addition, you should make sure you understand the language of any legal agreements that you will have to sign in order to purchase the property. Lastly, it is important to have a trusted advisor who can provide guidance and assistance throughout the process," explained one expat living in Thailand.
Connect
We are a U.S. tax firm specializing in taxes for Americans living abroad. We offer expert guidance on navigating the complexities of filing overseas income, foreign asset reporting, and ensuring compliance with both U.S. and international tax regulations. Universal Tax Professionals is a team of experienced experts well-versed in the latest tax laws, including the nuances that apply to expatriates.
Click connect to have our partner contact you via e-mail and/or phone.
We are a U.S. tax firm specializing in taxes for Americans living abroad. We offer expert guidance on navigating the complexities of filing overseas income, foreign asset reporting, and ensuring compliance with both U.S. and international tax regulations. Universal Tax Professionals is a team of experienced experts well-versed in the latest tax laws, including the nuances that apply to expatriates.
Connect
Click connect to have our partner contact you via e-mail and/or phone.
Other Questions:
- What do I need to know before retiring in Thailand?
- How do I meet people in Thailand?
- What is life like in Thailand?
- Is there a lot of crime in Thailand?
- Is there a lot of diversity? Are people in Thailand accepting of differences?
- What are the schools in Thailand like?
- Is the cost of living in Thailand high?
- What advice do you have for expats having a baby in Thailand?
- What are healthcare services like in Thailand?
- Is the cost of living in Thailand high?
- What type of recreational facilities are in Thailand?
- What is the weather like in Thailand?
- Are there good restaurants in Thailand?
- Where will I buy groceries and do other shopping in Thailand?
- What are the visa & residency requirements in Thailand?
- Are healthcare and health insurance expensive in Thailand?
- What do I need to know when buying property in Thailand?
- Are foreigners allowed to own property in Thailand?
- What appliances are typically included in a rental?
What do I need to know when buying property in Thailand?
If you live in Thailand, newcomers to Thailand would love to hear your answer to this question:
About the Author
Betsy Burlingame is one of the founders of Digital Nomad Exchange and the Founder and President of Expat Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange and Digital Nomad Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.
Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.