Property Ownership Options for Foreigners in Thailand
Central City Property · 12 July 2025 · 2 min read
Foreigners are not allowed to own land outright in Thailand, but there are legal and practical ways for non-Thais to own or control property. Here are the main ownership structures:
1. Condominium (Freehold Ownership)
Foreigners can legally own condos in their name.
The building must reserve at least 51% of its total unit area for Thai nationals.
You can own 49% of the total sellable area in a condominium project.
You’ll need to transfer funds from abroad (in foreign currency) for the purchase and document this with a Foreign Exchange Transaction Form (FET).
✅ Best for: Simple ownership, no complicated structures.
2. Leasehold Agreement
Foreigners can lease land or property for up to 30 years, with options to renew (often twice, reaching up to 90 years total).
The lease must be registered with the Land Office.
You can own the structure (house or villa) on the land even if the land itself is leased.
Often used for villas, bungalows, or commercial use.
✅ Best for: Long-term control without company setup.
3. Thai Limited Company
You can form a company in Thailand where Thai nationals must hold at least 51% of shares.
The company can then own land legally.
Foreigners can be managing directors and retain full control through the use of preferred shares and voting agreements.
This method must be structured carefully to comply with the law and avoid being flagged as a nominee setup.
✅ Best for: Business-minded investors or those looking for land ownership control.
4. Usufruct, Superficies & Habitation Rights
These are legal rights granted by the landowner (usually a Thai partner or company) to a foreigner:
Usufruct: The right to use and benefit from the land for life.
Superficies: The right to own a building on land owned by someone else.
Habitation: The right to live in a property.
✅ Best for: Couples or family arrangements where one partner is Thai.
🔍 Summary Table: Property Options for Foreigners in Thailand
Ownership Method
Can Own Land?
Can Own House/Building?
Control Length
Foreign Ownership Legal?
Condo (Freehold)
❌
✅
Unlimited
✅ Yes
Leasehold
❌
✅ (on leased land)
Up to 90 years
✅ Yes
Thai Company
✅ (via company)
✅
Unlimited
✅ (with structure)
Usufruct/Superficies
❌
✅
Life or fixed term
✅ Yes
Contact Us for Expert Guidance on Buying Property in Thailand
Navigating property ownership in Thailand as a foreigner can be complex, but you don’t have to do it alone. Our experienced team at Central City Property specializes in helping international buyers understand their options, avoid common pitfalls, and complete transactions smoothly and legally.
Central City Property Email: WhatsApp: +66959920345
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