India Desk · Phuket, Thailand
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%
Median price per sqm on our list
73 m²
Average Indian-buyer unit (2× rest of foreign market)
4.5 hrs
Mumbai → Phuket direct (IndiGo, Thai AirAsia, Vietjet)
Different residency, different paperwork. We handle both.
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 →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 →Six focused walkthroughs covering legal, tax, transfer, lifestyle, and an interactive DTAA calculator.
Step-by-step pathway from search to keys. India Desk consultation, Hindi-speaking advisors, FEMA documentation.
Read →For NRIs in Singapore, Dubai, US, UK. RNOR/ROR status, DTAA tax credits, LRS pooling for couples.
Read →FEMA Section 6, LRS schedule, Form A2 (purpose code S0023), AD banks, TCS mechanism.
Read →Real ₹2 Cr remittance walkthrough. HDFC vs ICICI vs Axis. Day-1 to Day-14 timeline.
Read →Temples, vegetarian/Jain restaurants, Indian schools, Indian doctors, Diwali community events.
Read →Interactive: enter Phuket monthly rent, get Thai WHT + India tax + DTAA credit + net liability. With ROR/RNOR/NRI cases.
Read →Direct-flight times, local price comparisons, and Phuket area pitches tailored to your city.
हिंदी में · Hindi version
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 23 August 2026
How much can your family legally remit this financial year for a Phuket purchase?
Indicative only. Rates as of 23/08/2026: 1 USD = ₹96 = THB33. 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.
Long-form authoritative coverage, read before you transfer.
The complete pillar guide. ₹1.3 Cr+ entry, 7-step purchase plan, 5 most expensive mistakes.
RBI Liberalised Remittance Scheme detailed: $250K limit, Form A2, TCS 20%, AD bank selection.
NRI vs RNOR vs ROR, DTAA Article 6 & 13, ITR-2 Schedule FA, CRS reporting from September 2024.
The ₹2 Cr decision: yields, taxes, lifestyle, exit liquidity. Three real Indian-buyer scenarios.
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 |
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 →13 Jul 2026
Since REIC's THB 6.9M average Indian buyer ticket, Bang Tao, Laguna, and Surin developers rebalance H2 2026 launches toward family-sized condos.
15 Jun 2026
Thailand ends visa-free entry for Indian tourists, switching to a visa-on-arrival scheme. MORE Group editorial guide for foreign buyers.
9 May 2026
Indian buyers led Q1 2026 Thai condo market with THB 6.9M per unit, nearly double Chinese tickets. What this means for Phuket developer pricing.
500+
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
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 ≈ ₹96.
Branded resort condos in Bang Tao, Laguna, and Cherng Talay sit at a 161,000 THB per sqm median on our price list, and what they yield is not published by anyone, three to four times higher than prime Mumbai/Delhi/Bangalore residential yields of 2-3%. The 30% management fee, the building service charge and Thai withholding tax all come off before anything reaches you; what is left is not a figure any Thai register publishes.
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.
Tell us your budget and city, our India Desk responds within 2 hours, often in Hindi.
