General Ownership FAQ

No, according to Thai law, foreigners married to Thai nationals cannot own land in Thailand or have ownership interest in jointly owned marital property. Yes, the Land Department allows a Thai national married to a foreigner to own land as personal property after a joint statement with the foreign spouse declaring that the money used…

A Usufruct contract is an agreement that grants the right to use or occupy another person’s real property for a specified term, typically up to 30 years or for the duration of the grantee’s life, whichever is shorter. In Thailand, a Usufruct gives the holder the right to use and manage a property during their…

It was common practice for foreigners to form Thai companies to purchase land or condominiums beyond the foreign ownership quota in Thailand. This allowed them to legally acquire properties as long as the company had majority Thai shareholdings. Yes, the government is now restricting the illegal use of Thai companies and nominee shareholding structures by…