Thailand Property Law

Foreign Ownership

Thai Law generally restricts foreigners from buying or owning land under freehold title, however it is currently possible in the following circumstances:

• The Board of Investment (BOI) and the Industrial Estates Authority has power to permit promoted companies to own land for the purpose of the promoted business.
• Permission can be granted under the Petroleum Act for use in approved projects.
• Banks and financial institutes that have become foreign owned.
• A foreigner who invests at least 40 million Baht in authorized securities in Thailand may buy up to 1 rai (1600 sq.m) for residential purposes only of the owner and their family.

This does not cater for the majority of foreign investors. The following are legitimate ways for a foreigner to purchase a property interests in Thailand.