Thailand has a law that prohibits foreigners to own land. Many choose to buy a condo instead of a house on a plot of land to avoid the headache. (Read Foreigners buying a condominium in Thailand for more information) We, at Thai Lawyers Ltd., have helped many foreign clients who want to buy a house, […]
Whether he wants to register a company or make the application to obtain his Thai tax ID card, a foreigner needs an address in Thailand. We got asked a lot of times what is this Tabien Baan that is one of the required documents for application. Tabien Baan is a House Registration book of each […]
Why Thai lawyers are needed by expats buying a condo in Thailand is explained here. Normally the buyer’s agent is paid by the seller. Why do we say that? The agent who represents the seller will get his commission, usually 3% of the selling price from the seller. He does marketing on various websites on […]
In general, foreigners are not permitted to acquire land in Thailand unless they comply with the rules and conditions of exception specified in The Land Code of Thailand. Only Thai individuals and juristic persons are allowed to purchase and own land in the country. The same restriction applies to foreign companies in Thailand. A company […]
In general, a foreigner is allowed to lease land in Thailand for not exceeding 30 years with an option of renewal, but it must not exceed 30 years from the date of renewal. (Read here for more information about 30 year land lease in Thailand by foreigners.) However, according to the Government policy under the […]
Foreigners wanting to own land in Thailand, a lot of the time, will opt for Land Lease, which is the most straightforward approach to acquire land in Thailand. Many foreigners feel more secure knowing that a legally registered land lease remains valid and effective even if the land is sold to another person. Thailand’s land […]
Foreigners who want to live or invest in Thailand often wonder how they can own land in Thailand. Here are 3 possible ways for Foreigners to own land in Thailand: A foreigner can acquire land by inheritance as statutory heir and register an ownership in such land after having obtained permission from the Minister of […]
It is possible for foreigners to own land in Thailand. However, the following rules and conditions must be met: A foreigner can buy land in Thailand for residential purpose and the land to be purchased shall be not more than one Rai (or 1,600 Square Meters) in area. Bringing money not less than 40,000,000 THB […]
If you are looking to buy a property in a foreign country, you will need to be assured that you follow the rules, comply with the mandatory requirements and also save your valuable time in selecting and purchasing the property to meet all your needs. Thailand real estate is booming. Buying a Condominium Unit in […]
According to Thai law, foreigners, (or most cases the company with 100% foreign ownership) in general are prohibited from owning freehold land in Thailand. However, there are a few exceptions to this. Leasehold. Foreigners may hold total leasehold interest in land and house leases. The Thai lease law allows a 30-year maximum lease period, with […]