How do I rent out my Phuket condo while I live abroad?
As a foreign owner you can usually rent out your unit. The rules differ for short-term versus long-term letting, and rental income has tax implications in Thailand — confirm the specifics with a licensed Thai lawyer or accountant. When you are not in Thailand, what matters most is a trustworthy local team to find tenants, handle handover, collect rent and deal with repairs, and give you accounts you can check.
- Decide first whether you want long-term or short-term letting — the rules and permits differ; confirm with a professional before you start.
- Sort out how rental income is reported and who handles it; use an accountant.
- The biggest risk in remote letting is an opaque manager — insist on seeing real occupancy and accounts.
- Before signing a manager, ask: the commission split, how vacancy is handled, who pays for furniture and repairs.