Foreigners are not allowed to own land in Thailand by law. If interested in buying, a foreign investor has two options: either a 30-year leasehold or purchasing the property through a limited company. Apartments can be purchased by foreigners as long as at least 51% of the building is owned by Thais.
A limited company is a faux solution..........
Apartments are majority owned and controlled by Thais, including yours, or you don't get one. Think about it.
I am for it. I think we should have such laws, to keep out riff raff.
Apartments are majority owned and controlled by Thais, including yours, or you don't get one. Think about it.
I am for it. I think we should have such laws, to keep out riff raff.
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