Key Takeaways
- • Foreigners can own condos in their own name, within the 49% foreign quota per project
- • Foreigners generally cannot own land in their own name
- • For a house with land, the routes are long-term leasehold or a legitimate company
The most common question before buying here is "what can I own?" Short answer: condos yes, land no — but the practical detail and options are worth understanding.
Condos — in your own name
The Condominium Act allows full foreign ownership, provided foreign-held area stays under 49% of a project's saleable space; the other 51% is Thai-held. Funds must come from abroad with FET documentation.
Land and houses — limited
| Type | Foreign ownership |
|---|---|
| Condo (in quota) | Yes, own name |
| Bare land | Generally no |
| House + land | Long lease / own the house, not the land |
Legitimate routes
For a house with land, registered long-term leasehold is the popular, lawful option. A Thai company can hold land only as a genuine business — nominee structures carry serious legal risk. Always consult a lawyer first.
References
- Condominium Act B.E. 2522
- Land Code
- Department of Lands
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