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Archive for January, 2010

Thailand Real Estate Legal Information

Saturday, January 2nd, 2010

Exotic Thailand is Asia’s top destination and offers stunning Islands and beaches, vibrant cosmopolitan cities, beautiful mountains, dense forests and nature parks, a tropical climate and a magnificent culture with courteous and friendly people and world-class cuisine, making it a magnet for visitors, relocators and property investors alike.

Many of those coming to Thailand eventually decide to remain in the country as expatriates. When seeking to relocate to any country, the issue of home ownership becomes a paramount concern. Hopefully this piece will shed light upon some of the many facets of Thai Property Law.

Obtaining Real Estate or Property in Thailand: In order to stay in Thailand for the long term many people opt to buy Thai Real Estate. Owning a home in Thailand can be a bit of a risky enterprise since Thailand has many laws that preclude foreign ownership of land. However, there are some ways in which a non-Thai can own or control Thai property.

Thailand Condos: Condos in Thailand are a popular choice for many expats. Under Thai law a foreigner is allowed to own a Thai Condominium provided the Condo meets certain requirements laid out in the Thailand Condominium Act.

Thai Real Estate Lease: A long term lease of Thai Real Estate is another attractive option to many prospective foreign Property owners in Thailand. However, there is some misunderstanding regarding Thai leases. Many people believe that Thai leases are automatically renewable and they can last for over 30 years, this is simply not the case.

Thailand Usufruct: A usufruct of Thai property is another possibility. This is much like a life estate under the common law system in that a usufruct can grant a person the right to the use of land for life. There are many formalities that must be kept in mind when drafting a usufruct which is why it is advisable to have a lawyer prepare a usufruct.

Thai Company Formation for Property Ownership: Another method of “owning” property in Thailand is having a Thai company own the property and have a disproportionate number of voting shares allotted to the non-Thai property “owner,” this method allows a non-Thai to keep control of the property while still adhering to Thai law.

The legal system of Thailand is complex body of regulations and rules. As with any legal structure used to own real estate, it is wise and recommended that a competent lawyer draft all documents and conduct due diligence research in order to make sure ones interests are fully protected.

Knowing About Silver Jewelry From Thailand

Saturday, January 2nd, 2010

Thailand is blessed with enough natural resources to make their own jewels. It has a rich cultural heritage that has attracted academics from around the world while for performing its various traditions, one has to be extremely detailed oriented. Thailand is also known for its diverse range of jewelry and is a top draw among tourists visiting this country.

Silver jewelry is easily available in Thailand and is known for their versatility. Its charming beauty and rich luster makes them suitable for any type of wear. Not too long ago, it was gold that used to be the first choice among jewelry lovers. Its simple elegance and grace made it easy to match with apparel of almost any type while also ensuring an instant upgrade to make things just right for a formal evening. However, gold has an inherent problem – its high cost.

Apart from being more expensive, gold is also not as widely available as silver is. It is these reasons that have contributed to a steady rise in popularity of jewelry made from silver over gold and has shot silver into limelight that was once the exclusive preserve of the yellow metal. Jewelry made from silver is big business in Thailand, which is a major exporter of silver and gold jewelry that conforms to the strictest tests for quality and luster. Jewelry made in Thailand also scores high on practicality and would in fact, last a lifetime if taken proper care of.

About taking good care of jewelry made from silver, a solution called silver cleaner especially made for this can do a good job. This solution prevents tarnishing and peeling, all of which are the signs of improper usage. Silver may be more in abundance but it is also prone to get sullied much more easily than gold. Hence, silver jewelry calls for greater care than what is needed in case of gold.

As per legends, silver is always looked upon as the destroyer of bad spirits, as something that can fend off anything that is sinister and evil. Such an intuition has led many tribes as well as cultures who believe in such stuff to adopt silver as a means of protecting themselves and which they generally wear on their body. Legends might not always be true, but then there’s no harm trying.

Silver jewelry comes in a fascinating range of exquisite design that is just as fabulous as is the case with gold. So there’s not much to differentiate one from the other as far as design is concerned. Owning jewelry made of pure silver is also a nice investment option and will be worth quite something after some time if they continue to be as dazzling as new. Along with jewelry of other types, Thailand’s silver jewelry promises to make things all the more charming for its owner.

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