Is it possible for foreigners to purchase property in Thailand?

Purchase property in Thailand
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Foreigners are indeed permitted to own property in Thailand, although there are certain restrictions involved.

While foreigners can freely purchase and own condominium units, the ownership of houses and land poses additional requirements. To acquire houses and land as a foreigner, one common approach is to establish a dormant, non-trading Thai company and become its managing director. Our recommended lawyer will help you through this setup with ease of mind.

A foreigner can also control, but not own in his/her name, a condo that is in “Thai name” by forming a non-trading Thai company.

Purchasing a condo under Thai company ownership typically results in a lower purchase price compared to buying in foreign name. The price difference can be up to 20%, offering potential cost savings for buyers.

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