Thailand Property Laws: What Foreign Buyers Must Know
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Thailand Property Laws: What Foreign Buyers Must Know
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Foreigners face strict restrictions when purchasing property in Thailand under the Land Code and Condominium Act. This guide unpacks the key rules: foreigners cannot own land outright except in rare BOI-approved cases and are limited to leaseholds or condominium ownership (up to 49 percent foreign quota per building). It covers legal routes like forming Thai companies with majority Thai ownership, usufructs, spouse ownership, and BOI exemptions. You'll also learn about title deeds, due diligence, taxes and fees, financing constraints, and inheritance planning. Essential reading for anyone looking to invest or live in Thailand legally and confidently.
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