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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 The Wisdom House 1 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.
The Wisdom House 1 is conveniently located just 430 m from Charoen Suk Phanich, which can be reached within 5 mins. by foot.
There are many other shops situated in the area of The Wisdom House 1, the 3 closest being:
- Golden Bee is 740 m away (about 9 mins. by foot)
- CM PLUS DIP is 2.1 km away (an approx. drive of 5 mins.)
- Khunpim jewelry is 3.3 km away (an approx. drive of 7 mins.)
The surrounding area, where The Wisdom House 1 is situated, offers a wide variety of restaurants. See the closest of them below:
- Jae Shrimp, Basil Leaves is 330 m away (a walk of about 4 mins.)
- SEPTEMBER brasserie is 790 m away (a walk of about 10 mins.)
- SIMPLE NOODLE SHOP is 610 m away (a walk of about 8 mins.)
Nong Faek Health is the nearest health facility, which is 950 m away (you can walk there in 12 mins.) from the project, while the closest schools in the proximity of The Wisdom House 1 are:
- Chiang Mai Intercare Nursing School is 910 m away (about 11 mins. by foot)
- Teacher Tan Music School is 980 m away (about 12 mins. by foot)
- Wat Weruwan School is 980 m away (about 12 mins. by foot)
Chiang Mai International Airport is located 19.6 km from The Wisdom House 1 and it takes about 27 mins. by car or taxi (depending on the traffic) to get there.