Haris & Associates Phuket Thailand Legal Blog

Your Reliable Source Of Legal Information in Thailand

Why Legal Consultants are Needed in Thailand?

Every expatriate who units his or her eye on the state of Thailand would find it to their gain to hold the services of a criminal consultant. you can consider this advisor as your reliable companion in some thing enterprise you propose to adopt within the country. In truth, each…

Things to check when starting a business in Phuket

Starting a business in foreign lands is an incredibly thrilling challenge. The landscape in another country is different from what you have at home. The expenses of dwelling are lower as well specifically in Southeast Asia, and particularly in Thailand. It’s almost an entire new world available for you as…

What Does a Company Need to Register When Incorporating?

There may be a legal procedure to be determined when registering a new corporation, whether or not in Thailand or any country in the world in general. There may be some minor variations inside the laws that govern business registrations from one country to another, however the common procedure remains…

Thailand to launch $2.8 bln infrastructure fund in Q1 -official

Thailand plans to launch a 100-billion baht ($2.8 billion)infrastructure fund in the first quarter of 2017, a senior government official said on Thursday, as the military government seeks to finance investment projects to boost a weak economy. Initially, the “Thailand Future Fund” will sell units worth 30 billion baht to…

Thailand Finance to propose more stimulus packages to boost economy

The Finance Ministry is to propose more economic stimulus packages to the Cabinet for approval tomorrow to boost economy. Under the stimulus packages, the ministry expects over a million people will be benefited. Somchai Sujjapongse, the permanent secretary for Finance, said that the ministry would submit more stimulus measures to…

Thailand’s most expensive villas to be built in Phuket

Phuket-based property firm Kamala Beach Resort & Hotel Management Co, a joint venture with investors from Thailand, Hong Kong and Singapore, is building the most expensive villa project in Thailand. Valued at 700 million baht, the Phuket development will be launched next month. Richard Yue, chief executive and chief investment…

GDP growth this year at 3.2-3.3%

Commercial banks are confident of 3.2-3.3% growth this year Economic growth this year will stay around 3.2-3.3%, state and commercial  bank executives said. Kasikorn bank president Kattiya Indaravijaya said overall projection for the economy in 2017 shows signs of experiencing similar levels of growth as 2016. Hence, the 3.3% growth…

Thai Government Approves 10-Year Visas for Foreigners Over 50

BANGKOK — Affluent foreign residents over 50 will soon be able to apply for 10-year visas, a government spokesman said Tuesday. Intended to promote Thailand as a hub for medical services, the policy was approved by the interim cabinet on Tuesday, according to spokesman Athisit Chainuwat. It would replace one-year…

Thai Cabinet waives visa fee for tourists from 19 countries

In order to promote tourism during the tourism high season, the cabinet agreed on Tuesday to waive visa fees for tourists from 19 countries as of December 1 until February 28. Tourists from 19 countries which include Andora, Bulgaria, Bhutan, China, Cyprus, Ethiopia, India, Kazakhstan, Latvia, Lithuania, Maldives, Malta, Mauritius,…

Asia Pacific Millennials and the Future of Real Estate

While two out of three Asia Pacific millennials living on their own are renting a property, the survey found that many in fact aspire to own their own home Millennials comprise 25% of the workforce in Asia Pacific, represent the fastest growing source of spending power regionally and serve as…

Russians rolling back to Phuket

PHUKET: A resurgence in the number of Russian tourists coming to Phuket has piqued hopes for a Russian revival pumping much-needed life-blood back into Phuket’s critical tourism industry.   Fueling the interest in the revitalised tourist source market are more than six consecutive months of over 20 per cent growth…

Thailand Holds Key Rate as Economic Recovery Gains Momentum

Thailand’s central bank kept its benchmark interest rate unchanged for an 11th consecutive meeting, the longest streak on record, as an economic recovery continues to gain momentum. The Bank of Thailand held its one-day bond repurchase rate at 1.5 percent, with monetary policy committee members voting unanimously in favor, it…

Land, buildings tax arrives

The long-awaited land and buildings tax that won cabinet approval yesterday is expected to generate more than 64 billion baht for government coffers when it takes effect next year. According to Finance Minister Apisak Tantivorawong, 60 billion baht is to come from commercial buildings, 4 billion from residences and 50…

Thai GDP bounces 3.2% in Q1, above expectations

Thailand’s GDP growth hit a three-year high of 3.2% in the first quarter, thanks to government stimulus measures and rapid improvement in the tourism sector, says the country’s economic think tank. Citing the aggressive deployment of stimulus measures by the government since last September, the National Economic and Social Development…

Shopping for a Condominium: Foreign Freehold Possession

  The simplest and most safe means for a foreign investor to buy actual property property in Thailand is to buy a condominium unit freehold as a result of the minimal legal requirements which  you can see below. Requirements To be able to be eligible to buy a condominium freehold…

Ripe for the picking – Phuket Real Estate

While there actually isn’t blood within the streets right here in Phuket the property market stays gradual with a consensus to attend on the facet strains. A faltering international economic system, the weak point of the European currencies, politics, have all contributed to the softness of the market right here….

Thai Condominium Prices show 60 percent increase since 2009

Apichart Chutrakul succeeded in transforming a small family construction business into one of the biggest developers in Thailand. He believes property is still cheap in Thailand, despite a 60% price jump since 2009. Sansiri Plc, Thailand’s second-largest property developer by sales, plans to attract Japanese investors to its projects in…

First Quarter 2016 Shows Thailand tourist arrivals jump 15%

Thailand’s Ministry of Tourism and Sports’ data showed the country attracted 9,038,893 international visits during the first three months of this year compared to 7,829,153 visits during the same period last year. A 15% increase fueled by Chinese arrivals. Once again Thailand’s tourist industry gets a boost from China with a…

Brace for surge in Chinese interest in Phuket property

PHUKET: The CEO of China’s largest international property website has predicted huge growth in the interest in Phuket property from Chinese buyers. “The past 12 months have seen strong growth in Chinese interest in Phuket, which they have really only discovered in big numbers during the last couple of years,”…

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