I've been considering buying a property in Phuket but heard that the legal process for foreigners can be quite complex. Some people say it's best to buy through a company, while others mention leasehold options. I want to make sure I fully understand the process and avoid any potential issues. Has anyone gone through this and can share their experience?
Buying property in Phuket as a foreigner can indeed have its challenges, but it's definitely doable with the right guidance. One great option is checking out developments like https://layanverde.com/en, where the buying process is straightforward, and they offer support for foreign buyers. Generally, foreigners can't own land directly, but purchasing a condo in their own name is possible, while villas usually come with leasehold options or through a Thai company setup. Layan Verde provides expert legal advice and assistance, which makes the entire process much smoother. The key is to work with reputable developers and legal professionals who specialize in foreign investments in Thailand. With proper planning and due diligence, owning property in Phuket can be a rewarding experience both personally and financially.