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The Siam Oriental Trading Co., Ltd. was founded in 2004 by Juha Timonen. The first building, Siam Oriental Condominium, was completed in 2007. Today Siam Oriental has completed three more projects; Twins, Garden, and Elegance. By the end of the year 2014 two new buildings - Garden 2 and Elegance 2 - will be completed. Furthermore the construction of the Tropical Garden and Garden 3 is currently ongoing as well as pre-marketing of Plaza and Green Cascade.
During the past 10 years Siam Oriental has become a famous mid-size developer in Pattaya, Thailand. Today Siam Oriental has 6 ready projects (low-rise high-quality condominiums, 2 projects under construction and 1 project in pre-marketing phase. All our projects are located in beautiful Pratamnak Hill, in an ideal location just between the centers of Pattaya and Jomtien.
Foreigners can own a condominium Freehold in their own name. Condominium ownership is best explained by looking at an example of a project that has 100 units for sale.
In this example, 49 of the total units in this building (or 49% of the total salable area) can be owned outright by non-thai nationals in their name. The ownership titles of these 49 units is referred to as Freehold or Foreign Quota.
This leaves 51 units remaining in the building (or 51% of the total salable). The freehold rights to these units are reserved for Thai nationals in what is commonly referred to as the Thai quota.
After you have found the right property at Siam Oriental Twins you have to follow these steps:
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.