How to Own or Buy a Property in Thailand as a Foreigner

 

Select a Property Agent

 

Since you will be looking for property in a foreign country you will need expert local assistance.

The agent knows how to communicate in Thai and they’re familiar with the area.

The agent will save you time in selecting and showing you the property in your price range that meets your needs.

Legal Planning

You need to know the correct legal process in Thailand for the foreigner to acquire a property.

Before you sign any deposit agreement or contract, you should sit down with a lawyer to discuss the legal process.

Best Method of Ownership

In Thailand, a foreigner may only own a condominium in his or her own name.

If the foreigner wishes to acquire land and build a house, he or she should obtain a long term lease on the land (for a period not exceeding 30 years each term).

The foreigner should apply for the construction permit to build the house in their own name.

This way the foreigner owns the house and has a secured long term lease on the land.

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