The answer to the question ‘can a foreigner inherit land in Thailand’ is yes, as a statutory heir, but he cannot register ownership of the land because he will not be given permission. Under present law he must dispose of the land within a reasonable period (meaning up to 1 year) to a Thai national.
How much is inheritance tax in Thailand?
The inheritance tax rate is 10% except in the cases where the heirs are an ascendant or a descendant of the deceased testator, in which case the rate is 5%. A legacy received by the spouse of a deceased testator is exempt from the tax.
What happens when a foreigner dies in Thailand?
Any death of a foreign national or Thai citizen must be reported to the police within 24 hours. In the case of foreign nationals, the police will inform the appropriate Embassy and the next of kin or representative will be notified. The body will be sent to the Examining Magistrate’s office to determine cause of death.
Is there probate in Thailand?
In order to transfer property at the death of a person in Thailand, it is necessary to obtain a probate order from the Thailand Probate Court. … In both these cases, the property can only be transferred once the court approves and issues orders for the property to be transferred in Thailand.
Do you need a will in Thailand?
However, it is very common for people to die without making a will in Thailand. In situations where a person in Thailand dies without making a will, then the entire estate of the person will be divided among his legal heirs as laid down under the Thai inheritance statutory law.
Does Thailand have estate taxes?
The new tax is imposed on inheritances that are over 100 million baht (about US$2.8 million) in value. Lineal descendants and ascendants will have to pay 5% of what they inherit, while other heirs will be assessed 10%. (Id.) … (Don Sornumpol, Inheritance Tax in Thailand (Nov.
What is inheritance tax in UK?
The standard Inheritance Tax rate is 40%. It’s only charged on the part of your estate that’s above the threshold. Example Your estate is worth £500,000 and your tax-free threshold is £325,000. The Inheritance Tax charged will be 40% of £175,000 (£500,000 minus £325,000).
Can I be cremated in Thailand?
Cremation can take place once the Thai authorities are content that the cause of death has been established or no further examinations on the body need to take place. … If a local burial or cremation takes place, there will not be a coroner’s inquest carried out in the UK.
What happens if my Thai wife dies?
A foreigner being married to a Thai spouse shall be granted a Marriage visa provided that requirements are met. The visa would allow him to stay in Thailand for a year and visa renewals can be done inside Thailand. In case of Thai spousal death, a marriage visa can no longer be renewed under this circumstance.