Under the right circumstances, buying a condo in Thailand can be a rewarding purchase and a good investment.  If you are a foreigner interested in buying a condo in Thailand there are several issues you need to be aware of.

One of the privileges of condominium ownership is membership in the respective condominium association where you bought. Condominium developments consist of mainly privately owned condominium units and public areas.

Although Thailand is a popular retirement destination for foreigners, foreigners who decide to live in Thailand long-term have few ownership options available to them.  The first ownership option is buying a condo.  

Thailand has been issuing deeds to private real estate ever since the Department of Land was established in 1901.  Over the years, numerous land reform initiatives have resulted in some confusion over who owns what. 

The tax system in Thailand is simple to understand however property taxes become far more complicated compared to corporate and income taxes. Speak to us about your property taxes in Thailand.