THAILAND
Can Foreigners Buy Property in Thailand?
Condos — yes · land — no · June 2026
The 49% quota, 30-year leases, and reforms still on the drawing board
49%
condo foreign quota
max share of floor area
30
years of lease
legal maximum; renewals not guaranteed
1,600 m²
investor exception
with THB 40M+ invested (BOI)
46,000+
companies under review
nominee crackdown since 01/2026
What foreigners can hold
CONDO
Full freehold: within the 49% quota, registered at the Land Office
VILLA
The house is yours: building owned, land leased for 30 years
LAND
Prohibited: narrow exceptions — BOI, inheritance, Thai spouse
NOMINEES
Illegal: proxy shareholders face audits and forced sales
Reforms: discussed, not passed
In force today
30-year leases · 49% quota
law
99-year leasehold
developer-backed initiative
draft bill
75% quota
under government discussion
draft bill