Legal information - properties for sale and for rent in Phuket
Buying land in Thailand
Normally the Thai law does not allow a non-Thai person to own a plot of land in his name but does allow him to own a building.
A Foreigner can “own” land by his Limited Company name or purchase the land for 30 years (Leasehold)and have an option to extend the lease for a further 30 years.
For further information with regard to the above you can click on the following Title “Acquisition of Land by Alien”
Acquisition of Land by Alien
Condominium Purchase in Thailand
A Foreigner can buy a condominium in his name (Freehold) or purchase the condominium (Leasehold) or“own” the condominium in his Limited Company name.
For further information with regard to the above you can click on the following Title “Acquisition of Condominium Unit by Alien”
Acquisition of Condominium Unit by Alien
Land ownership in Thailand has three main types of Title Deed
Chanote (Nor Sor 4) Full/complete Title Deed (The best option).
Nor Sor 3 Gor Title Deed, the land needs only to be measured and the Title Deed will be upgraded to Chanote (The next option).
Nor Sor 3, the land need measurement and boundary demarcation than the Title Deed will be upgraded to Chanote (The last option).
For any information required on owning /buying a business, working in Thailand please click on the Titles below :
- Accounting Act, B.E. 2543 (2000)
- Public Limited Company Act B.E.2535
- Working of Alien Act B.E. 2551 (2008)
All the above Titles and text are taken from the “Ministry of Land Department” website at www.dol.go.th which was updated on the 1st January 2011, for a more recent update please go to the afore-mentioned website.
Disclaimer
All the legal information provided on this website is for information purposes only, we are not intending to be legal adviser or lawyer we recommend our online readers/customers to seek professional consultation before buying or purchasing property in Thailand.
mobil +66 818952890
office +66 76281486
fax +66 76281487
Hello Rafi,
How are you? Well after a long travel from Phuket we finally arrived back in france, we have been back two weeks now and are missing Phuket terribly. Its so different here, too busy for me LOL. Joce is back at work and I am waiting to start, Siam is ok, yesterday we looked at some photos of the house in Nai Harn Phuket and he said "go back their" LOL. I wanted to tell you and Joce reminded me too late, we did break something, it was the outside plant pot near the sliding doors, it was an accident but we will resolve it with you when we come back and replace it or pay for the replacement, with all the rushing and planning it is something I forgot, not intentionally. I hope everything is well with you, please stay in touch. Thanks again for everything, we loved every moment of the house in Phuket and it was a pleasure to meet you.
Take care and see you soon.
Lisa, Joce and Siam x
