WebIn effect, the property purchased must be part of the 49% of the project that can be owned by foreigners. For example, in the case of 100 equal apartment units in a condominium, … WebDec 1, 2009 · The treaty of amity allows Americans to own 100% of their firms in restricted businesses. However, they are not classed as Thai firms, and thus are still not allowed to …

Can U.S Citizens Buy Property in Thailand? - Silk Estate

WebLet’s be clear from the start, Americans and other foreigners can not buy land in Thailand; it is prohibited. This also means U.S. foreigners cannot own buildings like houses, townhouses or a villa, as they are considered … WebAug 22, 2024 · The Thai government allows any foreign individual to hold a 49% share in any living space such as a condo, hotel, or luxury property as long as the rest of the shares are owned by Thai individuals. This not … rayareshwar tourism

How to Buy Property in Thailand: The Ultimate Guide

WebDec 27, 2006 · A friend told me that it's possible for an American to own up to 1 rei (about 1/3 acre?) of land in his own name, that this law is a relic of the Vietnam war and it is still valid. Is this really true? My German wife and I are considering building a little retirement house in Thailand. WebStep 2: Setting up Your Thai Company. Once you have decided which house you are going to purchase, always consult a lawyer before signing any documents. Foreigners may not own a house in their name; however, their Thai registered company may own the house. There are different forms of business entities in Thailand. WebOption 1: Setting up Your Thai Company. 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; The most commonly used is a Thai ... simple offline database software