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Superficies in Thailand

Superficies is one of the strategies used by expats in Thailand since owning land in Thailand is not possible with millions in investment and permission from the Minister of the Interior for owning 1 Rai of land. Superficies allows you to build on land which you do not own. Many times foreigners will place the land in the name of the wife or child and then build a house on it in their own name after registering a superficies over the property.

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Title Deeds in Thailand

There are a number of Thai title deeds in Thailand and they have limitation except for the Chanote title deed. Note however that there are limitations on certain Chanote’s being the ones which the government gave to landless Thai nationals. These Chanote title deeds are normally limited to 10 years being that the land cannot be sold for a period of 10 years since they received it from the company.

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Usufruct in Phuket

The usufruct is a right over a property to use and benefits from its ‘fruits’. Most foreigners in Thailand opt for a usufruct over a property as a safety net during a divorce. The usufruct can either be used to negotiate a better divorce settlement or provide you with a roof over your head until you die. Usufructs are usually registered for a period of 30 years or for the lifetime of the usufruct holder.

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