Can a Foreigner Own a House in Thailand?
Yes, but with conditions. A foreigner can own the house (the building) but not the land under it. The land is usually leased, or owned by a Thai spouse or a Thai company, and the house ownership should be properly registered at the Land Office.
Key knowledge
A foreigner can own the building, but not the land under it.
Who owns the land under the house?
The land is usually:
- Leased from the land owner
- Owned by a Thai spouse
- Owned by a Thai company
Important
The house ownership should be properly registered at the Land Office so that it is legally effective.
Frequently asked questions
How long can I lease land in Thailand?
A lease of immovable property can run for up to 30 years at a time (Civil and Commercial Code, Section 540). A lease longer than 3 years must be made in writing and registered at the Land Office (Section 538). A clause that renews the lease automatically beyond 30 years may not be legally valid.
Can a foreigner buy a condominium?
Yes. Foreigners together may own up to 49% of the total unit area in a condominium building.
Can I use a Thai company to hold the land?
The company must be a genuine Thai company under the law. Using Thai nominee shareholders on behalf of a foreigner is illegal, so speak to a lawyer before setting up the structure.
Related services: Prepare & Review Legal Documents · Company Registration
This article is general information, not legal advice for your situation. · Image: jcomp / Freepik.