Cryptocurrency allows one to earn substantial returns, but its exchange rate is not always stable. To safeguard their portfolio, investors often convert part of their capital into physical real estate. Let's explore how buying real estate with cryptocurrency works in Thailand. Legal Status of Cryptocurrency in Thailand In many countries, the legal framework for cryptocurrency transactions is still...
A rental pool (or lease pool) is an investment program where property owners contribute their units to a common pool managed by a professional management company. This program allows property owners to generate rental income without actively managing their property. Profits are distributed among owners based on predetermined criteria—precisely the model under which hotels operate. Key Aspects of a...
A rental pool is a convenient investment program that allows you to earn a stable, passive income from renting out your villa in Phuket. By choosing this path, revenue is shared with a management company that handles property rentals, ongoing maintenance, and marketing. Depending on the management company's policy, rental income is typically distributed annually, quarterly, or monthly. Income Distribution...
When arriving in Phuket for a long or short stay, the question of opening an account in the Kingdom often arises. Having a local card allows you to avoid fees and currency conversions for payments and ATM withdrawals. It also enables you to pay utility bills, shop online, and use contactless QR code payments, which are popular among locals. Step One: Choosing a Bank and Branch Thailand has a developed...
Many come to vacation or stay longer in Phuket, but the question often arises: how to bring your four-legged friend to a tropical island? The procedure might seem extensive with a long list of requirements at first glance. However, upon closer look, the requirements are standard for most countries (vaccination, pet passport, microchip information). With a little preparation of all documents, your pet can...
Thailand's healthcare system is based on an insurance model and is recognized globally for its excellence, ranking 6th in Asia and 17th in the world. In 2002, the National Health Security Act came into force, which continues to ensure free healthcare for all residents of the Kingdom. Public insurance is represented by three primary programs: Civil Servant Medical Benefit Scheme: A welfare program for...
Phuket offers everything and more for a comfortable life with an excellent balance of service quality and cost for goods and services. Therefore, many foreigners naturally ask: how can one stay to live in the Land of Smiles for a year, 5, or 20 years? Certainly, a tourist stamp or tourist visa have time limitations of up to 90 days (60+30 days). Therefore, this option often doesn't suit those who wish to...
Understanding local real estate terminology is crucial when navigating the market. Here is a comprehensive glossary of key terms you will frequently encounter when discussing property in Phuket and Thailand. Types of Property & Ownership Condo / Condominium: A multi-unit residential building where individuals own their individual apartments (units) and jointly own the common areas. This is the only...
Phuket continues to develop rapidly, which is reflected in the growing number of real estate offerings on the market. More and more projects are emerging, both on the primary and secondary markets. When choosing property in another country, a number of questions inevitably arise during the purchase process. Therefore, we have prepared this checklist for selecting and buying an apartment or villa on the...
When acquiring property, a logical question arises—how do you sell it in the future if the need arises? Selling in your home country requires thorough preparation. Selling an apartment or villa in Phuket is no exception. Below, we outline the key steps for a successful transaction. Action Plan for a Successful Sale First and foremost, you need to understand the sequence of actions. Outline the stages...
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