Short answer: Yes, foreigners can buy freehold property in Thailand, but with some limitations-most notably on land ownership. What foreigners can own freehold. Condominiums - Foreigners can legally buy and own a condo in their own name, freehold, as long as: , The unit is in a registered condo building. , The total foreign ownership in the building does not exceed 49% of the total unit space. , The funds used to purchase are sent into Thailand in foreign currency and documented with a Foreign Exchange Transaction (FET) form.
Yes, foreigners can buy freehold property in Thailand, but with some limitations—most notably on land ownership.
✅ What foreigners can own freehold:
- Condominiums – Foreigners can legally buy and own a condo in their own name, freehold, as long as:
- The unit is in a registered condo building.
- The total foreign ownership in the building does not exceed 49% of the total unit space.
- The funds used to purchase are sent into Thailand in foreign currency and documented with a Foreign Exchange Transaction (FET) form.
❌ What foreigners cannot own freehold:
- Land or landed houses – Foreigners cannot own land outright under Thai law. To own a house, foreigners typically:
- Lease the land (30-year renewable lease), or
- Buy through a Thai company structure (with legal and tax oversight)