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A Townhome, Golden Town, Muang Chiang Mai – Gad Ruam Chok , Minimum contract 6 months : the total amount for making the rental . There will be the advance 1 month for 2 months security deposit. 4 bedrooms, 3 bathrooms, 1 living room, air room, water heater. Air condition (Daikin) every room fitness and swimming pool water bill according to the water supply bill, electricity bill according to electricity bill, car park, security guard 24 Hr. Location : Near Ruamchok Intersection, only 200 meters, Central Festival Chiang Mai, Lotus Ruamchok, Chiang Mai Government Center, Lanna Hospital, Theppanya Hospital
The building (the bricks and mortar) can be owned by a non-Thai national outright in their name in what is called the house registry which secures ownership indefinitely of the structure.
In Thailand, non-Thai nationals cannot own land outright in their name. Land can be controlled through either a Thai Company or a long-term registered lease. The longest registered lease term by Thai law is 30 years, and most developers will offer 3 terms for a total of 90 years.
After you have found the right property at Golden Town Chiangmai - Kad Ruamchok you have to follow these steps:
A 30-year lease period is legally protected under Thai law and ownership cannot be disrupted. It is common for developers to offer an additional two terms of 30 contractually obligating a total of 90 years.
Prior to purchasing a leasehold property, it is important to secure a copy of the lease agreement or get further clarity on these three points.
Thailand has different visas like Spousal Visa, Retirement Visa, Student Visa and Elite Visa - just to name a few options. Each visa has different requirements but they are usually easy to obtain.