Legal Information

Nationwide Real Estate Limited has extensive experience in all aspects of property transactions.

Buying land or property in Thailand is an attractive option for investment, business, and residence or retirement purposes. At first glance, buying property can be a daunting task when it comes to your rights and obligations. Many documents, such as title deeds and land transfer agreements are often in Thai language and quality advice in this area is essential.

Despite the challenge of another language, thousands of expats have settled in Thailand and have fully secured their ownership and rights as a home owner. Here are some answers to the most frequently asked questions:

Can foreigners buy land in Thailand?

Thailand law prohibits foreigners from owning land outright in Thailand. However there are exceptions and other methods available for acquiring valid and legal rights to a piece of land.

Here are some of the options:

1.     Foreigners can hold 100% interest in an initial 30-year lease over the land which can be twice renewed for 30 more years, giving a full 90 years use of the land.

2      Registered companies with majority Thai ownership are able to buy land.

3      Foreigners can buy and own a limited amount of residential use land based on an investment of 40 million Baht for 5 years.

4      A foreigner can buy land or property in Thailand in his or her Thai spouse’s name. In this case, a well drafted prenuptial agreement will is advised.

5      A foreigner may acquire a life long interest in certain types of property. For example, a Usufruct is a right to use (and profit from) land. It is similar to a leasehold title but is non-transferable and has some important differences.