FAQ : Frequency Asked Questions  
         
   

Q:  How foreign can buy Touch Hill Place Condominium – Chiangmai, in Thailand ?
A:  Foreign Ownership of Condominium Property:
      
Touch Hill Place Project is being developed under the Condominium Development Act in accordance with the laws of the Kingdom of       Thailand.
      We offer a freehold ownership structure to Thai 51% and foreign 49% buyers.

Q:  How about the Sales Process?
A:  Pre-Completion Payment: 30% down payment
      Balance on Transfer: 70%

Q:  How about the Payment Procedure?
A:  Foreigner are required to remit at least USD 20,000.- into Thailand per transaction transfer to get a FOREX Transfer Form. However,      the foreign buyer have to keep these forms to declare the Land Dept on the date of ownership transfer.

Q:  Any other Expenses?
A:  Ownership Transfer Fee: Shall be equally borne by the Buyer and the Seller
      Juristic Fees: 30 Baht.per Sq.m. per month payable 2 years in advance
      Sink Fund: 400 Bht per Sq.m. (one time charge)

   
         

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