Can Foreigners own the houses or lands or other properties in Thailand?

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Can Foreigners own the houses or lands or other properties in Thailand?

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Informative Article Summary by Anny Redperz Many many questions about property in Thailand – Are foreigners allowed to own land in Thailand? – How can foreigners own land in Thailand? – Can the Thai spouse of a foreigner own land in Thailand? – Can a foreigner own a condominium unit in Thailand? – Can a foreigner own a house under a long-term renewable lease in Thailand? – Get Mortgage? Below are your final comprehensive solutions Q: Isn’t it against the law for a foreigner to own a house in Thailand? A: A foreign person or entity cannot directly own land in Thailand per Thai law. That means a foreigner can directly own a condo for example, since owning a condo doesn’t imply land ownership. Recently I’ve heard that all condo developments (again) have to be 51% owned by Thais, so this means you may or may not be able to by a condo in your name, depending on the percentage makeup of the other owners. As far as a house, it is possible for the foreigner to own the house itself, but not the

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