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Usufructs & Property in Thailand

Usufructs & Property in Thailand

Usufruct’s in Thailand are seeing an increase in use as many foreigners would buy property in the name of their Thai wife. In order to provide some protections since foreigners are not allowed to own land they tend to register a usufruct over the property in their name sometimes for the duration of their life.

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Escrow accounts in Thailand

Escrow accounts in Thailand

With Thailand becoming a property investment destination over the last 10 years it has been a boon to the property and property development industry but at the same time it also broght into the industry many ‘fly-by-night’ operators. This can be seen the Asian financial crisis where even today vast amounts of half completed property still stand around Bangkok as a testament to a property market gone wrong.

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