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Buy Property in Thailand

We Make It Possible For Anyone To Buy Property In Thailand!

buy land in Thailand

Here’s
What to Do

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  • Buy on Your Company’s Name
  • Lease the Property
  • Structured Ownership
  • Buy in Your Thai Spouse’s Name
  • Buy a Condo or an Apartment

Buying Property by Marrying A Thai: Know Your Eligibility

  • Parties should be of minimum seventeen years of age. Similarly, they should be marriageable in their native place.
  • They should not be insane
  • They should not have blood relations or should not be a direct ascendant or descendant of the same blood group
  • The parties should not have the same adoptive parents
  • They should not have a spouse during the time of marriage
  • In case of a widow, the marriage can take place after 310 days from the death of the husband. But a marriage can take place before the period in case a child is born by then.
  • In case of divorced couple, a certificate confirming that woman is not pregnant should be presented and an order of the court letting the woman to remarry.
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Buy Property in Thailand: 5 Alternatives

1. Buy on Your Company’s Name

A foreign national may be entitled to own a land in Thailand in the name of a Thai company. And this can be done by registering a Limited Company or a registered Partnership in Thailand. Similarly, a foreigner who registers his company under Board of Investment may be entitled to buy 20 Rai of land for residential purpose.

2. Lease the Property

Leasing is yet another alternative for a foreign national to acquire land in Thailand. The maximum duration of a lease is 30 years with the chances of renew.

3. Structured Ownership

A company or Thai spouse may grant a right of superficies to the foreign national, giving him the right to own all constructions on the land.

4. Buy in Your Thai Spouse’s Name

A foreign national who is married to a Thai is entitled to legally own land in Thailand. However, the land must be registered in the Thai national’s name at the land office.

5. Buy a Condo or an Apartment

Apartments or condominiums can be purchased by foreigners as long as at least 51% of the building is owned by Thais.

Why us ?

Support Starts From Lease Agreement Drafting

Additional Estate & Property Planning Services

Helps in both Freehold & Leasehold Ownership

Good Relationship with Land Officials & Authorities

Support in Property Verification & Notary Services

Multilingual Expert Advisory & Drafting Support

Frequently Asked Questions

The Land Code BE 2497, the Land Reform for Agriculture Act BE 2518 and the Civil and Commercial Code governs the ownership of land.

There are basically six kinds of land title, including Nor Sor 3, Nor Sor 3 Gor, Chanote-Land Title Deed and a few more. To know about them in brief contact us.

A foreigner can acquire a land as a statutory heir after obtaining permission from the Minister of Interior.

There are different titles or documents to prove your ownership or possessor rights on land in Thailand. Three of them have been mentioned below;

  • Freehold Title Deed ( Chanote or Nor Sor See)
  • Confirmed Certificate of Land Use (Nor Sor Sam Gor)
  • Certificate of Land Use (Nor Sor Sam)

Off the plan purchasing allows you to buy a property before it is constructed. In fact, most apartments or villas are sold this way. In Thailand’s rising market, this arrangement can provide you with huge capital gains.

Generally, foreigners are not allowed to obtain a mortgage for Thailand properties. However, the financial institutions in the country do offer loans for real estate purchasing to Thai companies or people.

Thai Land Ownership is processed under the Land Code Act. However, the laws for property ownership for foreigners in Thailand is applicable to land only and not a condominium or building on the land.

We suggest legal structures, including lease, superficies, and usufruct for buying a house in Thailand.

CONTACT US

KONRAD LEGAL COMPANY LIMITED

2 Pacific Place Building, 12th Floor,
Unit 1209, No.142, Sukhumvit Road,
Klongtoey, Bangkok 10110

Phone: +66 2626-0277

[email protected]
[email protected]

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