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 […]
Thailand Long-term Resident Visa
The Thailand Long-term Resident Visa is one of Thailand’s most legally structured and policy-driven immigration mechanisms. Introduced by Cabinet Resolution in 2022, the LTR Visa departs significantly from traditional Non-Immigrant visas, offering a 10-year renewable residency to select categories of foreign nationals who align with Thailand’s economic, demographic, or technological goals. The program is jointly administered […]
The Thai Legal System – Civil and Criminal Cases
In Thailand, cases are decided by a judge. Unlike in the West, there is no jury system. Civil and criminal cases are argued in a hierarchy, with cases first filed with the Court of First Instance. Decisions from this court can be appealed to the Court of Appeals and to the Supreme Court. Legal System […]
Marriage in Thailand
Marriage in Thailand is an important life-course event that marks a significant transition in women’s lives. It is often a stepping-stone to financial and social security in the future. Foreign nationals marrying in Thailand must obtain an affirmation of freedom to marry from their embassy or consulate before proceeding to Thailand. This document must then […]