Mortgages in Thailand serve as a common financial instrument for acquiring real estate, whether for residential, commercial, or investment purposes. However, the Thai mortgage system differs significantly from those in Western jurisdictions, both in terms of legal structure and accessibility—especially for foreigners. This article provides an in-depth examination of property mortgages in Thailand, covering legal…
Read MoreThe Thailand SMART Visa is a long-term, employment-based visa introduced by the Thai government in 2018 to attract highly skilled professionals, investors, startups, and executives in targeted industries. Designed to complement Thailand’s push toward a technology- and innovation-driven economy, the SMART Visa program offers extended stay privileges, work authorization without a traditional work permit, and…
Read MoreLitigation in Thailand. Thailand’s legal system is a civil law jurisdiction influenced by traditional Thai principles, European civil codes (particularly the German and French systems), and common law elements in certain areas. Litigation in Thailand involves navigating a structured yet sometimes slow-moving judicial process, with distinct procedural rules governing civil, criminal, and administrative disputes. This…
Read MoreIn Thailand, a prenuptial agreement (commonly referred to as a “prenup”) is a legal contract that couples enter before marriage. It serves to outline how assets, debts, and other financial matters will be divided if the marriage ends in divorce, separation, or death. Prenuptial agreements are not mandatory under Thai law but can offer significant…
Read MoreIntellectual Property (IP) protection is a critical aspect of business and innovation in Thailand. As a member of the World Intellectual Property Organization (WIPO) and a signatory to international treaties such as the TRIPS Agreement (Trade-Related Aspects of Intellectual Property Rights), Thailand has developed a comprehensive legal framework for patents, trademarks, copyrights, and trade secrets….
Read MoreThe process of property title transfer in Thailand is crucial for a variety of legal, financial, and practical reasons. Whether you’re a local or a foreigner looking to invest in real estate, understanding the importance of this process can help ensure a smooth and legally sound transaction. This article delves into why property title transfer…
Read MoreIn any business or personal transaction, contracts play a crucial role in defining the rights, responsibilities, and obligations of all parties involved. Contracts are binding documents, and in Thailand, like in many other jurisdictions, ensuring the validity and fairness of these contracts is critical. A contract review process involves analyzing the agreement’s terms to ensure…
Read MoreDue diligence is a critical process for individuals and businesses looking to invest, acquire, or partner with companies in Thailand. Given Thailand’s unique legal and business environment, conducting thorough due diligence helps mitigate risks and ensures compliance with local regulations. Due diligence is broadly categorized into various types based on the aspects of a business…
Read MoreIf you want to buy property in Thailand, you should hire a lawyer to help you navigate the legal complexities. They can also help you find a property that meets your needs and budget. When buying property in Thailand, it’s common practice to pay a reservation fee. This is typically non-refundable unless there are specific…
Read MoreThe law stipulates that a claimant may bring a civil case before the court where the cause of action arises or where the defendant lives. It is also possible for claims to be appealed on points of law to the Supreme Court. It is important to understand how Thai courts operate when doing business in…
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