USA Desk · Phuket, Thailand
Phuket property for American buyers — USD deals, FET-ready, 0% commission
US citizens buy Phuket condos for winter warmth, rental income, and hard-asset diversification. Many projects quote in USD. The legal layer is Thai: freehold within the 49% quota, FET certificate at transfer, and US tax reporting at home. We coordinate due diligence, bank paperwork, and a verified project shortlist.
from $80K
Entry freehold condo (1BR, prime areas)
6–9%
Realistic net rental yield target
$50K+
Typical FET threshold per wire
0%
Buyer commission — always
Guides for American buyers
Phuket Property for Americans 2026
USD pricing, FBAR/FATCA, US tax on Thai rental income, visa options, and best zones for US buyers.
Buying Property as an American
Wire transfers from US banks, Bangkok Bank vs SCB for FET, due diligence checklist, and timeline.
Can Americans Buy in Thailand?
Freehold condo rules, 49% foreign quota, leasehold villas, and what US citizens cannot own directly.
US Tax on Thailand Property
Schedule E, foreign tax credit, FBAR thresholds, Form 8938, and reporting Thai rental income.
Currency Transfer for US Buyers
SWIFT from Chase/BoA/Wells Fargo, FET certificate steps, and repatriating sale proceeds.
Phuket Rental Yield Guide
Net 6–9% ROI after fees — stress-test gross yield ads before you reserve a unit.
Investment hub — read in this order
Frequently Asked Questions
Yes. Americans can own condominium units freehold within the 49% foreign quota. Villas typically use leasehold land plus building ownership. No US-specific ownership class exists — Thai law applies equally to all foreign nationals.
Yes, for freehold condo registration. The Foreign Exchange Transaction (FET) certificate proves funds were wired from abroad in foreign currency. Bangkok Bank and SCB are the most common choices for US buyers wiring USD.
US citizens report worldwide income. Rental income goes on Schedule E. Foreign accounts may trigger FBAR (FinCEN 114) and Form 8938 (FATCA) depending on balances. Consult a US CPA with cross-border experience before closing.
Strong Phuket condos often show 7–12% gross yield in marketing materials. After management, OTA fees, vacancy and taxes, plan on 6–9% net in prime areas such as Bang Tao, Kata/Karon and Patong — validate every project with real fee schedules.
No. MORE Group charges 0% buyer commission. We are paid by developers on eligible off-plan transactions and provide independent advisory for resale purchases.
Get Your US Buyer Shortlist
Budget, goal and timeline — we respond within 2 hours. FET and tax questions welcome.
