Thailand Real Estate Investments

Thailand Real Estate Law Center

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...]

Basic Thailand land Law for Foreigners

Thailand Real Estate Law Center

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...]

Thailand Company Registration

Thailand Real Estate Law Center

Thailand Law provides for several different types of business organizations. The regulations controlling establishing a business in Thailand are found in the Thailand Civil and Commercial Code. Special types of Business entities for foreigners (non-Thai nationals) in Thailand are provided for in laws such as the Board of Investment Act and the Foreign Business Act B.E 2542 (A.D. 1999). The most commonly used types of Company registrations in Thailand take on the following forms: Thailand … [Read more...]

Thailand Foreign Business License

Thailand Real Estate Law Center

A Thailand foreign company is a business entity which shares are majority-owned by non-Thai nationals or foreigners. Certain types of businesses are prohibited to be owned by non-Thai persons or activities if they are listed in the prohibited categories of Foreign Business Act. If the foreign company or entity seeks to conduct business in one of the prohibited categories of business, it must obtain a business license according to the provisions of the Foreign Business Act B.E. 2542 (A.D. 1999). … [Read more...]