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The company has since established itself as the largest and most established property developer in Phuket (Thailand), Bintan (Indonesia) and Lăng Cô (Vietnam). With over 1,200 properties, Laguna Property offers a wide range of residential and investment properties, condos, townhouses, villas, and residences. Laguna Resorts & Hotels PLC. listed on the Stock Exchange of Thailand in 1993 and has gained a strong reputation as a responsible developer whose interests combine hotels and real estate with an emphasis on quality and environmental protection, having received numerous environmental and tourism awards.
Laguna Property is the property development arm of Laguna Resorts & Hotels, a publicly listed company that traces its history back to the early 1980s, with the land acquisition and resort development of what is now Laguna Phuket, at the time Asia's first integrated resort complex.
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 Laguna Cove 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.