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Can a foreign national buy land in Thailand?

April 26, 2017buy foreign land National Thailand

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Can a foreign national buy land in Thailand?

1 Answer

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The answer straight out is No. Furthermore, they cannot own more than 49% of the shares in a Thai company that owns freehold land. Recent press reports concerned certain parties who tried to find loopholes in this system: loopholes that it is expected will be closed in the future.