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Showing posts from March, 2023

Thai Marriage Visa

If you are planning to marry a Thai citizen, you need to get a Thai Marriage Visa in order to get married in Thailand. This visa requires a legal marriage and requires your marriage certificate to be validated by the governing body of the country of origin. If your marriage is not legal in your home country, you can obtain a translation of your marriage certificate and have it stamped by the Ministry of Foreign Affairs in Thailand. While obtaining your Thai marriage visa, you do not need to provide proof of funds in a Thai bank account or a monthly income. Non-Immigrant “O” Visa The Non-Immigrant “O” Visa for Thai marriage is required by the Thai government for foreign nationals who wish to marry a Thai citizen. Applicants may apply for this visa at a Thai embassy in their home country or at a Thai consulate abroad. Normally, the visa is valid for 90 days. However, the Thai government may extend the visa for up to one year, depending on the reason. If you are planning on reentering Tha...

Due Diligence in Thailand

  Due Diligence is an important process when purchasing property in Thailand. This process involves checking the legal status and history of a property before you purchase it. This will help you avoid dealing with fake owners or property associations that do not pay fees. It will also make sure the current owner is not behind on common area and management fees. Property Law When it comes to acquiring immovable property in Thailand, it is important to conduct due diligence before signing a purchase contract. This will help you ensure that the property is legally owned and can be sold. You should conduct a thorough search of the land registry and assess any building construction permits. In addition, you should consult a qualified property practitioner for assistance. Performing due diligence in Thailand is especially important for foreign investors. In Thailand, it is a complex process to register property, which makes it more likely for land scams to occur. You should hire an attor...

Thai Retirement Visa

When applying for a Thai retirement visa, a number of important details are crucial. You’ll need to provide the Immigration Office with your current address every 90 days. You can do this personally, by mail, or through a Power of Attorney. You’ll also need to provide proof of income or pension. Requirements for Applying The requirements for applying for a retirement visa in Thailand are strict. The applicant must be retired and have an income of 65,000 Thai Baht per month or more. They should also have at least 800,000 baht in total assets, including cash and other assets. Applicants must also present a valid passbook or bank book from a Thai bank. Additionally, they must have a letter from their bank stating that they have deposited the required amount of money from overseas. This money must have been cleared two months before the application deadline. Most people applying for a Thai retirement visa must report to the Thai Immigration office every 90 days. This can be time-consuming ...

Purchase or Leasehold in Thailand

There are many things to consider when looking at property in Thailand. Some prefer to rent while others decide to   buy property in Thailand . What are the options and what is best for you – you decide! In the West we normal look at the standard 100 rule. Say if you property costs USD 100,000 then you could expect to have a rental income of round about USD1,000 per month. Now consider maintenance, property taxes and if it is a condo the annual fees. Taking all into account you might see a return of 5% per annum however this is if you have tenants in the house of apartment. In Thailand the pricing is skewed in many ways. Some places are getting 200 times the value of the property which would ensure a rental income of 10% or in that general area. This is one of the reasons why people invest in property in Thailand. The property market even in the middle of the global down turn might have been soft at the top end of the market but the average house or apartment increased in value. A ...