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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 Promt Business Home 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.
Promt Business Home is conveniently located just 130 m from 7-Eleven Branch, Photharam Road (Chiang Mai) (08962), which can be reached within 2 mins. by foot.
There are many other shops situated in the area of Promt Business Home, the 3 closest being:
- Wreath of Wat Chet Yot, lock 31 is 890 m away (about 11 mins. by foot)
- Barber shop is 910 m away (about 11 mins. by foot)
- G Bag Spa & Brandname is 1.0 km away (an approx. drive of 3 mins.)
The surrounding area, where Promt Business Home is situated, offers a wide variety of restaurants. See the closest of them below:
- AM.PM CAFE BAR & BISTRO is 30 m away (a walk of about 1 min.)
- I F C GRACEFULL is 80 m away (a walk of about 1 min.)
- Madamna Kitchen is 40 m away (a walk of about 1 min.)
Chiang Mai IVF Polyclinic (Chiang Mai I.V.F. Saha Clinic) is the nearest health facility, which is 280 m away (you can walk there in 3 mins.) from the project, while the closest schools in the proximity of Promt Business Home are:
- Torch Coffee Lab Thailand is 60 m away (about 1 min. by foot)
- Narada Music Class is 100 m away (about 1 min. by foot)
- K.Tot (1993) Co., Ltd., Keen School Chiang Mai Tutoring School is 580 m away (about 7 mins. by foot)
Chiang Mai International Airport is located 5.5 km from Promt Business Home and it takes about 13 mins. by car or taxi (depending on the traffic) to get there.