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Investing in thailand

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.

More information

Where to stay in Phuket

Reasons to invest in Phuket

Purchase process

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