Foreigner Ownership Laws

International Buyers By Thailand Board of Investment (BOI)
49%
Condo Quota
0%
Land Ownership
90 Years
Leasehold Max
1 Rai
LTR Land Access
49%
Foreign Quota
51%
Thai Quota
100%
Buildings Affected

Thailand's property laws distinguish between condominium (freehold) ownership and land ownership. Foreigners can own condos outright but face restrictions on land ownership.

Thailand's Condominium Act permits foreigners to own condominium units on a freehold basis, but with an important restriction: no more than 49% of the total sellable floor area in any building can be owned by foreign nationals. The remaining 51% must remain in Thai ownership.
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The 49% Condominium Quota Rule

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Ownership Structure Options for Foreigners

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Dangerous Ownership Mistakes Foreigners Make

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LTR Visa: New Land Ownership Option for Foreign Investors

Key Takeaways

  • ✓ Foreigners can own condos freehold (subject to 49% quota per building)
  • ✓ Direct land ownership prohibited except for LTR visa holders (฿40M+ investment)
  • ✓ Leasehold (30+30+30 years) offers villa/house access without ownership
  • ✓ ALWAYS verify foreign quota availability before making deposit
  • ✓ Must transfer funds from overseas in foreign currency and obtain FETF