Foreigners can legally rent out their Thai property. Some banks may allow you to open a rental income account. Rental income is taxable at income tax rates ranging from 0-37% (property-related expenses can be used as a tax credit; in the case of a detached house, up to 30% of rental income can be used as a tax credit). Property tax is levied only on rental properties at a flat rate of 12.5% of annual rent, payable annually.
If you buy property in the name of a company, the corporate income tax and capital gains tax rate is 20%.
Once the property is sold, the gain can be taxed at the income tax rate or at capital gains tax up to a maximum of 20%.
Although there is no estate tax nor donation tax, property acquired through inheritance or donation is subject to capital gains tax.
Guide for Foreigners Buying Property in the Philippines
South Korea Rental System: Jeonse, Wolse, & Banjeonse
Malaysia Top 5 Property Companies: Titans That Powering the Market!
Top 10 Countries With Largest Overseas Chinese Populations in the World
10 High-Ranking Property Management Companies in Canada