In this article, we will explore Thailand’s proposed changes to its tax laws, which may require individuals residing in Thailand for over 180 days to pay tax on foreign income, even if that income is not brought into the country. While the draft law is still in the early stages, we will focus on its …
Thailand’s Proposed Tax on Foreign Income: Predicted Impact on Phuket Real Estate Read More »
Phuket’s vibrant real estate market offers a range of properties, from beachfront villas to contemporary condos and apartments, each catering to a variety of lifestyle and investment goals. In this post, we’ll take a closer look at the difference between freehold condominiums and leasehold apartments in Phuket, and feature two standout projects: The Heights (a …
Phuket Property – Luxury Condo & Apartment Feature Read More »
Phuket offers a wide variety of property types, from apartments and condominiums to villas, detached houses, semi-detached homes, and townhouses. These properties come in diverse styles, ranging from sleek contemporary designs to more traditional Asian and Balinese influences, often blending different architectural elements. With a broad range of price points, buyers can choose between garden-view …
According to the Bangkok Post, the Thai government’s proposal to extend land lease periods for foreigners to 99 years is currently under review, with key legal amendments needed before any significant progress can be made. On June 18, 2024, the Ministry of Interior, which oversees the Department of Lands, was authorised to study the feasibility …
Update on Proposed 99-Year Land Lease Law for Foreigners in Thailand Read More »
The Thai government has announced significant proposals to amend property laws, aiming to make it easier for foreigners to invest in the country’s real estate market. These proposed changes, if enacted, could reshape the landscape for foreign property ownership in Thailand, particularly in resort destinations such as Phuket and Koh Samui. This article delves into …
Thai Government Proposes New Laws to Ease Foreign Property Ownership Restrictions Read More »
First Quarter Snapshot Phuket’s real estate market saw strong growth in Q1 2024, with 25 new projects adding 4,000 units valued at 54 billion baht. Most were vacation condominiums in the Thalang District. Over the past year, 10,000 units were sold, generating 90 billion baht. The market now includes 500 active projects, with 72,000 units …
During his visit to Koh Samui from April 7th, Prime Minister Srettha Thavisin promised that a new cruise terminal, with a total investment of 12.172 billion baht, will be approved by the Cabinet this year. This visit is part of his official trip to Koh Samui and Nakhon Si Thammarat, which spans from Saturday to …
Prime Minister Srettha Thavisin Promises New Cruise Terminal in Koh Samui Read More »
On April 15th, Spanish Prime Minister Pedro Sánchez announced the winding down of the Spanish Golden Visa scheme, sparking a wave of discussions and concerns about its impact on potential expatriates and property investors, especially Britons, interested in relocating to Spain. This decision, framed by the government as a move to quell property speculation and …
Proposed Ending of the Spanish Golden Visa Scheme Read More »
New Regulations for Real Estate Agents in the Balearic Islands Mandatory Register Introduced to Enhance Transparency After years of advocacy by COAPI (Official Association of Real Estate Agents in the Balearics) and ABINI (Association of National and International Real Estate Agents), a new law has been passed to enforce stricter regulations in the Balearic property …
New Regulations for Real Estate Agents in the Balearic Islands Read More »
Proposal for Phuket’s ‘Special City’ Status Phuket is on the path to becoming a ‘Special City,’ a transformation that could bring it in line with Bangkok and major economic hubs like Rayong, Chon Buri, and Chachoengsao. Mayor Saroj Angkanapilas has presented a compelling case to Prime Minister Srettha Thavisin, advocating for a governance structure that …
Phuket’s Special City Status: A Game-Changer for the Property Market? Read More »
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