If you are considering buying land in Thailand, consult us about the complex process of buying land in Thailand. Most expatriates place the land in the name of their Thai girlfriend or spouse without any legal protection in the event of a divorce or dispute happens.
Always ensure that your rights are protected in Thailand and that you do not lose your investment.
Thailand Real Estate has taken off in the past decade or so with more and more foreigners wishing to live in Thailand and making Thailand their second home. Many wish to own land here but before taking this step it is important to inquire or engage the services of registered lawyers in Thailand and, secondly, reputable estate agents when buying land.
Preparations for Diligent Buyers
Thailand does not use Western measurements for land. Use our online calculator to Convert Rai and Convert Rai to Square Meters
Once you have decided which land you are going to purchase, always consult a lawyer before signing any documents.
Foreigners may not own land in their name; however their Thai registered company may own the land. There are different forms of business entities in Thailand;
There are also tax considerations so check the Corporate Tax in Thailand if you are going to do more than own a house or need a Thai Work Permit.
Buying Thai real estate under a leasehold interest is a very popular and preferred way for foreigners to acquire property in Thailand.
Why is it the favored alternative?
An option to renew will not be automatic and an additional 30 year periods will depend on careful drafting and discretion of the Registrar at the Land Office.
A foreigner can buy land in Thailand if he is married to a Thai however there are limitations as follows:
There are basic guidelines that the law provides in the management of matrimonial assets and in this case, a skilfully drafted prenuptial agreement may help to minimize your risks as the non-Thai spouse.
For purchasers, we would do a title search and review the contracts before you sign it. For sellers, we can draft your contract and negotiate with the purchaser.
For our services, check the Property Services Section of our site
If you need any legal assistance, please leave a message and we will contact you as soon as possible.