QUINTARA MHy’ZEN Phrom Phong（第二期）

• The agency fee for renting out properties is equivalent to one month's rent.
• Property tax is 0.02% (for example, a property worth 3 million Thai Baht is approximately 600 Thai Baht, and it is collected before July each year).
• Building management fees are usually paid by the homeowner, in a lump sum for one year.

• Both the buyer and seller can go to the developer together to complete the contract exchange procedures, or they can entrust New Vista International Real Estate to assist with the contract exchange procedures.
• Most developers in Thailand do not charge any contract renewal fees, so it's best to consult with the developer's contact person before reselling.
• If the transaction is completed through the New Vista, the seller will be charged a service fee, but the buyer will not be charged.

• Yes, resale is a strong point of New Vista. Many newcomers to the industry lack experience in resale transactions and are prone to oversights. Our company has assisted many clients with the transfer of ownership, with meticulous procedures and guaranteed secure transactions. New Vista is your trustworthy Thai real estate expert.

• Pre-handover inspection is available from New Vista, which offers a paid inspection service. The inspection fee is 4,500 baht for a one-bedroom unit, 5,500 baht for a two-bedroom unit, and additional fees are quoted for three-bedroom units and above.
• Once the property registration is completed, you will receive the original title deed, the Land Office registration form, and the blue household register.

• The POA Land Office transfer authorization letter must be signed by the applicant.
• Authorization for name change of water and electricity meter deposits must be signed in person.
• A photocopy of the purchaser's passport with their own signature.
• Married individuals must submit a Thai version of their marriage certificate (including whether the spouse is disclosed).
• Please provide the names of the registrant's parents.
• Recent three-month entry records into Thailand.
• Proof of overseas remittance to Thailand (FET) is required for 100% funds.
• With all the required documents prepared, the property registration can be completed in about 15 days.

• Thailand has allowed foreigners to purchase real estate in the country since 1990.
• Foreigners can purchase apartments in the building using their passports, under their own names.
• Foreigners may not own land or detached houses in Thailand on their own (except through a company).
• Foreigners may purchase no more than 49% of the total number of units in a building (Thai nationals must hold more than 51%).

• The property may be held jointly by up to five people (we recommend a maximum of two), all of whom must be at least 21 years of age to purchase and register the property.

• Gift Tax: There is no concept of a “gift” for foreigners; it applies only to Thai nationals. If a foreign couple jointly owns real estate and, upon divorce, one party transfers their share to the other—whether through a written agreement or a court order—the transfer must be processed as a sale, and a FET foreign exchange certificate is required.

There are only two ways for foreigners to transfer real estate:
1. Methods of Property Transfer
2. In the event of the holder’s death, through inheritance

• Inheritance Tax: If the heir is a parent or a lineal relative, a tax of 5–101 TP3T is levied on the portion of the estate valued at over 100 million baht. Heirs must file a tax return within 150 days; there is no age restriction for heirs.
• Handled by an attorney; fees are charged separately.

• It is very difficult for foreigners to obtain a loan locally. Currently, only UOB Bank and ICBC offer such loans. The property value must be at least 5 million baht, and the loan-to-value ratio is approximately 50 percent, with interest rates ranging from about 61 TP3T to 81 TP3T. Borrowers must provide proof of financial capacity equivalent to at least 2 million Thai baht. Debt-to-income ratios from Taiwan must not be too high, and a credit report from Taiwan is required. Loan conditions are very strict. For more details, please contact a sales representative.
• We recommend taking out a second mortgage using your Taiwanese real estate as collateral. Mortgage interest rates in Taiwan are approximately 21 TP3T; our sales representatives can assist you.

• Any resident of Taiwan who is at least 50 years old and retired, or any foreign national holding a permanent resident card for foreign nationals in Taiwan,
  To apply for a Non-Immigrant Visa “O-A” for multiple entries into Thailand for a stay of no more than one year”

  * Taiwanese ID card, passport, 2-inch passport-style photo
  * An English-language certificate of deposit and a statement of a demand deposit account covering at least three months, showing that the balance remained at no less than 800,000 Thai baht or the equivalent in foreign currency as of the day before the application date
  * Hospital Physical Examination Form (valid for three months)
  * Certificate of Entry and Exit Dates issued by the National Immigration Agency of Taiwan’s Ministry of the Interior (covering the one-year period prior to the date of application).
  * Taiwan Criminal Record Certificate (Certificate of Good Conduct) valid for three months
  * Purchase health insurance in Thailand that provides medical coverage with a maximum benefit of $100,000 and includes coverage for a confirmed diagnosis of COVID-19.
  * If you have all the required documents, you can apply in Taiwan. Please contact Xinlianjie International at 02-27716608 for more information.

  Note:
  1. It is prohibited to work in Thailand
  2. Applicants must not be listed as persons prohibited from entering the country.
  3. Visa fee: 5,600 yuan
  4. Applicants wishing to sponsor their spouse to live with them in Taiwan must submit both the original and a copy of their marriage certificate if the spouse does not meet the requirements for a “Non-O-A” visa (the spouse may apply for a “Non-O” visa).