India Desk · Phuket, Thailand

Phuket property for Indian buyers — ₹1.3 Cr+, 8–12% yields, 4.5 hrs from Mumbai

Direct flights from Mumbai, Delhi, Bangalore, Chennai, and Kolkata land in Phuket in 4.5–5.5 hours. Indian families now lead foreign buyers in average ticket size — THB 6.9 million per unit in Q1 2026 — picking 73 sqm 2BR condos for genuine residential use, not speculation. We handle the LRS transfer, FEMA paperwork, due diligence, and Land Office handover end-to-end. 0% buyer commission.

$250K

LRS limit / individual / FY (couples pool $500K)

8–12%

Gross rental yield vs 2–3% in Mumbai/Delhi

73 m²

Average Indian-buyer unit (2× rest of foreign market)

4.5 hrs

Mumbai → Phuket direct (IndiGo, Thai AirAsia, Vietjet)

Where do you live?

Different residency, different paperwork. We handle both.

For NRIs

Living abroad — Singapore, Dubai, US, UK

Already own foreign assets. The path is Schedule FA in ITR-2, DTAA tax credits, and managing CRS reporting that started September 2024. Bigger tickets ($150K–$500K+) and faster decisions.

Read NRI Investment Guide →
For Indian Residents

Living in India — Mumbai, Delhi, Bangalore, Hyderabad

First overseas purchase. The path is LRS through HDFC/ICICI/Axis ($250K/year limit), Form A2 (purpose code S0023), TCS 20% mechanism. We pre-fill all bank documents.

Read Buy-from-India Walkthrough →

Quick paths for Indian buyers

Six focused walkthroughs covering legal, tax, transfer, lifestyle, and an interactive DTAA calculator.

By Indian source city

Direct-flight times, local price comparisons, and Phuket area pitches tailored to your city.

हिंदी में · Hindi version

हिंदी में पढ़ें

Phuket प्रॉपर्टी निवेश की मूल जानकारी हिंदी में — Mumbai/Delhi/Bangalore HNI के लिए English में पूरा coverage है, लेकिन tier-2 cities (Jaipur, Lucknow, Indore, Surat) के entrepreneurs के लिए हमने 3 short-form Hindi pages बनाए हैं।

Interactive · Updated 9 May 2026

LRS pooling calculator

How much can your family legally remit this financial year for a Phuket purchase?

Maximum legal remittance / FY $500,000
In Indian Rupees ₹4.20 Cr
In Thai Baht ฿16.0 M
TCS to be paid (refundable in ITR-2) ₹84.0 L
Effective Phuket buying power 2BR + reserve fund

Indicative only. Rates as of 09/05/2026: 1 USD = ₹84 = ฿32. TCS is fully refundable when filed against your Indian tax liability in ITR-2 (Section 206C(1G) CR). Always confirm current rates with your AD bank before initiating remittance. Read the full LRS guide.

Phuket vs Goa vs Dubai for Indian HNI

Headline numbers — full breakdown in the long-form comparison.

Metric Phuket Dubai Goa
Gross rental yield 8–12% 4–6% 3–5%
Entry price (1BR) ₹1.3–1.8 Cr ₹1.8–2.5 Cr ₹1.5–2.2 Cr
Foreign freehold (condo) Yes (49% quota) Yes (designated zones) No (NRI only, no foreigners)
Annual property tax 0.02–0.10% 0% (5% Dubai Land Dept fee on transfer) 0.5–1.0%
Capital gains on sale 0% Thai income tax + DTAA credit 0% 20% LTCG (with indexation)
Distance from Mumbai 4.5 hrs direct 3 hrs direct 1 hr direct

Indian community in Phuket

You are not the first Indian family to land here. Phuket has Hindu and Sikh worship spaces, an established cluster of Indian restaurants in Patong serving vegetarian and Jain menus, Indian-trained doctors at Bangkok Hospital Phuket, and international schools (BISP, HeadStart, BCIS, UWC Thailand) where Indian families form a recognised community.

Explore Indian Community page →
  • 5,000+ Indian residents and long-stay visitors (Indian Association estimate)
  • Hindu temples: ISKCON Phuket Sri Sri Krishna Temple (Karon), Wat Choeng Thale (Cherng Talay)
  • Indian restaurants: Tantra, Baluchi, Navrang Mahal, Tandoori Flames, Maharaja (Patong); Curry Delight (Karon); Bollywood Phuket (Phuket Town)
  • Diwali celebrations annually at Laguna and Bang Tao

Latest India market news

Why MORE Group for Indian buyers

700+

closed transactions across 30+ nationalities

0%

buyer commission on every deal

EN · हिं

Hindi-speaking consultants on the India Desk

FEMA-ready

document templates pre-filled for AD-bank submission

CA network

Mumbai · Delhi · Bangalore for ITR-2 / Schedule FA

Phuket-based

on-the-ground team for every viewing and handover

Indian buyer FAQ

Yes. Indian residents can transfer up to $250,000 USD per individual per financial year under the RBI Liberalised Remittance Scheme (LRS) to purchase overseas property, including Thai condominiums under the 49% foreign quota. A married couple can pool $500,000/year. The transfer must go through an authorised dealer (AD) bank with Form A2 specifying purpose code S0023.

Entry-level 1BR condos in Bang Tao or Laguna start at ₹1.3–1.8 Cr (~$155K–$215K). Family-friendly 2BR units run ₹2.2–3.5 Cr (~$265K–$420K). 3BR pool villas in Cherng Talay start at ₹4 Cr (~$480K). Current rate: 1 USD ≈ ₹84.

Branded resort condos in Bang Tao, Laguna, and Cherng Talay deliver 8–12% gross annual yield, three to four times higher than prime Mumbai/Delhi/Bangalore residential yields of 2–3%. Net yield after the 30% management fee, building service charge, and Thai withholding tax usually lands at 5–7%.

No, thanks to the India–Thailand DTAA (1986 treaty, revised by the 2015 Protocol). Thai withholding tax (5% on rental income for foreign owners) is creditable against your Indian tax liability under DTAA Article 23. NRIs declare overseas property in Schedule FA of ITR-2; residents (ROR) declare worldwide income.

Typical timeline: 2–3 weeks for shortlist + virtual tours, 1–2 weeks for due diligence and reservation deposit, 4–8 weeks for the LRS transfer through your AD bank, 1 week for the Land Office handover with FET certificate. Total 8–14 weeks from first call to keys for a completed condo.

Yes. We work with Indian buyers across all major source cities (Mumbai, Delhi NCR, Bangalore, Hyderabad, Chennai, Pune) plus NRI hubs (Singapore, Dubai, London). Hindi-speaking consultants on call, FEMA/LRS document templates, CA referrals in tier-1 Indian cities, and 0% buyer commission on every transaction.

Get your Phuket shortlist for Indian buyers

Tell us your budget and city — our India Desk responds within 2 hours, often in Hindi.

💬 Hi! I'm Alex — ask me anything about Phuket property.