Usufruct in Thailand
A usufruct in Thailand is a legal arrangement that allows an individual (the usufructuary) to use and benefit from another person’s property while retaining no ownership rights. This arrangement is common for foreign individuals who cannot own land in Thailand but wish to secure long-term usage rights for residential or agricultural purposes. 1. Legal Framework […]
Escrow Accounts in Thailand
Escrow accounts in Thailand serves as a secure holding account managed by a neutral third party, usually a financial institution, to protect both parties in high-stakes transactions like property sales, business acquisitions, and construction projects. Governed by the Escrow Act B.E. 2551 (2008), escrow accounts are particularly valuable for international transactions, where mutual trust or […]
Thai Permanent Residency
Thai Permanent Residency (PR) is a long-term status allowing foreigners to live indefinitely in Thailand without needing to renew visas. It is particularly beneficial for individuals who want to establish themselves in Thailand for business, employment, or family reasons. However, obtaining PR status is a complex process involving strict requirements and a limited annual quota. […]
What is a Thai Will and Succession?
A Thai Will and Succession involves the legal process whereby a deceased person’s assets are distributed to their descendants. We can help you draft a legal plan that complies with Thai inheritance law. A public or secret will can be made by handwriting it and presenting it before a district official along with witnesses. In […]
Registering a Company Under the Thailand Board of Investment
Registering a company under the Thailand Board of Investment can provide foreign investors with a range of incentives. However, the benefits vary depending on criteria such as the type of business and the amount of invested capital. In addition, certain perks are exclusive to BOI-promoted companies such as full or majority foreign ownership. Our team […]
Translation Services in Thailand
Translation Services in Thailand. Thailand, as a popular destination for business, investment, and tourism, has witnessed a growing demand for translation and legalization services. These services are essential for ensuring accurate and legally recognized documentation in Thai or foreign languages. This article provides a comprehensive overview of the intricacies involved in obtaining translations and legalized […]
5-Year Retirement Visa
5-Year Retirement Visa. Thailand, with its warm climate, rich culture, and affordable living, has become a top destination for retirees from around the world. For those looking to make Thailand their home during their golden years, the 5-Year Retirement Visa, also known as the Non-Immigrant OA Long Stay Visa, is an attractive option. This visa […]