Articles about Phuket property and lifestyle

When buying a condo in Phuket, you face a choice: Freehold or Leasehold type of ownership? Let's take a look at what each of them means. In each project, no more than 49% is owned by foreigners. These percentages are referred to as the Foreign Freehold Quota. The remaining 51% is owned by Thai citizens. Do Thai citizens want to buy real estate in such quantities? It is a big question. It is unprofitable for developers to miss the chance to sell 51% of their real estate. The law prohibits selling it to foreigners in full possession, but it can be rented out. Leasehold is the right of long-term rent.

Rawai area was always popular for long-term residents as the area to stay and enjoy their lives at the tropical dreamy island, Phuket. It is far from the airport. Far from the famous Bang Tao. It is lined up with bars and the beach is parked with long tail boats and speedboats. Every evening you can see expats joining locals in the bars, and in the morning you can see flocks of tourists getting on boats and heading to the neighboring islands. But Rawai is more than that, Rawai can be a chilled and quiet place to live happily with children and family. It depends on where you stay and where you look.

Finding a school in Phuket for your child is not an easy task. The best thing you can do is to visit all schools within your budget to: See them with your own eyes: how do common areas, classes, and sport grounds look like? Get to know the administration: is it easy for you to get along with them? Feel the atmosphere of the place: will it be suitable for your child? The luckiest would be visiting a school during a school day to see how children behave, how they are talking to each other, the manners of teachers and so on. Below you will see a description of several most popular schools in Phuket.

There is a special term Foreign Quota that basically means that foreigners can have up to 49% in each condominium building, not more.

There are two options: you can choose and buy property remotely, or on the spot, being in Phuket. We will consider both options, because only some details differ slightly.

If we look at their official costs: 2,000 baht, 50,000 baht, and a minimum of 600,000 baht per person, the choice seems obvious. But all visas have conditions that will require additional costs to comply.

Elite Visa is the only type of Thai visa for which you will not need: go through bureaucratic procedures collect documents, show the status of bank accounts, enter Thailand or, conversely, leave it. This is the easiest Thailand visa to get and you will have to pay for this privilege.

The investment visa is the only type of visa associated with large financial investments, which allows you to further apply for a residence permit and citizenship in Thailand. To apply for an Investment visa you will need to: possess a Non-B visa in the passport, transfer over 10 million baht to the account in Thailand, invest 10 mln baht in the country.