Invest In Thailand
You can’t own land in Thailand if you are foreigner. Though you can own an apartment in a condominium (foreign freehold ownership) since the Thailand Condominium Act. It’s also possible for you to buy a house or a villa but it won’t be foreign freehold. Please read below to have a better understanding.
Buy an apartment / condo via leasehold or foreign freehold
- Leasehold means you have the use of the property for 30 years (can be renewed).
- Foreign freehold means you own the property forever (like Thai citizen).
Buy a villa / house via leasehold or via a thai company set up (Thai freehold)
- Leasehold means you have the use of the property for 30 years (can be renewed).
- Company set up means you own the property via a Thai Limited Company which you own via shares but you’ll have fees to run the company (about 25 000 thb per year).
If you have a Thai spouse
You can buy the land in your spouse name and make him/her sign a lease agreement indicating that you are a tenant. This way you secure your ownership on the land and if you build a house you get joint ownership over such construction.
