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Every foreigner can theoretically obtain citizenship in Thailand, but in practice it is very difficult. Most importantly, you probably do not need it.

Phuket is one of the most popular resorts in Thailand, but recently, another southern province Krabi is becoming liked by a lot of foreigners. In that regard, many tourists who want to relax comfortably and inexpensively, ask the question “Where is it better to go to Phuket or Krabi?”

Currently, many people both have appreciated all the charm of having holidays in this exotic place and become interested in the possibility of purchasing real estate in Phuket. Plenty of foreigners buy property in Phuket to live there all year round; others realize that it is also a great chance to earn money: so they rent their properties out. 

Phuket becomes exclusive and grows every year. Many changes and improvements had been made since the first foreigner stepped on Phuket land. Today Phuket is a popular resort of Southeast Asia.

Nowadays Phuket Real Estate agencies presents us with an embarrassment of riches, often it may be difficult for many foreigners to find which property is best suitable for their personal needs and budget. Nevertheless, it’s better having many various options than having nothing. At least when it concerns Phuket property for sale.

Thailand taxation Buying real estate in a foreign country is an important and serious step that should be considered with all due care. Foreigners often choose Thailand as a country with stable economy, perfect investment climate and, most important, comfortable taxation conditions. Most often foreigners buy apartments, houses and land plots for construction purposes.

Under Thai law and as long as certain conditions are met foreigners are allowed to purchase and own condominiums in Thailand. This law is subject to the Condominium Act, which states that two legal conditions must be met.