Further Practice Areas
LAND PURCHASE IN THAILAND
Practice Area > Further Practice Areas > Land Purchase in Thailand
LAND PURCHASE IN THAILAND
In Thailand, foreign individuals and companies are not permitted to own freehold land. However, there are some valid and legal exceptions and alternatives available for land purchase in Thailand, such as:
Setting up a Thai registered company with majority Thai ownership to own land on foreigners’ behalf
Entering into a long-term lease agreement in which the land owner can lease his house or only the land on which foreigners can build a house or structure
Obtaining permission to own land from the Board of Investment, the Industrial Estate Authority of Thailand or under other specific laws
Investing at least 40 million Baht in Thailand to own 1,600 square meters of land for residential use only
By inheritance as statutory beneficiary
In order to successfully acquire land in Thailand, foreigners must be properly informed and sometimes they must comply with certain conditions, otherwise they risk being disposed of the land. Seeking professional advice is highly recommended.
At Antares, our experienced lawyers and counselors can give you practical advice and guidance and can assist you through every step of the land purchase process, ensuring that your rights are fully protected. Please feel free to contact us for additional information or assistance you may require.
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571 Sukhumvit Road (Soi 31), Bangkok 10110
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info[at]antaresgroup[dot]com
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