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Can Foreigners Own Property in Thailand? Full Legal Guide

Can Foreigners Own Property in Thailand Legally?

Foreigners often ask: Can foreigners own property in Thailand? The short answer is yes — but only under certain conditions. Thailand offers three legal pathways: Freehold, Leasehold, and Thai Quota ownership. Each option has its own rules, benefits, and limitations. In this guide, we break down how foreign nationals can legally acquire real estate in Thailand and protect their investment.

Freehold Ownership: Foreigners and Condominium Rights in Thailand

Freehold is the most secure and direct form of ownership available to foreigners — but only for condominium units.

Key features:

100% ownership with your name on the title deed
No expiration or lease terms
Can be sold, gifted, inherited, or renovated freely
Available only if the project’s foreign quota (49%) has not been exceeded

Note: Developers may charge a premium for Freehold units.

Leasehold Property Ownership in Thailand

Leasehold offers long-term use of property without transferring land ownership.

How it works:

Standard lease term: 30 + 30 + 30 years (renewable)
Often applied to villas or houses on land
Can be resold or passed on via a new lease agreement
Typically more affordable than Freehold

This option is attractive for those seeking flexibility or lower initial costs.

Thai Quota Ownership via Company Structure

Foreigners cannot own land directly, but Thai Quota ownership allows property purchase through a Thai limited company.

How it works:

Foreigners hold 49% of shares; 51% must be Thai nationals
Legal safeguards ensure Thai nominees have no control
Applies to land, villas, and houses
Requires legal setup and annual company maintenance

Important: All documents must be prepared by a licensed lawyer. Using nominee structures illegally may result in property seizure.

Important Legal Considerations and Risks

Always verify the developer’s legal status
Avoid unofficial “workarounds” that bypass Thai land laws
Stay informed: In 2023, Thai authorities increased enforcement on nominee company misuse

When structured correctly, Thai property law allows for safe and profitable ownership — but expert legal guidance is non-negotiable.

For legal framework details, visit the Thai Land Department.

Conclusion: Foreign Ownership in Thailand Is Legal with the Right Strategy

So, can foreigners own property in Thailand? Absolutely — through Freehold for condos, Leasehold for long-term land use, or Thai Quota via company setup. Each path is legal when executed properly with full compliance.

📩 Need help choosing the safest option?
Request your free consultation now — our legal team will ensure your purchase is protected from start to finish.

Your consultant:

Maxim Belon

Expert in real estate investments in Thailand and other countries.