{"id":85423,"date":"2023-02-23T10:31:12","date_gmt":"2023-02-23T03:31:12","guid":{"rendered":"https:\/\/www.franco-media.com\/?p=85423"},"modified":"2024-09-10T16:05:58","modified_gmt":"2024-09-10T09:05:58","slug":"can-foreigners-buy-a-house-in-thailand","status":"publish","type":"post","link":"https:\/\/www.franco-media.com\/en\/can-foreigners-buy-a-house-in-thailand\/","title":{"rendered":"Can Foreigners Buy a House in Thailand?"},"content":{"rendered":"<div class=\"wpb-content-wrapper\">[vc_row][vc_column][vc_custom_heading text=&#8221;Can Foreigners Buy a House in Thailand?&#8221; font_container=&#8221;tag:h1|text_align:left&#8221; use_theme_fonts=&#8221;yes&#8221; css=&#8221;&#8221;][vc_column_text]Foreigners are not allowed to directly own the land on which a house is built. However, they can purchase a house or villa along with the surrounding land through a Thai company, which is called Thai company freehold. In this scenario, the Thai company owns the property as an asset. Although foreigners cannot own more than 49% of a Thai company, lawyers usually set up a company where the remaining 51% is divided among many Thai nationals, allowing the foreigner to maintain control of the company.<\/p>\n<p>The foreigner will be the sole director who oversees all company actions. This is a legal practice and is often utilized by billion-dollar international business chains. If a foreigner purchases a property that is under Thai company freehold, the name on the title deed does not change, and the only modification is the name of the company director.<\/p>\n<p>By avoiding an actual name change on the cha-note, all parties involved can sidestep Thailand&#8217;s 6.8% property sales tax and transfer fees. Hiring an attorney is necessary to handle the paperwork, yet overall quite cost-effective. If a property is not under Thai company freehold, a new Thai company must be registered, which is relatively inexpensive at only 45,000 THB (approximately US$ 1500) with an annual running cost of approximately 20,000 THB. The company also allows the foreigner to acquire a Thai visa and work permit, which permits them to stay legally in Thailand. Owning an asset boosts the company&#8217;s credibility for future business transactions.[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column][vc_separator][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]<span><span><a href=\"https:\/\/www.franco-media.com\/en\/\">Home<\/a><\/span><\/span>[\/vc_column_text][\/vc_column][\/vc_row]\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Foreigners are not allowed to directly own the land on which a house is built. However, they can purchase a house or villa along with the surrounding land through a Thai company, which is called Thai company freehold. In this scenario, the Thai company owns the property as an asset. Although foreigners cannot own more than 49% of a Thai company, lawyers usually set up a company where the remaining&#8230;<\/p>\n","protected":false},"author":1,"featured_media":85348,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1869,1870,1868],"tags":[],"class_list":["post-85423","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-information","category-legal","category-real-estate"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.5 (Yoast SEO v27.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Can Foreigners Buy a House in Thailand? Phuket Realtors<\/title>\n<meta name=\"description\" content=\"Can Foreigners Buy a House in Thailand?\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.franco-media.com\/en\/can-foreigners-buy-a-house-in-thailand\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Can Foreigners Buy a House in Thailand?\" \/>\n<meta property=\"og:description\" content=\"Can Foreigners Buy a House in Thailand?\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.franco-media.com\/en\/can-foreigners-buy-a-house-in-thailand\/\" \/>\n<meta property=\"og:site_name\" content=\"Siam Info Guide by Phuket Francophone Magazine\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/phuket.francophone\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-02-23T03:31:12+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-09-10T09:05:58+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.franco-media.com\/wp-content\/uploads\/2023\/02\/House-for-sale-Phuket-Maison-a-vendre-5.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1350\" \/>\n\t<meta property=\"og:image:height\" content=\"900\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"francome\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@infophuket\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"francome\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.franco-media.com\\\/en\\\/can-foreigners-buy-a-house-in-thailand\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.franco-media.com\\\/en\\\/can-foreigners-buy-a-house-in-thailand\\\/\"},\"author\":{\"name\":\"francome\",\"@id\":\"https:\\\/\\\/www.franco-media.com\\\/en\\\/#\\\/schema\\\/person\\\/139b81e0439b5ce4a6a782469a5c9cfd\"},\"headline\":\"Can Foreigners Buy a House in Thailand?\",\"datePublished\":\"2023-02-23T03:31:12+00:00\",\"dateModified\":\"2024-09-10T09:05:58+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.franco-media.com\\\/en\\\/can-foreigners-buy-a-house-in-thailand\\\/\"},\"wordCount\":314,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.franco-media.com\\\/en\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.franco-media.com\\\/en\\\/can-foreigners-buy-a-house-in-thailand\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.franco-media.com\\\/wp-content\\\/uploads\\\/2023\\\/02\\\/House-for-sale-Phuket-Maison-a-vendre-5.jpg\",\"articleSection\":[\"Information\",\"Legal\",\"Real Estate\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.franco-media.com\\\/en\\\/can-foreigners-buy-a-house-in-thailand\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.franco-media.com\\\/en\\\/can-foreigners-buy-a-house-in-thailand\\\/\",\"url\":\"https:\\\/\\\/www.franco-media.com\\\/en\\\/can-foreigners-buy-a-house-in-thailand\\\/\",\"name\":\"Can Foreigners Buy a House in Thailand? 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