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Owning property in Thailand

After purchase, foreign property owners face ongoing obligations across immigration, juristic compliance, tax, and estate planning. The legal reality is narrower than marketing suggests but clear when you follow Land Code and Condominium Act rules.

Property and visa are separate systems. See our property hub for purchase paths and buying property guide for the complete ownership overview updated June 2026.

Land ownership
Prohibited

Direct foreign land ownership barred under Land Code with narrow BOI exceptions.

Condo freehold
Recommended default

Registered under Condominium Act within 49% foreign quota per building.

Leasehold max
30 years registered

Renewal periods are contractual, not automatic statutory rights.

Property vs visa
Separate systems

Purchase does not grant visa, PR, or citizenship by itself.

Ownership structures compared

Foreigners can own property in Thailand through several lawful structures. Each carries different rights, costs, and compliance burdens registered at the Department of Lands.

StructureDetail
Freehold condominiumFull unit ownership with FET remittance; title at Land Office; clearest foreign path
Registered land leaseUp to 30 years use of land; common for villas; renewal clauses need lawyer review
Superficies / usufructCivil Code rights to own structure or use land; specialised estate planning tool
Thai limited companyLand via company only with legitimate business; nominee shareholders illegal
Nominee structuresCriminal risk; widely prosecuted; never use for land hiding

Ongoing owner obligations

Ownership does not end at Land Office transfer. Follow this compliance sequence throughout your hold period.

1

Confirm lawful ownership structure

Verify you hold freehold condo, registered lease, or other lawful interest. Reject nominee and unregistered schemes.

2

Maintain immigration compliance

Property ownership does not replace visa. Keep lawful long-stay status and TM30 reporting current.

3

Pay ongoing property costs

CAM, sinking fund, lease rent, or property tax as applicable to your structure.

4

Comply with building bylaws

Condo owners bound by juristic rules on rental, renovation, and common area use.

5

Keep purchase documentation

Store FET forms, SPA, title deed, and lease registration for resale and estate purposes.

6

Update Thai will and estate plan

Name beneficiaries for Kingdom assets. Coordinate with home-country estate planning.

Compliance checklist

Review annually with your lawyer. Arrears and missing documentation block resale and complicate probate for heirs.

  • Title deed or registered lease stored with lawyer copy on file
  • FET documentation retained for condo freehold purchase
  • Valid long-stay visa maintained separately from ownership
  • CAM and juristic fees current on condominium units
  • Thai will drafted covering all Kingdom property interests

Property and visa are linked practically

Retirement visa bank balances, marriage visa rules, and Elite long-stay each interact with property plans differently. Browse our visa services alongside ownership compliance.

Ongoing costs by structure

Budget beyond purchase price. Tax obligations follow Revenue Department guidance if you are tax resident with rental income.

Cost typeDetail
CAM / sinking fundMonthly and periodic levies on condominium ownership
Lease rent / premiumFront-loaded or annual payments on registered land lease
Property / rental taxMay apply if tax resident with rental income or applicable local taxes
Company complianceAccounting, audit, and tax filing if property held via Thai company
Transfer fee on sale2% on registered value at Land Office when you exit

Condo owners: read our owning a condo guide. Leasehold owners: see property leases guide.

Common owner mistakes

These pitfalls appear in disputes long after purchase. Early compliance and estate planning prevent most problems.

  • Assuming property ownership grants visa or permanent residence
  • Using nominee Thai shareholders to hold land through a company
  • Letting CAM or lease obligations fall into arrears before resale
  • No Thai will for Kingdom assets held only in home-country estate plan
  • Visa overstay while holding registered property complicating sale

Frequently asked questions

General answers for foreigners owning property in Thailand. This is orientation, not legal advice for your specific holdings.

Q:Can foreigners own land in Thailand?

A:No direct foreign land ownership under Land Code. Use condo freehold, registered lease, superficies, or usufruct lawfully.

Q:Does owning property qualify for visa or PR?

A:No automatic link. PR investment categories exist but are distinct from standard condo purchase.

Q:What is the best structure for foreigners?

A:Freehold condominium within foreign quota is the recommended default for most expat buyers.

Q:Can I hold property through a Thai company?

A:Only with legitimate business operations. Nominee company land ownership is illegal and prosecuted.

Q:What ongoing costs should I budget?

A:CAM, sinking fund, lease payments, tax, insurance, and company compliance depending on structure.

Q:Do I need a Thai will?

A:Strongly recommended for assets in Thailand. Home-country will may not control condo or leasehold efficiently.

Q:Can I rent out my property?

A:Condo rental subject to bylaws. Leasehold villa rental depends on contract. Tax may apply on rental income.

Q:How do I sell property in Thailand?

A:Transfer at Land Office with clean title, cleared fees, and buyer qualifying for foreign quota on condo resale.

Official references