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Pool Villa Resort Style Balina 2 Huay Yai, Corner House 5 Minutes Drive to Jomtien Beach and Bang Saray Beach Near Many Amenities Lotus, Big C, Market, Makro, Restaurants, Pharmacy Size 250 Sq.m. 156 Sq.w. 3 Bed 3 Bath, 2 Car Parking Spaces in House Renovated, Swimming Pool and More Separate Laundry Room and Storage Room. Ready to Move in Near the Sea, Quiet Atmosphere, Tropical Garden
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 Baan Balina 2 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.