Ownership

It is vital to have all the necessary documents in hand when buying property in the Philippines. Failing to have all these will cause you a plethora of headaches in the future, including the possibility of having the transaction being deemed void. With that in mind, here are the five documents you will for sure need when buying property in the Philippines: Contract to sell Deed of absolute...

There are Asian countries that allow foreigners to own land, although these are few and far between. It also seems highly unlikely that the current list will change any time soon. That’s because this is a hot button topic which can spark a public backlash against a sitting government. Look no further than Thailand for proof of that. The Thai government approved plans to allow freehold foreign...

A royal decree regarding Thailand’s land and building tax reduction for 2023 was issued in March. This became official when the Government Gazette published an announcement stating the land and building tax due will be decreased by 15 percent in 2023. Land plots eligible for a previously confirmed 50 percent tax break were eligible for this as well, essentially meaning these plot owners will receive a...

Two wrongs don’t make a right, but they do provide a great deal of entertainment when it comes to the Thai real estate market. Plans to allow foreign land ownership in Thailand have been withdrawn by the government as it looks to keep the public happy ahead of eventual elections. Let’s start by pointing out the obvious. This was a terrible proposal derailed by illogical criticism. Neither the plan...

Thailand foreign land ownership is now possible with the Cabinet signing off on a proposal that would allow expats to own up to one rai of land for residential purposes. However, potential buyers shouldn’t get too excited about the scheme which has a THB40 million investment requirement attached. Watch the video below for all the details. Click here to start your search for Thailand land for...

Thailand foreign land ownership is now possible with the Cabinet signing off on a proposal that would allow expats to own up to one rai of land for residential purposes. However, potential buyers shouldn’t get too excited about the scheme which has a THB40 million investment requirement attached. The proposed new law that makes Thailand foreign land ownership possible may also suffer similar issues to...

The government recently approved a change to foreign business land ownership regulations in Thailand that grants overseas companies a raft of new rights. These are overseen by the Thailand Board of Investment who handle approval of all land purchases. Firstly, foreign business land ownership regulations in Thailand state the company applying to own a plot must be BOI-approved and have a registered...

With tourism recovering and Thailand on many travelers’ list of must visit destinations, people want to know if now is a good time for Bangkok hotel investment. And while today is certainly not a bad time to buy a Bangkok hotel for sale, there are a few factors to consider. Let’s start by looking at the positives. First, the Tourism Authority of Thailand predicted tourist arrivals of more than 10...

Can foreigners own land in Malaysia? The good news is that foreigners are able to own land in Malaysia. There is better news, however. The country is only one of a few in Asia where freehold ownership terms are available. As you would expect, there are rules and regulations in place that you will need to take note of with most laid out in the National Land Code. For starters, Malay Reserved Land and...

It is vital to have all the necessary documents in hand if you want to buy land in the Philippines. Failing to have all these will cause you a plethora of headaches in the future, including the possibility of having the transaction being deemed void. With that in mind, here are the five documents you need to buy land in the Philippines: Contract to sell Deed of absolute sale Deed of...