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Director of ETP HOLDINGS CO., LTD. and Bright Partner Mr. Chaim Eliezer Ashkenazi holding a Thai citizenship and a residence of Thailand since 2000. Mr. Chaim develop and own a number of commercial buildings around Thailand.
Bright Partner Mr. Prasong Meepeuch and company Director of FORCE CONSTRUCTION LIMITED PARTNERSHIP founded in 1999. Mr. Prasong is a civil engineer with over 20 years of construction experience in Phuket
Mr. Prasert Tunprasert Architect and Registered Building Inspector. Khun Prasert studied Bachelor of Architecture in national university, Philippines And Master of Architecture in Oklahoma State University, United States. Worked and lived in the U.S. from 1974 to 1988 returning to Thailand in 1988. He founded May 37.
Foreigners can own a condominium Freehold in their own name. Condominium ownership is best explained by looking at an example of a project that has 100 units for sale.
In this example, 49 of the total units in this building (or 49% of the total salable area) can be owned outright by non-thai nationals in their name. The ownership titles of these 49 units is referred to as Freehold or Foreign Quota.
This leaves 51 units remaining in the building (or 51% of the total salable). The freehold rights to these units are reserved for Thai nationals in what is commonly referred to as the Thai quota.
After you have found the right property at Bright Phuket you have to follow these steps:
Installment Milestone Payment Reservation Deposit Immediately £3,450 1st Installment On Signing Contract After Reservation 15 days 35% 2nd Installment After 1st Payment (Approx. 4m) 25% 3rd Installment After 2nd Payment (Approx. 4m) 25% 4th Installment After 3rd Payment, Construction Completed&Transfer Ownership (Approx. 4m) 15%
Thailand has different visas like Spousal Visa, Retirement Visa, Student Visa and Elite Visa - just to name a few options. Each visa has different requirements but they are usually easy to obtain.