Log in or register
Share on LinkedInShare on LinkedIn

ARTICLE · 23 JULY 2025

Multilaw Real Estate Guide 2025 – Thailand

Tilleke & Gibbins
Tilleke & Gibbins
Contributor
Tilleke & Gibbins

Tilleke & Gibbins

Tilleke & Gibbins has been present in Vietnam since 1992, when it became the first foreign law firm...

View firm profile
Explore more from Tilleke & Gibbins

Foreign nationals (individuals and companies) are prohibited from owning land, unless they obtain permission from the relevant governmental authorities (e.g., BOI, IEAT, etc.).

ThailandReal Estate and Construction
Chaiwat Keratisuthisathorn
Chaiwat Keratisuthisathorn
Nathat Chongcharoenphanich
Nathat Chongcharoenphanich
Author LinkedIn connections

Restrictions

Can anyone (including foreigners) own and occupy real estate in your jurisdiction (including shares in property owning companies)? Are there any restrictions?

Foreign nationals (individuals and companies) are prohibited from owning land, unless they obtain permission from the relevant governmental authorities (e.g., BOI, IEAT, etc.). A company registered in Thailand will be regarded as a Thai company and may own land if at least 51% of its shares are held by Thai nationals, and no less than half of its total number of shareholders are Thai nationals.

Foreign nationals are allowed to own condominium units, if they are qualified under the Condominium Act B.E. 2522 (1979) and the foreign ownership does not exceed 49% of the total area of all the condominium units in the project, and the foreign purchaser presents the requisite evidence specified by the Department of Land.

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

Register for freeORLog in

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

View source

Related Articles

Legal Intelligence Newsletters: sign up for the latest legal and regulatory news on your chosen topics

Read more about

Related Comparative Guides

See more popular content from

Article

Vietnam’s New Forced-Labor Import Ban: How Should Businesses Respond?

Vietnam has introduced a new prohibition on importing goods produced through forced labor under Decree No. 292/2026/ND-CP, effective September 5, 2026. While the Ministry of Home Affairs has yet to publish implementing guidance, businesses face immediate legal exposure and must establish internal controls, supply-chain safeguards, and remediation procedures to manage forced-labor risks across their operations and commercial relationships.
VietnamInternational Law
Tilleke & Gibbins
Tilleke & Gibbins
Article

Thailand Releases New Draft PDPA Guidance On Lawful Bases And Marketing

Thailand's data protection regulator has published draft guidance on lawful bases for processing personal data and marketing practices under the PDPA. The guidance introduces a five-step process for selecting lawful bases, emphasizes separating marketing consent from core services, and addresses AI-driven marketing transparency. Organizations processing personal data in Thailand face new expectations around accountability, consent management, and documentation of compliance efforts.
ThailandPrivacy
Tilleke & Gibbins
Tilleke & Gibbins
Article

Vietnam’s New Drug Registration Regulations To Reduce Administrative Burden

Vietnam's Ministry of Health has issued Circular No. 32/2026/TT-BYT, introducing significant reforms to the drug registration process that will take effect on October 1, 2026. The new regulations establish a five-year data exclusivity period for new drugs, simplify requirements for foreign legal documents, and introduce a re-examination pathway that could reduce administrative burdens for pharmaceutical companies.
VietnamFood, Drugs, Healthcare, Life Sciences
Tilleke & Gibbins
Tilleke & Gibbins
Article

Thailand Advances National Policy Framework For Data Centers

On September 4, 2026, Thailand’s prime minister convened the first meeting of the Data Center Business Policy Committee. The committee endorsed a draft policy framework for the data center industry and tasked four subcommittees with developing the standards that would sit beneath it, shifting away from fragmented, agency-by-agency approvals toward a unified national strategy aiming to maximize economic value while managing environmental and infrastructure concerns.
ThailandMedia, Telecoms, IT, Entertainment
Tilleke & Gibbins
Tilleke & Gibbins