All International Property

Easy steps to buy property in Panama

admin — Tue, 24 Jun 2008 13:56:05 +0000

I’m interested in any country allowing all non-residents to buy a property in this country, that’s why I want to talk about Panama real estate. I found that it is rather easy to buy a property in Panama and even get the resident visa or passport there.
So any foreigner can own a property like any local person do, but not less than 10 miles away from the borders of Costa-Rica and Columbia (the locals can own such property).
You should transfer USD 200K to the local bank account, then you have the right to buy a property in Panama and get the residence there. You can either spend all the money for real estate or you can leave the part in the bank. The main thing is to transfer 200 grands in the country.
Actually, Panama city is rather beautiful, with skyscrapers and amazing seaviews.

Foreign ownership in Philippines

admin — Sun, 22 Jun 2008 17:02:58 +0000

According to this link, foreigners can’t own a property in Philippines for 100%, either you should have a local partner there, or a philippina wife as well. That’s not good for those families who want to buy a property in Philippines and move overthere.
But this site says that foreigners can own a condominium in Philippines, if total percent of the foreign owned condos is less than 40% (like they have it in Thailand). I’m rather interested in buying a small condo somewhere in Manila, I’ll write more information about this soon.

How to buy property in Thailand

admin — Sun, 22 Jun 2008 11:07:30 +0000

Let’s talk about Thailand real estate.
Foreigners can buy and own a property in Thailand with some restrictions.
You can buy a condo in your own name, but you can’t do the same with land.

Foreigners can’t own the land in Thailand, so for those who wants to have a house, there are some ways to do it. First, you can arrange the private limited company with foreign share of 49% and 51% of thai’s share. Also, you can rent the land for 30+30+30 years, and you will own everything that is on this land.

The most easiest way to have property in Thailand is to buy a condominium unit in a freehold. Condominiums in Thailand usually have everything you need like swimming pools, health clubs, security and some more nice amenities. The foreigner can own a condo if the foreign share in the condominium is less than 49%. Otherwise, the condo’s management doesn’t sell it to you.

The first steps in buying property in Thailand is to open a local bank account. Still it is possible to do it even with a tourist visa or entrance stamp. You can check Bangkok Bank, Siam Commercial Bank and Kasikorn Bank.

You’ll need to transfer money to your bank account from abroad and the bank get you the paper that your money were legally transfered in order to buy a property. Then you’re almost done! The registration of the property doesn’t take too much time - usually 3-5 days and you’ll get a “chanot”, the property deed paper with your name in thai printed there. So now you are the happy owner of the property in one of the most exciting country in the world with warm climate, friendly people and beautiful sea.

First post

admin — Sun, 22 Jun 2008 10:30:32 +0000

Hello.
This is the first post here, so I’ll start with it.
Making this site I want to give you all information about different properties all over the world. Find the owning rules, pictures and location of your next dream home.