TO INVEST IN BUYING, DEVELOPING, OR LEASING (BUYING THE RIGHT OF USING) PROPERTY IN THAILAND .
Thailand has a wide variety of property allows you to invest.It can be passed to your son and grandson; There are also a wide variety of property for rent (selling the right of using). However, to ensure the safety of your investment, before signing any contract or pay any money, please let Win Win Property Serviceservices you:
1. Checking title documents;
2. Checking the seller or real estate developers.
3. Preparing the sale and purchase or lease ( buying the right of using) contracts;
4. Handling remittance installments;
5. Companyregistration .
6. Preparing documents to accept the transfer;
7. Registration of receipt of the ownership or rights to use.
1. Checking title documents:
There are many different types of title documents in Thailand. Whether you want to buy or to rent (to buy the right to use) is the empty land, land and house or condominium, (hereinafter referred to as property). Please let Win Win Property Service services you:
1.1 Checking title documents;
1.2 Make sure that the title deed (land ownership credential) not in possession of questions;
1.3 To ensure that the seller or lessor is the current owner of the real estate (land or including house) ;
1.4 Confirmed that the property is without mortgage, lease, sale with right of redemption, pledge, or under any encumbrance .
1.5 Verify that the real estate is not seized or attached (non-transferable).
2. Checking the seller or real estate developers:
You want to buy a building under construction, However, some areas in Thailand do not allow for the construction of condominium or some kind of building.So, in addition to credentials of land ownership, you may need to be sure that: the seller or developer has all of the required licenses or permits. Please let Win Win Property Service services you:
2.1 Confirm the seller or developer not been or are being involved in any civil, criminal, and bankruptcy court cases;
2.2 Verify whether there are any restrictions on land development;
2.3 Study the ability and credibility of the seller or developer;
2.4 Checking building permit;
2.5 Checking Initial Environmental Examination (IEE) has been approved;
2.6 Inspection the place where the property is located, to confirm the location of the real estate compliance with ownership credentials;
2.7 After the investigation making report (in Chinese).
3. Preparing the sale and purchase or lease (buying the right of using) contracts:
Thailand's contract mainly use Thailanguage ; English is also useful in the market.To
ensure the safety and smoothly of your purchasing or leasing (buying the right of using) real estate investment, before signing contract or pay deposit , please let Win Win Property Service services you:
3.1 Check the deposit contract;
3.2 Translate the contents of the contract;
3.3 Provide comments on the contract terms;
3.4 Negotiations to modify the contract as required.
4. Handling remittance to pay installments:
You have a lot of ways to transfer deposit, installments or rent, but the transfer has many
problems. To protect your investment, you can smoothly purchase or lease (buying the right of using ) real estate, please let Win Win Property Servicehandle remittances for you:
4.1 Ensure payment within the time limit;
4.2 Ensure that no violation of contract terms;
4.3Ensurethat the seller or the developer or the lessor (selling the right of using ) has received the payment;
4.4 Ensure having credentials to prove remittances.
5. Company registration:
The Thai limited company was founded and registered in Thailand can own real estate
(land or land and villa type house)ownership. As long as there are three natural persons, including 1 or 2 non-Thai natural person(s) holding 49% of shares, and the remaining 1 or 2 Thai natural person(s) holding 51% of the shares, a Thai limited company can be registered, then, it can purchase real estate. In order to ensure you can smoothly register a Thai limited company to invest in real estate, please let Win Win Property Service register a Thai limited company for you:
5.1 Reserve company nameyou proposed for you;
5.2 Draft memorandum of association, business objects, articles of association,
statutory meetings etc;
5.3 Make company seal;
5.4 Registerthe Thai limited company;
5.5 Apply tax payer card .
6. Preparing documents to accept the transfer:
Should first preparing documents to accept the transfer (purchase of real estate ownership; or lease (buying the right of using ) documents)before handling the transfer acception of transferring at the land office.In order to ensure you can accept the transfer smoothly, please let Win Win Property Serviceprepare the transferring documents for you:
6.1 ID card or passport; and household registration book;
6.2 Certificates of remittance;
6.3 Letter spouse consents;
6.4 Company certificate; company organized memorandum and articles of association;
6.5Minutes, etc.;
6.6 power of attorney;
6.7 cheque for the remaining payments.
6. Registration of receipt of the ownership or rights to use.
Transfer (sale and purchase, give, receive inheritance, mortgage, sale with right of redemption, etc., or more than three-year lease (buying the right of using) real estate in Thailand must personally or authorized to handle at land office. Documents are Thai, people are many and complicated. In order to ensure you can accept the transfer smoothly, please let Win Win Property Serviceto accept the transfer of registration of ownership or right to use for you:
7.1 Look after the entire documents to be signed;
7.2 Explain the contents of the documents;
7.3 Check the real estate title credentials;
7.4 Answer the officer's questions;
7.5 Pay the fees, charges and so on;
7.6 Received real estate title credentials, receipts and so on.
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