Short answer: Yes, a foreigner can buy a house in Pattaya, but it’s important to understand how the process works, especially since foreigners cannot legally own land outright in Thailand. Here are the main ways foreigners can buy a house in Pattaya.
Yes, a foreigner can buy a house in Pattaya, but it’s important to understand how the process works, especially since foreigners cannot legally own land outright in Thailand.
Here are the main ways foreigners can buy a house in Pattaya:
- Leasehold: You can lease the land the house sits on for up to 30 years, with options to renew. You fully own the house itself, just not the land. This is a common and legally safe route.
- Thai Company Ownership: You can set up a Thai limited company (with Thai majority shareholders on paper) to legally own the land and house. This is a more complex structure and should only be done with expert legal guidance.
- Spousal Ownership: If you're married to a Thai national, the land can be purchased in their name. However, you’ll need to sign a declaration confirming it’s your spouse’s property and not yours.
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