Can I sell my house in the UK and buy a villa in Thailand?

I've been down this road and it's very hard. As for sure you can not bye the land no matter what people say. Most only pass on info they heard . 1 on the day you buy land in a company you can not be part of the company .after the company bought the land then you can own 49 percent of that company. On the day you also wish to sell the land .Then you can not be part of the company. When I sold my house myself I payed normal tax in the morning after lunch they said as the land had a house on it there was 3./. Company tax. I flew a lawyer up from pattaya to deal with it so it was pay pay pay before and afterwards

Yess possible . But dont buy. Rent is much better and gives more freedom

if a house then rent

Buy a condo,home can't in your name,condo is better for foreign and can buy at your name

Apartments are easy. Houses? Far too much work.

I haven't read all the comments, but renting out your home in UK is the way to go. Depending on the cash flow you receive every month from your UK home being rented, you may be able to pay your rent in Thailand and have some left over. After reading through a lot of groups like this, I've reconsidered purchasing property in Thailand and will rent. I plan to buy another investment property in the US to increase my passive income while living in Thailand. If you have children, I'm sure it would be easier to pass your home to them in your home country.

I’m a UK property investor who lives in Phuket. KEEP YOUR HOME! and do the following.

1. Appoint a very good rental agent in UK to find you a good long term tenant.

2. Rent a place in Thailand

Reasons…

There is no advantage to having a Thailand home over a UK home, if you can use a UK home to pay for a place to live in Thailand.

Your UK home will always be there if ever you need to go back.

Your UK home will have capital appreciation way higher than any Thailand property.

You can have the best of both worlds by keeping a residence in UK but renting in Thailand.

Renting in Thailand means you can move easy enough if for some reason, a particular area you chose doesn’t fit anymore.

If you are determined to buy a property in Thailand, do you have enough equity in your home to split buy? This means buy a property in Thailand but also have enough money to also buy a UK investment property. This gives you a monthly Uk rental income and a residence back in UK should you ever need to go back.

Here is the answer in a nutshell. You can buy a house in Thailand - but you cannot buy the land it is on. You can find a construct to buy the land, too. But all of these constructs mean that you will only be a minority owner in a group of (majority) Thai owners. More or less smart constructs to circumvent that „inconvenience“ (by preferential shares and the like) may work - until they don’t. Cause they won’t be legal in the eye of the courts should it ever come to that. So just don’t. Rent and don’t worry. Or buy a condo - but be careful what you buy.

Rent, and move around South East Asia

Don't buy a house here. Rent one. Much easier and safer. Less red tape, headaches, stress, lawyer bills, upfront cash 'donations', and the 'last minute' changes to the contract, price, closing costs, etc. Besides, you will never really "own the house" there are always loopholes. The land that it sits on will never be yours. Only way to avoid this is to buy with/through a Thai. That in and of itself is never a clever idea. We wouldn't do it at home so why would anyone do it here? The latter has countless stories that never end well for the foreigner.

Don't buy just rent. Don't buy here, itsa renters market here.

Easy to buy if a Thai person comes with it

You need to be CERTAIN that you like Thailand and the available food and healthcare and getting around. Just because it's a cheaper life doesn't mean you will love it. Also, if you are not used to excessive, constant heat then you may want to look elsewhere.

Russians are buying up property fast. Google it. Prices are going up.

Please please , just rent and keep your options all options open .

YES'"""" YOU CAN " Start a company'' Its easy' You will be the only directors of the company'' Never buy an existing company''' Just see a Legal service , 2 -3 weeks afterwards it will be in your names''' House in your names and land will be in companies name'' Talking from recent experience"""

Some (me included) may say more trouble than it is worth if you do not have Thai relatives. You cannot own land outright in your name. You could long term lease land (10 yr, 20 yr), then you can do what you want in that time frame.

Before you sell everything, I would come to Thailand and rent for a month in several places, to see what you like.

only can buy condo

Yes you can do it very easily a couple of ways 👍🏻

But most don’t have any yearly property growth rent you house in uk and rent here you can move around then find your ideal place/ island

Rent so cheap here probably live off your Uk rental like i do 🤘

I have bought a small house here

Best thing I have done all done by solicitor set Thai company

Myself 49. My lady and a special Thai friend the rest no problems

Just do it

Consult an international law firm before committing yourselves.

Rent here,Rent your house out back home..Keep your home in the UK.Don't sell up.

If in a few years time your settled out here,and still wish to sell your UK home,then you can?.Don't rush into it?.

Better to buy a condo, provided the block does not have more than 49% foreign ownership. Just remember it is difficult to sell property in Thailand. As some have mentioned better to rent until you know where you want to live. Then you can decide.

If you’re ready and willing and able to lose the money, yes go ahead and make that “investment”… This CD has been on repeat for years and years now … don’t expect protection if / when you get ripped off… no one will help you when you’re a non-Thai… they still have racial profiling checkpoints on the roads that stop all whites that pass on motorcycles… Don’t expect modern respectful non-discriminatory treatment from the law… or protections… good luck if you choose to make that transfer… they will kindly take your $$ …

Rent your house in UK, rent in Thailand move around get a feeling.then see where your at.

Could it be possible to buy a house, including the land in the name of a Thai national (relative through marriage) and rent the house and land to your self for 100 years?

Renting home property to pay for a rent in Thailand, is not that good, unless you have savings or another income to live on.

Depending on the property, take into account, land tax, land rental tax, water, body corporate fees, maintenance, realestate commision fee, ect ect.

Expences in Thailand, including visa's and flights.

ie - from $500 pw rental income recieved from two tenants, you will recieve about $160 from $500. Many aspects can go south.

When your property is no longer your primary residence, be aware of capitol gains tax on investment propertys.

Easy decision ? Yes possible.

yes it is possible

Does anyone do their own research or just wake up and say I'm moving to Thailand?

Unless your Thai....this isn't so straight forward

Yes, you can buy a house in Thailand as a foreigner.

1, Source yourself a good lawyer that works with an accountant.

2, Get them to set up a Thai Company that will own the freehold

3, Annual administration costs around 12,000THB per year.

4, Find a villa or have one built. Is the easiest way. Second hand maybe long winded.

5, make sure your lawyer and accountant are independent of your estate agents, builder, land owner and seller.

6, Some people will say you don't need an independent lawyer? Ask yourself one question? If you buy a house in the UK? Would you use the estate agent? Or Lawyer?

7, Don't trust anyone and you will be OK

Good luck

Don't do it you will never make any money on the house, the quality of the building is very bad compared to the UK

As for you starting your own business in Thailand to own a house it's going to cost you a fortune for lawyer's and you have thai employees at least 4 working for you

You would be better to get the retirement visa's

For your frist year and rent a condo and look at what you have to do with the thai immigration requirements involved every year and report to them every 90 days, you need to read the rules before you travel,

But Don't SALE your home in the UK just incase you don't want to live in Thailand after the move,

Have a good look around and find out what information you can

There are many different options available for the visa application

It all depends on your money situation so please stop and think about it as Thailand is not as wonderful as the holiday you have had here, And do not trust anyone or agent that makes wonderful promises to you,

Why buy when renting is so cheap and easy?

Everything is possible,you need to determine where in thailand you would like to live,check it out to get a feel for the place and then check out various property options available….and ask lots of questions from fellow expats about the ins and outs……but in theory very possible and do-able.

Nonsense. Don't do it. Rent and move around. Thailand is to be explored. Not to sprout roots. You'll get bored in one place because you'll always be a foreigner... who can't speak their language.

I sold my house in london and moved to Spain ( I'm in this group because I'm forever changed by and love koh phangan) it's been 16years and I always regret not useing the property instead of selling.engand is hugely valuable property. Even from far its possible to manage it to earn for you. Just my 2c

I suggest you contact

You can buy a house but never can own the land. Your names can be on the "chanoot" but a Thai person or company owns the land. I heard also another option is to own a company n put the house under the company's name. In everything, you'll need a good honest lawyer to help with the legal part.

Rent or do holiday first .check everything out .there's diffrent options of buying in Thailand 🇹🇭 u must research it first

You can buy a house, but the land on which it will be built will be either rented or leased. A work around is forming a company through which you could buy land. You will need a lawyer and the process is a bit challenging. But why do this? Just rent out your property in the UK and rent a house here. Much less problems and you get to keep your house which becomes a proper investment. That said, definitely spend 4-5 months here before making big life-changing decisions. Best of luck.

Just to put it in perspective. I could buy my house or rent it for the next 42 years for the same price. Better to rent. Not locked down. If you were happily married to a local it can be a great investment to buy. 🙂

I would rent out in U.K. and use this for a long term rental in Thailand

Or you could get a 30 year lease

There is many options in Thailand most favour Thais

I personally rent which some people tell me is stupid but it’s 100 % safe

How come anybody can buy a house in the UK it's totally stupid.

I would not buy a condo we bought a house 19 years ago my wife is Thai so the house is in her name, you will need health insurance please do your homework good luck

I’ve been told you need to buy a property with a foreigners freehold not sure how true this is but I agree with the posts saying rent first or just rent it’s so cheap to rent in thailand and rent your property back home good luck x

Do NOT SELL YOUR HOUSE, come 4 a month's holiday first, then do your research, stay away from visa agents.

As others have said rent first and get a feel for things, living in thailand is quite different from a vacation. After a couple of years and your still happy then you could look into purchasing a villa in a company name but someone else will be better placed to advise on that matter.

The answer is yes, u can sell your house in the UK and buy a villa in Thailand 🤷‍♂️

Yes, it is possible. As you wish. There are some really bad answers on here though 😀 absolute buffoons. Of course you can buy a house or condo here.

Rent only.. Bad neighbours, crazy dogs, Motobikes racing near your property after you buy,well your kick yourself after. Any problems when you rent.... Bye bye. RENT ONLY.

Rent out your house in the UK then you would have more than enough to rent a house, 3 bedrooms, swimming pool etc. You will achieve more capital gains on your English property and don’t have to worry about exchange rates, only owing 49% of the property with your Thai lawyer owning the other 51% , it’s all to hard. You can buy a condo outright without any land ownership problems. We have looked into this extensively and came to this as the best option and if you get to Thailand and don’t like it you can pick up stumps and return to England or move on somewhere else.

You can buy a condo, but can only rent a house

Go rent at first make sure you like the area rents are very cheap compared to UK .

Open bank accounts there deposit the required money for your retirement visas

I heard the rules changed last year.We were told we could buy an apartment in Hua Hin no mention of 30 year lease but who knows if they were holding some information back

Get a 20 year Elite visa and 30 year lease, and you're sorted.

There are two options fully legal. One is a 30 years lease of the land. The second is to buy a condo in a project where foreigners only own 49% of the total area of the building.

Don't buy, rent!

Leasehold or freehold.

Just rent. Easier

Come, rent at first and learn.

Foreigners cannot own land in Thailand. The best you can do is a 30 year lease.