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4-Bedroom Tropical Contemporary Style House in Baan Wang Tan. A house is for sale and rent in Chiang Mai, with a potential location in Wang Tan Village, San Phak Wan Subdistrict, Hang Dong District, Chiang Mai Province. The atmosphere is shady and quiet, surrounded by various types of trees. The house is designed with a tropical contemporary design and constructed with quality materials, including interlocking bricks for enhanced heat insulation, making the air inside cool and comfortable. It is decorated with genuine teak furniture and offers full facilities. Additionally, it is conveniently located near Big C, Macro, and Mae Hia Market.
Foreign nationals can own the building (house) in their own name, but not the land that it stands on.
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.
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 Baan Wang Tan 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.