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Property
Property
Category: Thailand
Group type: Private group (Help)
Founded: _day_of_6
Location: Thailand,
Members: 1
Group title: Forenterprie Properties
This is a very brief explanation regarding owning property in Thailand. A foreign national may own a Condominium in his own name providing:
1/ You have a Non-Immigrant Visa (NOT a tourist visa)
2/ The funds used to purchase the property comes from abroad
3/ You have a Thai bank account (you will require a TorTor Sam)
4/ You can own a car or motorbike (but you will need a Non-Immigrant visa)
5/ You can own a condo in your own name
6/ You can own a house but NOT the land.
Foreign nationals cannot own land in Thailand. If you wish to buy a house, there are ways to secure your (land) investment but you will need to seek the advice of a good lawyer.
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