Real estate and real property in Thailand are good investment prospects for foreigners either for business or retirement purposes. However, Thailand’s Land Law is quite restrictive when it comes to property ownership by foreign nationals. Interestingly, Thai Land Laws have certain exceptions to the prohibitive provisions on land or property ownership of aliens (foreigners) in Thailand.
Generally, foreigners are not allowed to own freehold land in Thailand. Holding an investment in Thailand entitles the foreigner to a right to acquire land or property under the following conditions: more