Foreign ownership in Thailand follows a regulated and well established framework.
Foreigners can acquire freehold ownership of condominium units, within the legal limit allowing up to 49% foreign ownership in a condominium.
Land ownership is not permitted for foreigners. Villas and landed properties are therefore typically accessed through long term leasehold structures, commonly registered for up to 30 years. Renewal options may exist depending on the contractual structure, but are not guaranteed under Thai law.
Each option carries specific legal and practical implications depending on the asset, the location and the intended use.
Our role is to guide you toward a structure that is both compliant and aligned with your objectives.
The acquisition process is structured and straightforward when properly managed.
It follows a clear sequence. Reservation of the unit, signing of the sale and purchase agreement, staged payments for off plan properties, and final transfer of ownership at the Land Department.
For foreign buyers acquiring freehold condominium units, funds must be transferred into Thailand in foreign currency and properly documented through the Foreign Exchange Transaction process, which is required for ownership registration.
In certain cases, mechanisms such as escrow arrangements or contract reassignment prior to completion may be available, depending on the project and the developer.
Each step is coordinated to ensure clarity, compliance and alignment with the agreed timeline.
Each opportunity is reviewed before being presented.
This includes verification of land title and ownership rights, legal structure of the project, developer track record, construction status, permits and key contractual terms.
The objective is not only to confirm that a project is legally compliant, but that it is coherent from an investment and execution perspective.
Not everything should be offered. Only what deserves to be.
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Transaction costs in Thailand are defined by regulation and are generally transparent.
They include a transfer fee of 2% of the registered value, along with withholding tax and either stamp duty or specific business tax depending on the holding period and the profile of the seller.
The allocation of these costs between buyer and seller is subject to agreement and may vary by transaction.
Ongoing costs are defined in advance and include maintenance fees and, for condominiums, sinking fund contributions.
Rental income is subject to personal income tax in Thailand. Effective taxation depends on the ownership structure, applicable deductions and income level.
All financial elements are outlined upfront to ensure full visibility prior to commitment.