Best real estate in Phuket

The purchase structure is protected by legal registration. All purchasers will share in the underlying land ownership to enhance their investment, rights and privileges.

The legal structure is Lease Hold.

Details are as follows:

The land is owned by a Thai company.

The Buyers receive a 30 year lease contract with 2 options of 30 years or as much as allowed by Thai Law. The lease is registered under the name of the Buyer at the Land Department.

At the same time Buyers receive a 100% share in an offshore company. This company will hold shares in the Thai company and will have control through voting rights and articles of association.

Therefore, these two contracts required:
- a Lease Agreement
- a Share Subscription Agreement

The acquisition of a property in Thailand can involve a significant investment. Whether you are purchasing or selling a property each party should take into consideration the legal requirements of Thailand regarding property ownership.

For foreigners wishing to invest in Thailand, the laws are quite clear but they need to be well understood and followed.