Generally, foreigners are not allowed to directly purchase land in Thailand . Simply put, Thai laws prohibit foreigners from owning land in their own name, although theoretically there is an exception but it is yet to be seen in practice.
The highest land price is in Siam Square, Chi Lom and Ploen Chit at Baht 1.75 million per sq. wah or Baht 437,500 (USD 13,258) per sq. metre or USD 1,232 per sq. feet.
Foreigners cannot buy land in Thailand , only condominium units and apartments. Foreigners cannot make up more than 40% of the condominium´s unit-owners. However, a foreigner can buy a whole building, minus the land on which it is built.
Apartments in Thailand sell for $110,000-250,000 on average , homes — for $150,000-700,000. Property prices are the highest in Bangkok, while in Rayong, Hua Hin and Chonburi they are relatively low.
Obtaining status as a Permanent Resident (PR) in Thailand has many advantages. It allows you to live permanently in Thailand , with no requirement to apply for an extension of stay. You will also be able to apply for an extension of stay and Permanent Resident status for your non- Thai family members.
You can apply to live in Thailand long term if you are married to a Thai or if you have a Thai child or children. The marriage visa for Thailand is issued at a Thai Embassy in your home country and it is normally issued as a single entry visa and valid for 90 days once you enter Thailand .
Foreigners can’t own land in Thailand . However, a Thai registered company can own the land , and a foreigner can open a company if they meet the requirements. In addition, a foreigner married to a Thai national CAN own land in Thailand .
In Thailand , the size of land is expressed in rai , ngan and square wah (or talang wah). – One wah equals 2 metres, and thus one square wah (2X2 metres) equals 4 square metres. – And one rai, the biggest unit, is 4 ngan, 400 sqw, or 1600 sqm.
Today, Thailand is a constitutional monarchy with a democratic form of government. The Thai monarch reigns, but does not rule.
It is not as easy to find a good job in Thailand as in your home country. But then of course it doesn’t mean it’s not possible and with the right approach I will show you here you will have a lot higher chances to find employment in Thailand than you might think.
Can I Have Thai Dual Citizenship ? Yes, you can . The Thai Government does not require you to renounce your prior nationality after obtaining Thai Citizenship . Similarly, if you apply for the nationality of another country while holding a Thai passport , you can still keep both citizenship /passports.
In terms of new condos, the starting price for a one bedroom, 22 sq meter property is around 1 million Baht (45,000 THB per meter squared). This would be the price of a basic condo away from the BTS / public transport and built by a developer such as Lumpini.
Some are harder to trade, and this usually includes labour and land. So this means that prices can vary quite a bit in different countries and regions. In Thailand labour is pretty cheap , and land is fairly cheap . With restaurants, and to some extent hotels, a lot of the cost comes from the land and labour.
You should plan to live in Thailand on 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 could potentially live a lot cheaper, as low as $1,000 a month, but you would probably have a difficult time.
The primary reasons why some expats are leaving Thailand include the strength of the local currency and an unfavourable exchange rate, combined with an inability to qualify for an appropriate visa.