Can foreigners buy land in Thailand?
Foreigners can buy land in Thailand under certain conditions. According to Thai law, foreigners are not allowed to own land in Thailand outright. However, there are legal ways for foreigners to purchase land in Thailand.
One common method is through setting up a Thai company that is majority-owned by Thai citizens. The company can then purchase land and the foreigner can lease the land from the company. Another option is to purchase a condo unit, as foreign ownership of condos in Thailand is allowed up to 49% of the total floor area of the building.
It is important to seek legal advice and ensure that all transactions are done in accordance with Thai laws and regulations to avoid any potential issues or complications.
