Foreign ownership of property in Thailand
Chiang Mai is a city at the edge of the mountains in northern Thailand and it’s a top-rated location for international retirement as well as a destination for digital nomads looking to save money while working online.
Its Old City area still retains the walls and moats from its history as a cultural and religious center. The nearby mountains are a great escape from the city where you can enjoy the beauty and nature of northern Thailand.
I had a chance to interview Brian DeVore, the RE/MAX Skyline managing director about Buying real estate in Chiang Mai, Thailand. Brian has been a resident of Chiang Mai Thailand for almost 10 years and has been involved in real estate in Chiang Mai for 5 years. Brian had a lot of information about foreign ownership of property in Thailand.
Here are the questions I asked Brian in the interview:
- Is Chiang Mai a good city for real estate investment?
-What is the best area for property investment in Chiang Mai?
-What is the cost of a good condominium investment in Thailand?
-Can you save money by buying a home just outside of town?
-How much will a house or Condo just outside of town cost?
-Can a foreigner own a condo in Thailand?
-Can a foreigner own a house in Thailand?
-Can a foreigner buy property in Thailand?
-Can a foreigner buy property through a company in Thailand?
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