Transcript of the above video:

As the title of this video suggests, we are discussing Thai Condominiums. We are also discussing the 90-day report as well as the TM30. For those who are unaware, those who come to Thailand in Non-Immigrant status and wish to remain long-term have to report their address initially via a TM30, their address in Thailand. They also have to maintain 90-day reports which continue to tell Thai Immigration where they are living, so at a 90-day interval if you stay in Thailand for 89 days going to 90 days, you have to file a 90-day report and a TM 30 generally is filed when one first applies or shortly before one first applies for extension of status here in Thailand, basically in order to inform Thai Immigration of one's address.

Where do Thai condos factor in? Well one of the major benefits of having a Thai Condo and I can attest to this myself because when I was a foreign national here in Thailand and I was living here and I had a Thai Condo, it made things a lot easier when doing things like TM30 and 90-day reporting because the address never moved. I had a condo, I always knew what my address was and I just continuously used that address when making such reports. I know this sounds like kind of a straightforward or just kind of a 'duh' thing to say, but it's not and I think it is something that, folks when they look in on the Thai condo market I do understand there are some criticisms out there; there are a lot of condos; it's a buyer's market; sometimes it's hard to sell a condo, I have heard these things. Again, that is all kind of circumstantially dependent. One thing that is not looked at when folks look at coming to Thailand and buying a Condo oftentimes is the fact that it is possible to get what is called a Yellow Book via a Thai Condo. A Yellow Book is a house registration book which can be granted to foreigners in Thailand oftentimes when they own their own condominium. Again as we have discussed in other videos, although foreign nationals are prohibited from owning land in Thailand, it is possible under the Thai Condominium Act to gain Freehold title to a Thai Condo, to have what we might call in the American common law tradition sort of fee simple absolute, Freehold title, I know that is how the Australians refer to it, is Freehold title. But long story short is you have the title deed, it's in your name and then it's possible to get what is called a Yellow House book. That Yellow House book does not negate the need for TM30 or 90-day reporting but in my opinion it makes things a lot easier because you can just basically show that document and say, "hey, this is my address, this is what it is". I think that makes things far more streamlined when comparing to somebody who may be renting in Thailand and somewhat at the mercy of a landlord. Again, these are the kind of things to think about. I definitely think that 90-day reporting and TM30 as well as Yellow House books are things that are not thought of by most folks when they are looking to purchase a Condo here in the Kingdom of Thailand.