WebJan 11, 2024 · Foreigners cannot buy land in Thailand, only condominium units and apartments. Foreigners cannot make up more than 40% of the condominium´s unit … WebThrough Lease of Property. Leasing is one option for a foreigner to acquire land. The foreigner in essence leases the land or house from whoever is named the owner of the land, namely the Thai national. The maximum duration of a lease under Thai property law is 30 years, with a possibility to renew again if agreed by the lessor.
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WebOct 25, 2024 · Thailand took a major step toward giving foreigners the right to buy land for housing, as the country seeks to boost its economy by enticing more wealthy international investors. Property ... WebBuy land in Thailand for investment. According to the law, citizens of other countries cannot buy land in Thailand for investment and construction. However, the government still encourages foreign entrepreneurs to invest in local real estate. Investors are provided with the following options to circumvent such restrictions: senchous
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WebOct 10, 2024 · This is perfectly legal. There are attempts in Thailand to spin the 30-year lease as “leasehold ownership”, but this is not strictly true. In many European countries, for example, a leasehold might run 999 years, a timeframe which might legitimately offer a sense of ownership. Hardly the feeling you get from a 30-year contract. WebAug 4, 2024 · According to The Bangkok Post, of the roughly 1.5 million condominium units in Thailand, foreigners now own only about 90,000 units. Targeting wealthy investors with high purchasing power might help address this looming real estate crisis. The proposed change in rules on land ownership aims to augment investment in Thailand by 800 … WebApr 3, 2024 · About This Land. This property is a 40,000 SqM land plot that is available for sale. It is located in Lam Phi, Phangnga. You can buy this land for a base price of ฿8,000,000 (฿200/SqM). senchus fer nalban