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.
Many foreigners prefer Koh Samui to Phuket. Samui has much of what Phuket offers however the property market is not a good as the Phuket property market. If you are looking at a large investment then Phuket has more to offer in terms of rental options for your property as well as a growing market price as land becomes less available for development. Samui is less expensive than Phuket however you need to understand their building codes before you buy any property.
Buying property is not everyone’s idea of retirement in Thailand or living in Thailand. Many expats opt to buy the property after having lived in the property for a few years. There is good reason for that. You might discover that twice a month they hold a disco outside the property or that the traffic on a Monday morning is not what you expected. If you bought then there is no way out and property leasing comes in as a solution.
When you are buying into a new development in Thailand the developer needs to be properly registered with the Thai government. As explained on this website about property problems, many times the developers take shortcuts to avoid all the paperwork which needs to be completed from the government for the property development to commence. It was also explained why this was important.
Considering buying property in Thailand also requires considering a due diligence in Thailand. Servitudes should be checked for when buying property in Thailand. This is registered against the title deed and normally brings down the value of the property, depending on the type of servitude. These servitudes usually affect 2-3 properties but in remote regions this could be even more.