As much as you do not want to be thinking about your death, it is strongly recommended for foreigners in Thailand to draft a Thai Last Will and Testament for their assets in the Kingdom. The last thing that you want is to cause additional stress to your family during the period of mourning.
The Thai Baht is commonly traded in pairs with major world currencies including the USD, AUS, EUR, GBP and JPY. Since the introduction of the Thai baht, it has been issued as coins, paper money and plastic polymer money. Thailand’s local currency is printed under the authority of the Bank of Thailand, and the coins are made at the Royal Thai Mint, a subsidiary of the treasury department.
Under Thai Law, there are three reasons for a marriage to be terminated: Death, Divorce and Cancelled by Court. In Thailand, there are no differences between foreigners and Thais. Although it is a must for them to translate the documents which can be a bit complicated. To have a divorce in Thailand, your marriage should be based and recognized under Thai Law.
A lot of foreigners have been coming to Thailand and marry their Thai fiancées. For some, they wanted to do it overseas, but, mostly, marriages in Thailand have been their choice. For those planning to get married in Thailand, you should be aware about the difference between the two. Always check your prenuptial agreement as well as property rights in Thailand before getting married.
A Thai Prenuptial agreement or so called, pre-marital contract is a written agreement or contract concerning of the assets between a husband and a wife before entering marriage in Thailand. In general, this enlists all assets and properties of both parties, and it distinguishes the property rights each of them will have after the marriage. It would also outline how each wish to divide marital properties in the event of either death or divorce. This only pertains with the marital and personal property of the husband and wife.
If you are considering buying property or any real estate in Thailand then you would be best advised to speak to a property lawyer in Thailand. This is best to ensure that you will get what you pay for especially if you are buying off plan property which can be very risky. Below you will find articles on property law in Thailand and how best to navigate your property purchase in the Kingdom.
Retirement visa is a “Non-Immigrant OA-Long Stay Visa”. This is a type of visa which would allow a foreigner to stay for long term and retire in Thailand. The visa issued will be good for a year and can be renewed each year without the need of leaving the country. Initially, a 3 months Non Immigrant visa will be granted provided that requirements are met.