| Buying a house in Thailand for your retirements is | | | | than 49 percent share, then you must enter an |
| one of the best options that you can do after | | | | association with 6 other Thai investors in order to |
| your work is done and you want to have peace | | | | form such an organization. Remember that in a |
| and quiet. However, there are plenty of laws and | | | | Thai limited company, you need a minimum of 7 |
| regulations that you need to be aware of so that | | | | shareholders involved. After this, you need to be |
| you can effectively procure the property that | | | | named the executive director of the said |
| you want. | | | | company and be voted by the rest of your |
| You know that there are a lot of investment | | | | associates. After this, the six other investors |
| opportunities in Thailand and real estate is what | | | | should sign an undated share transfer thereby |
| many foreigners go there. And while there are | | | | giving you the whole property. |
| plenty of restrictions that are put on the | | | | The other option |
| procurement, there are also a lot of ways that | | | | There is another option that you can have other |
| you can go around them. | | | | than the Thai limited company. If you can not find |
| Here are some rules that you need to keep in | | | | six other investors that is willing to cede |
| mind: | | | | ownership to you then, Thai limited ownership is |
| Know what you can not own | | | | not the best option for you. If you are in this |
| There are various things that you can buy in | | | | predicament then you might want to try the |
| Thailand and a house is one of them. However, | | | | second option. |
| there are things that are off limits for you. One | | | | Your second option is through the lease of land |
| of the things that are not available to a foreigner | | | | for 30 years and after that you can be offered |
| is that foreigners are not allowed to have a 49% | | | | an extension of 30 years and can be extended to |
| ownership of a condominium. This ensures that | | | | up to 990 years more at maximum. Remember |
| majority of the ownership of the property | | | | that the foreign owner has the right to will the |
| remains on the hands of the Thai. | | | | land to his heirs. |
| How you can get around this | | | | These two ways are the easiest ways to buying |
| And while this is the case in most of the people, | | | | a house in Thailand for your retirement. Try and |
| there is a way that you can get around this one. | | | | follow the tips so that you can have the easiest |
| You can get around this rule by establishing a local | | | | time. |
| Thai limited company. Since you cannot get more | | | | |