So, you’ve got a place in Phuket, or maybe you’re thinking about getting one. It’s a dream for many, but what happens to it when you’re no longer around? Thailand has an inheritance tax, and it’s not as simple as you might think, especially for foreigners. We’re going to break down the Thailand property inheritance tax so you know exactly what to expect and how to plan ahead. It’s not as scary as it sounds, but you do need to be aware.
Key Takeaways
- Thailand’s inheritance tax applies to both Thai citizens and foreigners inheriting assets within the country. The tax is levied on the value of inherited assets exceeding 100 million Baht.
- Direct heirs (children, parents) face a 5% tax rate on assets above the threshold, while other heirs pay 10%.
- Foreigners cannot directly own land in Thailand, which affects how property can be inherited. Condominiums are permissible within foreign ownership quotas.
- Life insurance, lifetime gifting, and the use of trusts or foundations are strategies that can help reduce potential Thailand property inheritance tax liabilities.
- It’s vital to have a Thai will and regularly review your estate plan to account for changes in personal circumstances and Thai law, especially regarding property.
Understanding Thailand’s Inheritance Tax Act
So, Thailand brought in an inheritance tax a few years back, specifically the Inheritance Tax Act B.E. 2558, which kicked off in early 2016. It’s a pretty big deal for anyone leaving assets behind, whether you’re a Thai local or living here as an expat. It basically put a formal system in place for taxing wealth that gets passed down when someone passes away. It’s not something most people think about until they have to, but it’s definitely worth getting your head around.
Key Dates and Implementation of the Act
The law itself was announced on 5 August 2015, but it only really came into effect on 1 February 2016. This date is quite important, really. If the estate transfer process for someone who died before this date, it wouldn’t fall under this new tax. But anything after that date? Yep, it’s subject to the rules. It’s a bit like a cut-off point, so knowing when someone passed away is key to figuring out if the tax applies.
The Legal Framework for Estate Transfers
This Act is the main piece of legislation governing how estates are taxed when they’re passed on. It sets out who pays, what gets taxed, and at what rate. It’s designed to cover all sorts of assets, not just property, but we’ll get to that. The core idea is to tax wealth that’s transferred from one generation to the next, or to other beneficiaries, if it’s above a certain value. It’s a way for the government to collect some revenue from these transfers.
The Act applies to everyone, regardless of nationality, if they inherit assets located in Thailand or if they are Thai nationals inheriting assets anywhere in the world. This broad scope means it’s not just a concern for locals.
Impact on Thai Citizens and Expats
For Thai citizens, it’s pretty straightforward – if their estate is large enough, it’s taxed. For expats, it gets a bit more nuanced. If you’re living here long-term, or considered ‘domiciled’ in Thailand, you’re generally treated the same way as a Thai citizen regarding assets within Thailand. Even if you’re not living here but you own property, like a villa in Phuket, that property can still be subject to Thai inheritance tax if the overall estate value crosses the threshold. It’s a good idea to look into how your residency status affects things, especially if you own property here. Many expats find themselves owning places like modern villas in Phuket, and it’s important to know how these assets are treated.
Thailand Property Inheritance Tax: Key Concepts
When we talk about inheritance tax in Thailand, especially concerning property like that villa in Phuket, there are a few key ideas you really need to get your head around. It’s not as complicated as it might sound at first, but knowing the basics makes a big difference.
Taxable Assets Including Real Estate
So, what exactly can be taxed? Pretty much anything of value that someone leaves behind. This isn’t just about bricks and mortar, though that’s a big one for many expats. It covers a whole range of things:
- Property: This includes houses, apartments, and land. For foreigners, owning land directly is tricky, so often it’s held via leasehold or a company structure, which has its own implications.
- Financial Assets: Think bank accounts, shares in companies, bonds, and any other investments you might have in Thailand.
- Vehicles and Valuables: Cars, jewellery, art – if it’s worth something, it’s technically part of the estate.
- Business Interests: If the deceased owned a stake in a Thai business, that value is also considered.
The main point is that if it has a monetary value and is located in Thailand, it’s likely to be considered a taxable asset.
The 100 Million Baht Exemption Threshold
Now, this is a really important bit. You don’t get taxed on every single inheritance. Thailand has a pretty generous exemption. The first 100 million Thai Baht (roughly £2.2 million as of late 2023, but always check current exchange rates) of inherited assets is completely tax-free for direct heirs. If the total value of what’s being passed down is less than this, then no inheritance tax is due at all. For heirs who aren’t direct descendants or ascendants, this threshold is lower, at 50 million Baht.
This exemption is a key feature that sets Thailand’s inheritance tax apart from some other countries, making it less burdensome for many families.
Applicable Inheritance Tax Rates
If the value of the inherited assets does go over that 100 million Baht exemption, then tax kicks in. But it’s not a flat rate for everyone. The rates are tiered based on your relationship to the person who passed away:
- 5%: This is the rate for direct heirs. We’re talking about children, parents, and grandchildren. It’s a relatively low rate, reflecting the close family connection.
- 10%: This rate applies to all other beneficiaries. So, if you’re inheriting from a sibling, an aunt, an uncle, a friend, or anyone not in the direct line of ascent or descent, this is the rate that would apply.
It’s worth noting that these rates are applied to the value of the estate above the exemption threshold. So, if an estate is worth 110 million Baht and the heir is a direct descendant, only the 10 million Baht above the threshold is taxed at 5%.
Inheritance Tax Liability for Foreigners
So, you’re an expat living in Thailand, maybe you’ve bought a place in Phuket, and you’re wondering what happens to it if the worst happens. It’s a fair question, and the short answer is, yes, your Thai assets can be subject to inheritance tax.
Residency Status and Tax Implications
Your residency status in Thailand does make a difference, though perhaps not in the way you might first think. If you’re officially considered ‘domiciled’ here, meaning you have a long-term visa or are settled in the country, you’re generally treated the same as a Thai national regarding assets within Thailand. This means if your total estate value exceeds the 100 million Baht threshold, it could be taxed. Even if you’re not a resident, if you own assets in Thailand – like that villa or some shares – those specific assets are still liable for Thai inheritance tax if they fall above the exemption limit. It’s not about where you live, but where the assets are located.
Navigating Double Taxation Treaties
Now, this is where things can get a bit tricky. Thailand has agreements with some countries to stop you from being taxed twice on the same inheritance – once here and once in your home country. It’s worth checking if your home country has such a treaty with Thailand. These agreements can significantly affect your overall tax bill. For instance, if your home country already taxes the inheritance, the treaty might reduce or eliminate the Thai tax liability on those same assets, or vice versa. It’s a bit of a puzzle, and getting it right can save a lot of money.
Taxation of Thai Assets for Non-Residents
Even if you’ve never set foot in Thailand, if you own assets here, they’re not immune. The Thai Inheritance Tax Act applies to all assets situated within the Kingdom. This includes tangible things like property, cars, and jewellery, as well as financial assets such as bank accounts, shares in Thai companies, and investments. So, if a non-resident passes away and their Thai assets, when added up, go over the 100 million Baht exemption, those assets will be subject to the Thai inheritance tax. It’s a straightforward rule: if it’s in Thailand, it’s subject to Thai tax law for inheritance purposes. This is why having a clear understanding of your Thai holdings is important, especially if you’re planning your estate from afar. For example, a property like this 3-bedroom villa in Phuket, Thailand would be considered a Thai asset.
Real Estate and Property Inheritance Specifics
When it comes to inheriting property in Thailand, especially a place in sunny Phuket, things can get a bit more involved than you might expect. It’s not always a simple handover; the way you own the property really matters, and that’s where things can get interesting, particularly for us foreigners.
Foreign Ownership Structures for Property
So, how do foreigners actually own property here? Well, Thai law has some specific rules. You can’t directly own land as a foreigner. This means if you inherit land, you generally have to sell it within a year. It’s a bit of a catch-22, really. However, owning a condominium is usually fine, as long as the total foreign ownership in that particular building doesn’t go over the legal limit. Because of the land ownership restrictions, many foreigners end up owning property through leasehold agreements or by setting up a Thai company. Understanding these setups is pretty important because they affect how the property is passed on.
Inheriting Condominiums vs. Land
There’s a clear difference in how you inherit condos versus land. As mentioned, land ownership for foreigners is restricted, meaning inherited land usually needs to be sold off quickly. Condominiums, on the other hand, can be inherited more directly, provided the foreign ownership quota is respected. This makes condos a bit simpler from an inheritance perspective, though the overall value still counts towards the estate for tax purposes.
Leasehold Agreements and Inheritance Challenges
Leasehold agreements are quite common for foreigners wanting to secure property, especially land. You essentially lease the property for a long period, often 30 years, with options to renew. When it comes to inheritance, a leasehold interest can be passed on. However, the terms of the lease agreement itself will dictate what happens upon the death of the leaseholder. It’s not as straightforward as outright ownership, and you’ll need to check the specific clauses in your lease. Sometimes, these agreements might have provisions that could complicate the inheritance process, or even terminate the lease under certain conditions. It’s a good idea to have a look at the lease terms carefully, and maybe even get a Thai lawyer to explain them if you’re unsure. This is where having a clear will becomes really important, specifying exactly who you want to inherit your leasehold rights. You can find details on properties like this Phuket villa which might be subject to these kinds of arrangements.
Dealing with tricky family property rules can be tough. It’s about making sure your wishes are followed and your loved ones don’t face unnecessary hurdles trying to sort out your estate here. Getting professional legal advice is often the best way to avoid potential conflicts and ensure all legal requirements are met.
It’s always best to get professional legal advice when dealing with complex inheritance situations to avoid potential conflicts and ensure all legal requirements are met. Wrapping up your Thai property inheritance means making sure you’ve got a clear will, and perhaps even a Thai will if you own significant assets here. This can save a lot of hassle down the line. It’s really about being prepared so that your wishes are followed and your loved ones aren’t left dealing with unexpected legal hurdles. If you’re unsure about any of this, getting some advice from a local legal expert is probably a sensible step to take.
Calculating Thailand Property Inheritance Tax
So, you’ve inherited a bit of property in Thailand, maybe a nice villa in Phuket or a condo with a sea view. Now comes the slightly less fun part: figuring out if you owe any inheritance tax. It’s not as straightforward as just handing over a cheque, you know. The Thai government has its own way of calculating things, and it’s important to get it right to avoid any nasty surprises down the line.
Appraised Value of Inherited Property
First off, the taxman needs to know what the inherited property is actually worth. This isn’t just about what you think it’s worth, or even what the deceased paid for it. The Thai Revenue Department will look at the official appraised value. This is usually determined by government valuers, and it’s the figure they’ll use as the basis for any tax calculation. It’s a bit like getting a valuation for a mortgage, but for tax purposes.
Determining Net Value of Inherited Assets
Once you’ve got the appraised value of the property, you need to figure out the net value of the entire inheritance. This means adding up the value of all the assets – property, bank accounts, shares, you name it – and then subtracting any debts or liabilities that the deceased had. Think of it like this:
- Total Assets: Property value + bank balances + investments + other valuables.
- Minus Liabilities: Outstanding loans + unpaid bills + funeral expenses.
- Equals Net Inherited Value: This is the figure that gets compared against the tax-free threshold.
It’s a bit of a balancing act, really. You’re trying to get a clear picture of what’s actually being passed on, free and clear.
Tax Calculation for Direct vs. Other Heirs
This is where it gets a bit more specific. The tax rates aren’t the same for everyone. If you’re a direct heir – meaning you’re a child, parent, or grandparent of the deceased – you’ll generally pay a lower rate. For everyone else, like siblings, nieces, nephews, or even friends, the tax rate is higher.
Here’s a simplified breakdown:
- Direct Heirs (Children, Parents, Grandparents): A 5% tax rate applies to the value of the inheritance that exceeds the tax-free threshold.
- Other Heirs (Siblings, Nieces, Nephews, etc.): A 10% tax rate applies to the value of the inheritance that exceeds the tax-free threshold.
So, if someone inherits assets worth 150 million Baht, and they are a direct heir, the first 100 million Baht is tax-free. The remaining 50 million Baht would be taxed at 5%, meaning 2.5 million Baht in tax. If they were an ‘other’ heir, that same 50 million Baht would be taxed at 10%, costing them 5 million Baht. It really makes a difference who you are in the family tree!
It’s worth remembering that the tax-free threshold is quite generous, especially for direct heirs. This means many smaller estates or inheritances won’t actually trigger any tax liability at all. But for those larger estates, particularly those involving valuable property, understanding these calculations is key.
Exemptions and Allowances in Thai Inheritance Tax
When it comes to inheriting assets in Thailand, the good news is that the country’s Inheritance Tax Act offers some pretty generous exemptions. This means not every single inheritance will be hit with a tax bill, which is a relief for many, especially expats.
The main exemption means that if the total value of the inherited estate is less than 100 million Thai Baht, no inheritance tax is payable at all. This threshold is quite high and covers a good number of estates, particularly for those who aren’t dealing with vast fortunes. It’s a sensible approach that focuses the tax on the very largest estates.
Beyond that headline figure, there are other specific allowances that can reduce or even eliminate the tax burden:
- Spousal Exemptions: If a surviving spouse inherits assets from their deceased partner, they are completely exempt from inheritance tax. This is a significant provision designed to help the surviving partner maintain financial stability without an immediate tax hit.
- Inheritance for Public Good: Assets left to government bodies, charities, foundations, or religious organisations are also tax-exempt. This encourages philanthropic giving and supports community initiatives.
- Direct vs. Other Heirs: While the 100 million Baht exemption applies broadly, the tax rates themselves differ. Direct heirs (like children or parents) pay a lower rate of 5% on the value exceeding the threshold, whereas other beneficiaries (like siblings or friends) face a 10% rate. This tiered system acknowledges the closer relationship in direct inheritance.
Compared to the UK, where the threshold is much lower and the rate higher, Thailand’s system is notably more favourable. For instance, in the UK, anything over £500,000 can be taxed at 40%. This makes Thailand’s approach quite welcoming for those planning their estates or receiving inheritances.
It’s worth noting that while the headline exemption is 100 million Baht, this applies to the total estate value. If an estate is valued at, say, 135 million Baht, the first 100 million is tax-free, and tax is only calculated on the remaining 35 million Baht. The specific tax rate then depends on who the beneficiary is.
For example, if a direct heir inherits assets valued at 135 million Baht, the tax would be 5% of 35 million Baht (1.75 million Baht). If it were a non-direct heir, the tax would be 10% of 35 million Baht (3.5 million Baht). This structure aims to balance tax collection with providing relief for most inheritors. It’s always a good idea to get a clear valuation of the estate to understand your exact position. For a property like a luxury villa, understanding its appraised value is key to this calculation, as seen with properties like this 9-bedroom luxury villa.
Compliance and Payment Procedures
Right, so you’ve inherited something in Thailand, maybe that lovely villa in Phuket your aunt left you. Now comes the less exciting part: sorting out the paperwork and making sure you’ve followed all the rules. It’s not exactly a walk in the park, but getting it right means you avoid any nasty surprises down the line.
Filing Inheritance Tax Returns
First things first, you need to get your tax return sorted. You’ve got a window of 150 days from the moment you officially receive your inheritance to get this done. Think of it as your official heads-up to get everything in order. You’ll need to fill out specific forms, which you can usually find on the Thai Revenue Department’s website or by popping into one of their local offices. Be prepared to provide details about the person who passed away, yourself as the heir, and a clear breakdown of what you’ve inherited. Once it’s all filled out, you’ll submit it to the nearest Area Revenue Office.
Deadlines for Tax Payment
Now, about paying up. The deadline for paying any inheritance tax due is generally the same as your filing deadline – that 150-day mark from receiving the inheritance. It’s really important to stick to this. If you’re late, well, the Revenue Department isn’t exactly known for its leniency. You could end up facing penalties and interest charges, which start racking up from the day after the deadline. So, try your best to get both the filing and the payment done within that 150-day period. It just makes life a lot simpler.
Penalties for Late Submission and Payment
Let’s talk about what happens if you miss those deadlines. If you file your return late, expect fines and interest. It’s not just about being a bit tardy, though. If you’re found to have underreported the value of assets or provided incorrect information, that’s a whole other ball game. The penalties are there to make sure everyone plays fair and pays what they owe. It’s always better to be upfront and accurate, even if it means a bit more work initially. Getting professional advice can really help here to make sure you don’t fall foul of these rules.
It’s always a good idea to keep copies of everything you submit and any payment receipts. This way, if there’s ever a question or a dispute, you have proof of your compliance. Think of it as your personal paper trail.
Here’s a quick rundown of what you might face:
- Late Filing Penalty: A fixed fine, plus interest on the tax amount due. The interest rate can vary, so it’s best to check the current regulations.
- Under-reporting Assets: This can lead to much higher fines, often a percentage of the undeclared tax amount.
- False Information: Providing deliberately false information can result in more severe penalties, potentially including legal action.
It’s really about being organised and proactive. If you’re unsure about any part of the process, it’s far better to seek help from a local legal or tax professional rather than guessing. They can guide you through the specifics and make sure everything is handled correctly, saving you potential headaches and extra costs later on.
Strategies for Minimising Inheritance Tax
When thinking about passing on your assets in Thailand, especially that lovely villa in Phuket, it’s natural to wonder about taxes. While the Thai Inheritance Tax Act does exist, there are several ways you can plan ahead to minimise any potential tax burden for your loved ones. It’s not all doom and gloom, and with a bit of foresight, you can make things much smoother.
Utilising Trusts and Foundations
One smart move is to consider setting up a trust or a foundation. These legal structures can hold your assets, and by doing so, they can sometimes reduce the overall value of your estate that’s subject to tax. It’s a bit like putting your assets into a separate box that’s managed for your beneficiaries. This can be particularly useful for managing property and ensuring it’s passed on according to your wishes, potentially lowering the taxable amount. It’s a good idea to chat with a legal expert about how this works specifically for Thai law and your situation.
Gifting Assets During Lifetime
Another strategy is to gift some of your assets to your heirs while you’re still around. By transferring ownership of things like property or investments before you pass away, you can shrink the size of your taxable estate. This means there’s less value for inheritance tax to be calculated on. It’s a way to distribute your wealth gradually and can help avoid a large tax bill later on. Just remember there are rules around gifting, so it’s worth understanding those.
The Role of Life Insurance Policies
Life insurance can also play a part in managing inheritance tax. You can take out a policy specifically to cover potential inheritance tax liabilities. This way, your heirs receive funds from the insurance payout that can be used to pay any tax due, without having to sell off assets like your villa. It provides a financial safety net, ensuring that your beneficiaries have the cash needed to settle tax obligations. It’s a practical way to protect your estate’s value.
Planning ahead is key. Thinking about these options now can save your family a lot of hassle and expense down the line. It’s about making sure your legacy is passed on as smoothly as possible.
Estate Planning for Expats in Thailand
Planning for what happens to your assets after you’re gone is a big deal, especially when you’re living abroad. For expats in Thailand, this means looking at both your Thai holdings and anything you own back home. It’s not just about making sure your loved ones get what you intend, but also about making sure it all happens smoothly and legally.
Managing International and Thai Assets
When you’ve got assets scattered across different countries, things can get a bit complicated. You might have a condo in Bangkok, some land held via a company structure, investments, and perhaps property or bank accounts in your home country. The key here is to have a clear overview of everything. It’s often wise to have separate wills for your Thai assets and your assets elsewhere. This can simplify the process for your beneficiaries and make sure everything complies with the specific laws of each jurisdiction. Think of it like having a separate filing system for different types of paperwork – it just makes things easier to manage.
The Importance of a Thai Will
Having a will that’s recognised under Thai law is pretty important if you own property or have significant assets here. Without one, your estate could be distributed according to Thai intestacy laws, which might not align with your wishes. It’s not just about naming beneficiaries; a well-drafted Thai will can also appoint an executor to manage the estate and can specify how certain assets, like property, should be handled. Making sure your will is legally sound in Thailand is the bedrock of good estate planning.
Regular Reviews of Estate Plans
Life changes, and so should your estate plan. Your financial situation might change, you might acquire new assets, or the laws themselves could be updated. It’s a good idea to revisit your will and overall estate plan at least every few years, or whenever a major life event occurs, like marriage, divorce, or the birth of a child. This ensures your plan remains relevant and effective. It’s like giving your car a regular service – you want to catch any potential issues before they become big problems.
Planning ahead can prevent a lot of headaches for your family down the line. It’s about clarity and making sure your intentions are followed, even when you’re not around to oversee things yourself. Getting professional advice tailored to your specific situation is a sensible step.
Real-Life Scenarios and Challenges
It’s easy to get lost in the legalities of inheritance tax, but looking at real-life situations can make it much clearer. Let’s consider a few scenarios that expats might face when dealing with their Thai estates.
British Widow Inheriting Thai Land
Imagine Sarah, a British national whose Thai husband recently passed away. He owned a plot of land in Chiang Mai, which he intended for Sarah. However, Thai law has specific rules about foreign land ownership. As Sarah is not a Thai citizen, she cannot directly inherit and register the land in her name. She has a year from the transfer date to sell it. While she’s exempt from inheritance tax due to her marital status, she needs to manage the sale carefully to comply with regulations and get a fair price. This highlights the importance of understanding property ownership structures and potential restrictions for non-Thai nationals.
Foreigner Inheriting a Thai Villa
Consider David, a South African living in Phuket, whose partner, Anna, sadly passed away. Anna, a German national, owned a villa there. Because David and Anna weren’t legally married, David isn’t automatically exempt from inheritance tax. He’ll likely face a 10% tax on assets exceeding the 100 million Baht threshold. Adding to the complexity, the villa is in a condominium complex where the foreign ownership quota is already full. This means David can’t register the condo in his name and must sell it. To manage this, he’s working with both a Thai inheritance lawyer and a specialist in cross-border succession to handle the legalities and get the proceeds back to Germany without issues.
Legal Assistance for Complex Estates
When dealing with estates that span multiple countries or involve unusual assets like digital currencies, getting expert help is key. For instance, if an expat like Olivia, a Canadian in Bangkok, inherits an online business and cryptocurrency from her brother, she’ll find that Thai law isn’t always clear on digital assets. She’ll need to prove ownership and get access to digital wallets. This often means working with specialists in digital asset law to figure out valuations and transfer procedures under both Thai and international rules. It’s a good reminder that having a clear plan and the right legal support can save a lot of trouble down the line.
Documentation for Inheritance Tax Filing
So, you’ve inherited something in Thailand, maybe a nice villa in Phuket or some land. Now you’re wondering what paperwork you’ll need to sort out for the tax side of things. It can feel a bit overwhelming, can’t it? But don’t worry, it’s mostly about being organised and knowing what the Thai Revenue Department expects.
Getting your documentation in order is the first big step to dealing with any inheritance tax liability. Without the right paperwork, you’ll find it hard to even start the process, let alone get it right.
Here’s a breakdown of what you’ll likely need:
- Proof of Death: This is pretty standard, you’ll need the death certificate of the person who passed away. It’s the official document that starts everything.
- Identification for Everyone Involved: This means your own ID, like a passport, and also identification for the deceased. If there are other heirs, they’ll need their IDs too.
- Details of the Deceased’s Assets: This is where it gets detailed. You’ll need documents that clearly show what the deceased owned. Think:
- Property deeds (Chanote, Nor Sor 3, etc.) for any land or buildings.
- Bank statements and account details for any Thai bank accounts.
- Investment portfolio statements, share certificates, or details of any businesses owned.
- Vehicle registration documents if there are cars or other vehicles.
- Any other documents proving ownership of valuable items.
- Proof of Relationship: You’ll need to show how you’re related to the deceased. This could be birth certificates or marriage certificates, depending on who you are to them.
- Valuation Reports: For significant assets, especially property, you might need official appraisals to determine their market value. This helps in calculating the taxable amount.
It’s a good idea to keep all these documents together in a safe place. Having them organised beforehand will make the whole process much smoother when you actually need to file the tax return. Think of it like a treasure hunt, but instead of treasure, you’re looking for official papers!
If you’re unsure about any specific document or how to get it, it’s always best to speak with a local legal expert or a tax advisor who understands the Thai system. They can guide you through the specifics and make sure you’re not missing anything important.
Dealing with Inheritance Tax can feel a bit tricky, but we’re here to make it simpler. Our guide breaks down everything you need to know about filing, so you can get it done without any fuss. Want to learn more about how to handle your inheritance tax? Visit our website for all the details.
So, What About Your Phuket Villa?
Ultimately, whether your beloved Phuket villa ends up being taxed when you pass it on really depends on the overall value of your estate. Thailand’s inheritance tax has a pretty generous exemption, meaning most people won’t actually have to pay it. But, if your total assets, including that villa, go over the 100 million Baht mark, then yes, a tax could apply. It’s not a huge percentage, especially for direct family members, but it’s something to be aware of. The key takeaway here is that planning ahead is your best bet. Sorting out your will and understanding how your assets are structured, especially property, can make a massive difference for your loved ones. It’s always a good idea to chat with a local expert to make sure everything is in order and you’re not caught out by any unexpected rules.
