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Investing in thailand

Invest In Thailand

First think you should know is that foreigners can’t own land in Thailand in their own name. Though you can own an apartment in your name 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.

More information

Where to stay in Phuket

Reasons to invest in Phuket

Purchase process

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