Thailand Property Online

Serving Thailand Real Estate Market and Overseas Property Development Projects

Welcome to Thailand Property Online.

Thailand and Oveaseas Real Estate and Investment Property listings

Thailand Property Online is the leading-edge site for all your Thailand real estate and property needs.

We intend to offer you the largest selection of properties in Thailand. All types of locations and for all budgets. We aim to match as never before the needs of the Thailand property buyer with right property through choice and information using up to date technology for a complete real estate service. A complete property service for us means a full and informative service from initial property search until purchase and after sales services.

If you planning to move to Thailand or buy a summer house near the coast or a second property where you would love to spend your holidays, you can find usefull informationa about Thai property law and latest real estate news updates.

Whether your are looking for new or pre owned houses, apartments, plots of land, vacant land or investment properties, the directory of Thailand Property Online will help you find the type of property you are looking for. We offer you all the right tools in order to assist you while searching for your favorite property in Thailand such as property photos, detailed information, plans, price, agent commission and more. We serve major locations in Thailand; Bangkok, Pattaya, Chiangmai and Phuket. Log in and enter your property free of charge!

Overseas Property Development Projects

Whether you are looking overseas for a first home, a family residence, a holiday apartment or a comfortable retirement home, Overseas Property Development section can offer you a vast selection.

We have hundreds of overseas properties for sale in Thailand, Dubai, Abu Dhabi of UAE, Egypt, Jordan and Russia. We are worldwide property specialists, offering you the best selection in Overseas properties. Your ultimate partner for International Property services.

We provide our customers with Developer direct prices, no comission or other hidden cost whatsoever! Developer pays our comission, not buyer. As an authorised agent, Thailand Properties Online will provide you with most current price for all listed properties and make sure that you will be charged lovest price possible.

New property law stuns foreigners

Bangkok (dpa) - Thailand's booming property sector has been thrown into confusion by a new regulation issued this month that requires all partly foreign-owned companies to prove the source of their funding before purchasing land, industry sources said Tuesday.

The new Interior Ministry regulation that went into effect on May 25 has already started to slow sales of housing estates in Thailand's popular seaside resorts, such as Pattaya, Phuket, Hua Hin and Samui Island, which have been specifically targeting well-to-do foreigners as vacation getaways or retirement homes. "The property boom ended on May 25," said Ronachai Krisadaolarn, managing director of Bangkok International Associates, a Bangkok-based legal consultancy firm that caters to foreign clients.

Thailand has strict laws prohibiting foreigners from directly purchasing property themselves although loopholes in the law allow them to own land and their houses through long leases or a "nominee company," providing the company is majority Thai-owned.

It is common practice for such "shell companies" to include Thai nationals who have been paid to act as nominees to facilitate the deal and who have invested nothing in the purchase.

Setting up a Business in Thailand

As in most countries, there are three kinds of business organizations in Thailand: Sole proprietorships, partnerships, and limited companies. The most popular form of business organization among foreign investors is the private limited company.

Private limited companies require a minimum of seven promoters and must file a memorandum of association, convene a statutory meeting, register the company, and obtain a company income tax identity card. They must also follow accounting procedures specified in the Civil and Commercial code,the Revenue Code and the Accounts Act. A balance sheet must be prepared once a year and filed with the Department of Revenue and Commercial Registration. In addition, companies are required to withhold income tax from the salary of all regular employees.

The Ministry of Industry administers The Factory Act, which governs factory construction and operation, as well as safety and pollution-control requirements. In some cases, factories do not require licenses, in other instances the requirement is simply to notify officials in advance of start-up, and in some cases licenses are required prior to commencing operations. Licenses are valid for five years, and are renewable.