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LAND
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LAND
Can a foreigner own a land in Thailand?
In general, foreign land ownership in Thailand is prohibited and a foreigner who personally or through an agent (nominee) violates foreign land ownership restriction is liable for fines and imprisonment stated under (section 111 Land Code Act).
However, a foreigner may have the rights to acquire a land under three conditions;
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Through marriage with a Thai national, thus the ownership of the land should be under the Thai spouse.
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Through an ownership of a company that is establish on the land.
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Through lease for a long term but will not exceed 30 years
Property ownership in Thailand is complex and for the better part unregulated, therefore it requires the use of property lawyer who can guide you through the process, for instance, if an alien wishes to acquire land and build a house , he/she should obtain a long term lease on the land A foreigner can safely acquire the right to use the land and register the right for a long term at the Land Department, this is somehow the preferred method of acquiring land through the process of leasehold since a foreigner cannot claim ownership over land as freehold.