Child Adoption in Thailand
Child adoption in Thailand is a legal process that permanently transfers parental rights from a child’s birth parents (or state) to adoptive parents. It is regulated to ensure the welfare of the child, uphold the integrity of the adoption process, and prevent child trafficking. Both Thai and foreign nationals may adopt, but the procedures differ […]
Property Mortgages in Thailand
Property Mortgages in Thailand. In Thailand, mortgages are governed by the Civil and Commercial Code (CCC) and must be registered to be enforceable against third parties. Unlike many jurisdictions where mortgages are flexible instruments used for both purchase financing and security for obligations, Thai mortgage law is highly formalistic and registration-dependent. This article provides a […]
Foreign Business Act
The Foreign Business Act B.E. 2542 (1999) (“FBA”) is Thailand’s principal statute regulating the participation of foreigners in business activities within the Kingdom. Enforced by the Department of Business Development (DBD) under the Ministry of Commerce, the FBA defines what constitutes a “foreign business” and outlines specific business categories that are either prohibited or restricted […]
Thailand Privilege Visa
The Thailand Privilege Visa, formerly known as the Thailand Elite Visa, is a long-term residency program designed for affluent foreigners who wish to reside in Thailand with exclusive benefits. This visa is managed by Thailand Privilege Card Co., Ltd., a subsidiary of the Tourism Authority of Thailand (TAT), and offers 5-year, 10-year, and 15-year residency […]
Property Leasehold in Thailand
Property Leasehold in Thailand is a popular option for both foreign and local investors, offering a viable alternative to freehold ownership, particularly for non-Thai nationals who face restrictions on land ownership. A leasehold arrangement allows an individual or entity to lease property for a specified period, typically up to 30 years, with the possibility of […]
Thai Business Partnerships
Thai Business partnerships are a common structure for local and foreign entrepreneurs seeking to establish ventures collaboratively. Governed by the Civil and Commercial Code, partnerships in Thailand come in three distinct forms: Ordinary Partnerships, Registered Ordinary Partnerships, and Limited Partnerships. Each type has unique characteristics, advantages, and regulatory requirements tailored to different business goals. 1. […]
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 […]