Are foreigners allowed to own property in Thailand?
When we asked expats in Thailand if foreigners are allowed to own property, they answered...
"Yes, foreigners are allowed to own property in Thailand. However, they are not allowed to own land, as the Thai government does not permit foreign ownership of land. Instead, foreigners can own condominiums, which are buildings that are divided into individual units that can be owned by individuals. Foreigners can also lease land for up to 30 years, with the option to renew the lease for another 30 years. Additionally, foreigners can own a house on land that is owned by a Thai company, as long as the foreigner is a major shareholder in the company," remarked another expat in Thailand.
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Are foreigners allowed to own property in Thailand?
If you live in Thailand, newcomers to Thailand would love to hear your answer to this question:
About the Author
Betsy Burlingame is one of the founders of Digital Nomad Exchange and the Founder and President of Expat Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange and Digital Nomad Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.
Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.