How to obtain ownership of property in Thailand?
It exists several ways to own land on a freehold or leasehold basis. In the latter case, the leasehold contract applies the thirty-year renewable basis (30+30+30). LAND OWNING LAWS IN THAILAND The purchase of land is based on a 30-year leasehold. According to Thai law, a foreigner cannot own the land in his name. His has the right to own merely buildings. However, there are two options available for a foreigner who wants to buy land to build a property. The purchase of land is based on a thirty-year leasehold. The option to lengthen the lease for further thirty-year periods is also possible. The tenancy of the land is guaranteed by the legal fact that the property holds the land. Nevertheless, the landlord does not have the right to take hold of the property once the lease expires, given that the property is not part of the land. If a foreigner wishes to run a business in Thailand, he can buy the freehold of the land under the name of his Limited Company. In this case, it is the Compan
