Why Mexican pick Surat Thani
Koh Samui/Phangan — villa & resort plays, typically via long lease plus Thai company structures.
Main Mexican segments we see here: long-term investors · retirees · digital nomads · expanding business owners.
Typical holding structures in this province: 30+30+30 long-lease plus usufruct overlay.
Legal & ownership structure for Mexican
Mexican have no special land-treaty; the standard Thai framework applies.
Condos: foreigners may collectively own up to 49% of the saleable area — some buildings in Surat Thani are already full; we verify before any deposit.
Land: no direct foreign ownership. Options are 30+30+30 long lease, usufruct, superficies, or a Thai Limited Company (49% foreign + 51% bona-fide Thai).
Visa & tax in the Surat Thani context
Recommended visas for Mexican settling in Surat Thani: DTV · Marriage (O) · Retirement (O-A).
Transfer fees & taxes at the Surat Thani Land Office: 2% transfer fee · 0.5% stamp duty · 3.3% Specific Business Tax (if held <5 years) · withholding income tax.
Wiring funds from Mexico: MXN → USD → THB; Banamex/BBVA correspondent via Citibank; Mexico-Thailand DTT 2012 in force — an FET form is required before registration of ownership.
NYC Legal's service in Surat Thani
End-to-end due diligence · title/zoning/EIA checks · bilingual contracts (Spanish/Thai) · Notarial Services Attorney · Land Office liaison · tax filings.
Fees depend on structure — from quoted on request for personal-name condos and quoted on request + for Thai company structures.
We travel to Surat Thani to close in person, or handle it remotely via Power of Attorney + online notary.
FAQ
Can Mexican buy a condo in Surat Thani?
Yes, within the 49% Foreign Quota of the building. Funds must be wired from abroad with an FET form.
Can Mexican own land in Surat Thani?
Not in personal name. Use 30+30+30 long lease, usufruct, superficies, or a properly structured Thai-majority company.
Do I need a visa first?
Not for a condo purchase, but DTV is recommended for Tax ID, local bank account and tax filings.
Can I sign remotely?
Yes — Power of Attorney plus online notary. NYC Legal acts as your attorney through the closing.
What does it cost?
quoted on request for standard condo deals including Foreign Quota checks and Land Office filing in Surat Thani.