The remaining must become Thai-owned. Ensure the lease is appropriately registered at the Area Office. Thai Company: Setting up a Thai company (with majority Thai shareholders) to own land will be complex, requires legitimate business operations, plus carries significant legitimate and financial risk. Freehold Condominiums: The easiest route. Very niche. Bottom Line: Constantly hire a reputable, English-speaking Thai property lawyer to deal with a consequence of diligence, contracts, and registration.
Do not rely on the seller’s agent. This is the standard intended for buying a standalone house. You can own upwards to 49% with the total floor space inside a condominium creating. Careful attention and specialist legal advice are mandatory. Investment decision Through BOI/Special Projects: Certain large-scale, government-promoted projects may present exceptions. This can be the many common method intended for foreigners. Leasehold: An individual can lease land or a house for up in order to 30 years, using options to invigorate.
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