Phuket is Thailand’s largest island. It is best known for its white powdery beaches and excellent diving sites but it also boasts of tropical forests and limestone cliffs.
It is not surprising the many Westerners have decided to make Thailand their home. What draws them in is not the urbanized lifestyle of Bangkok but the laid back lifestyle offered by places like Phuket.
Many foreigners are investing in Phuket real estate. The island province, especially its main town which also carries the name Phuket, has become a popular destination for tourists and western retirees.
Thailand has become a new home for many people from the west. They come to the Land of Smiles attracted by its famous pristine beaches, warm sunny climate, friendly people, and rich exotic culture.
There are different types of lease agreements that foreigners should carefully consider prior to leasing property in Thailand. More often than not, these contracts determine the payment responsibilities of the involved parties.
Due diligence refers to the act of conducting thorough investigation prior to signing a contract or acquiring something. Its main objectives are to examine and identify potential problems that may arise in the entire transaction.