How can a Thailand company purchase land?
What types of companies can purchase land in Thailand? Generally only Thai majority companies are given the right to purchase land in Thailand. Foreign majority companies registered in Thailand may, in certain circumstances, be given the right to own land for a short period of time by the Board of Investment (BOI). How does a Thai majority limited liability company allow foreigners to buy property? Buying property with a Thai majority limited liability company is fairly common for foreign investors. Over 50% of shares in a Thai majority company must belong to Thai shareholders. However, the Articles of Association can be written to allow greater protection for the foreign minority shareholders. Are Americans able to purchase land with an Amity Treaty company? No. Although the Amity Treaty affords Americans the right to own a majority of shares in a Thailand company, the Amity Treaty does not permit foreign majority companies to own land. What are the advantages and disadvantages of for
