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The land is owned by a Thai Company & inside a managed project situated in the Yamu & Pak Chit area on the eastern slopes of Phuket Island 4.5 km (2 miles) northeast of the famous Heroines Monument (which is North of Tesco Lotus & the boat lagoon) on Road# 4027 toward Yamu just 1/2 (.5) km past the Baan Yamu sign on the left side. The development is only .3 Km North of the Cape Yamu intersection on the left side of the road. An owner's committee controls the project. There are yearly maintenance fees for security & to keep the project The main roads from Yamu Hills to this location are Highways 4027 and 402, both of which are fairly straight roads that are easy to drive & now four lanes wide Approximate traveling times from Yamu Hills to the various main locations are: Big C, Tesco-Lotus, Central Shopping Center ~ 15 minutes Phuket International Airport ~ 20 minutes International College ~ 10 minutes Phuket Town ~ 15 minutes Boat Lagoon ~ 10 minutes Patong Beach~ 25 minutes Bang Sai Beach ~ 8 minutes Golf Course & Local Outdoor Markets 5 minutes
Foreign nationals cannot own land in Thailand. The options in which a foreigner can control the land are via a 30-year lease or by purchasing the land through a Thai company.
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 Yamu Hills 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.
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