A building permit does NOT = ownership in Thailand
Think the name on a building permit determines who owns a building in Thailand? It doesn’t. Here’s what the law actually says about how ownership is established.
A Thai government official’s opinion about the law does NOT mean that it is legally correct
In Thailand government officials are generally considered much more authoritative than in western countries. Thai culture also considers non‐conflict to be a virtue of particularly high regard.
Your off‐shore entity’s rental income tax
Owning Thai real estate through a BVI or other offshore company may help with capital gains on a sale — but does it actually shield rental income from Thai tax? A look at when an offshore landlord is deemed to be “carrying on business in Thailand,” and who ends up liable for filing and paying the tax.