Legal Services & Resources 

Phuket Immigration has confirmed a one-year visa for those who purchase or rent property as per certain criteria, but as the scheme is still quite vague, the details must be looked into very carefully before making any decisions.

The war in the Middle East may result in migration to Thailand which would benefit the Condo market, especially with the one-year visa based on purchase or rental of property under certain criteria is being introduced.

Digitization is being introduced into many sectors on a worldwide basis and in many instances, no value is added and obstacles are also created, which leads to the question of whether Thailand actually needs digitization.

The issue regarding taxes in Thailand has caused some confusion with expats, but in the context of bringing funds in to purchase a condo, there is no income tax to be paid, but land tax transfer taxes are payable.

The banking system in Thailand is now making it very difficult for even a Thai national to open a bank account which seems to indicate that their substructure is falling apart much like in West countries.

Lack of proper regulations on Cannabis use in Thailand has resulted in wide use causing irritation to some people which could be avoided if licences were created for operating smoking places for enjoyment of Cannabis

The infrastructure in Thailand is expanding rapidly, especially in the transportation sector, whereby the Department of Airports will soon commence construction of a number of new airports.

It seems foreigners who wish to buy a Thai condo are now faced with an additional requirement regarding the actual source of funds used for the purchase which could in fact put would be buyers off completely.

Thai Authorities have recently announced another measure to combat cross-border scams whereby advertisers on social media platforms will now be required to use facial recognition in order to verify their identities.

The World Health Organization is again coming out with propaganda, this time pertaining to the Hantavirus, which in the '90s was actually stated as not being contagious and therefore may be a smokescreen for other issues.