Insights & Updates
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Expert insights, market updates, and practical guides to help you navigate the Phuket real estate market.
Houses & VillasHow much does it cost to build a house in Phuket?
Can a foreigner farm in Thailand? He referred to Thailand’s Foreign Business Act (1999), which prohibits foreigners from owning companies in the agricultural and livestock sectors. Thailand is the world’s largest rice and rubber exporter, producing about 30 million tons of rice…
Visas & ResidencyCan non residents buy property in Thailand?
How much is rent in Thailand? Some people pay over 50,000 baht for rent, while some pay 30,000 baht. There are also some who pay around 15,000 baht and some who pay less than 5,000 baht per month. In other words, the cost of monthly rent varies greatly and depends on factors…
Living in ThailandCan foreigners own 100% of a business in Thailand?
Can a foreigner be a sole proprietor in Thailand? Sole Proprietorship in Thailand: Although foreigners are generally prohibited from doing business in Thailand as sole proprietors, U.S. citizens who register with the Thai Ministry of Business Development under the US-Thailand…
Visas & ResidencyCan foreigners own in Thailand?
Where do rich live in Phuket? The most exclusive areas are located on the west coast, on Nai Thon Beach, Layan Beach, Bang Tao Beach and Kamala Beach, otherwise known as the Millionaire’s Mile, where Phuket’s most expensive properties are located. What is the richest part of…
Living in ThailandDoes Thailand allow foreign ownership?
Legal Guns Possession of firearms in the Southeast Asian country has been legal since 1947. However, only licensed gun owners can legally acquire, possess or transfer firearms or ammunition. Is it hard to do business in Thailand? Thailand is ranked 21st among 190 economies for…
Condos & ApartmentsCan you own a home in Thailand?
The cost of renting an apartment in Thailand is about 16 percent of what it costs to rent an equivalent apartment in New York. Thailand is the 65th most expensive place to live in the world. What is the average Thai income? In 2020, the average salary in Thailand was 619 USD.…
Visas & ResidencyAre foreigners allowed to own property in Thailand?
Can a US citizen retire in Thailand? The Thai Retirement Visa for US Citizens is issued to retirees or applicants who wish to visit and retire in the Kingdom of Thailand. Please note that you must first obtain a 90-day visa from your home country or country of residence before…
Condos & ApartmentsCan foreigners own villa in Thailand?
How much money do you need to live comfortably in Thailand? You should plan to live in Thailand with a budget of at least $1,500 per month, with $2,000 being a more reasonable benchmark. This will allow you to live comfortably without breaking the bank. You might be able to live…
Visas & ResidencyCan foreigners buy land in Thailand 2021?
How do I start a hotel in Thailand? Business registration and Ownership Foreigners must obtain a Foreign Business License from the Department of Business Development before starting operations. However, it is worth noting that a Thai limited company that is majority owned by a…