What are the different ways of buying or owning land or property in Thailand ?
2.1 Land leases : Although Thailand property law largely restricts land ownership rights to citizens, foreigners may hold 100% interest in a Thailand land lease. Thailand lease law allows a 30-year maximum lease period, with the possibility of renewing the lease for additional 30 year periods. 2.2 Company Ownership : Thailand registered companies with majority Thai ownership are able to purchase land in Thailand. Foreign companies may also be able to purchase land or property for a limited period with approval from the Board of lnvestment. 2.3 Investment : Thai property law may allow foreigners to own a limited amount of land based on investment of 40 million baht for five consecutive years, provided that the land is used for residential purposes 2.4 Thai Spouse : A Thai Spouse of a foreigner may be allowed to buy land or property in Thailand in his or her own name. However the married couple may be asked to sign declarations at the Land Department to state that the property belongs to
