Chaninat and Leeds assists clients in all areas of the real estate market in Thailand. Generally, investors come into two classes: Individual investors and Commercial Investors. Individual Investors Due to the restriction on foreign ownership of land in Thailand, individuals are generally restricted to owning condominium units within the quota set aside allowed for foreign ownership, and in addition, foreigners are permitted to leases on real estate, minority positions in limited … [Read more...]

There is no freehold ownership of real estate offered to foreigners in Thailand. The Thailand Civil Commercial Code prohibits foreign nationals to own a land in Thailand pursuant to the Land Code Act B.E 2497 (1954). However, foreigners are given the same property rights as Thai nationals under the following special conditions: Foreign ownership under treaty provision Section 86 of the Thailand land code Act states that “foreigners may acquire land by virtue of the provisions of a … [Read more...]