Casza Answers
Can Foreigners Buy Property in Thailand?
Quick Answer
Foreigners cannot own land in Thailand but can own condo units (up to 49% of building) outright. Houses require long-term leases or Thai company structures.
Thailand has specific rules for foreign property ownership:
What Foreigners CAN Own
Condominiums
What Foreigners CANNOT Own
Land/Houses
Direct land ownership is prohibited for foreigners.
Alternatives for Houses/Villas
1. Long-Term Lease (30+30+30)
2. Thai Company
3. BOI Promotion
Buying Process
4. Transfer at Land Office
5. Pay transfer tax (2%)