Thailand-property7

Foreign Ownership Rights in Thailand

One of the most frequently asked questions a developer or estate agent receives is: Can a Foreign National own land outright? The answer is No. Furthermore, they cannot own more than 49% of the shares in a Thai company that owns freehold land but there are legal ways, within the Thai company structure, that will allow a foreigner to exercise sole control over the Thai company and their investment.

A Foreigner is, however, allowed to own a building distinct from the land, which coupled together with a renewable registered 30 year leasehold is regarded by many as being as good as owning the freehold.