Land purchase in Thailand

This is a short description of the options a foreigner has to purchase a plot of land or properties. For more details and changes to the law, contact a lawyer.

A foreigner has the right to only own buildings; if he wishes to purchase a property
he has 2 options.
The property is purchased on 30 year leasehold, with an option
to extend for another 30 years period.
A foreigner with a limited company can purchase a freehold of the land,
the land is then owned by the company and not by a person.

Land title deeds

There are 3 land titles in Thailand which allow foreigners to own and build on land.
These are: Nor.Sor 3, Nor.Sor. 3 Gor and Chanote.

Nor. Sor. 3
The lowest is Nor.Sor.3, by law the person holding Nor.Sor. 3 has the legal right
to possess the land. It is issued for a specific land plot and should not be connected
to other land plots, because this may cause problems verifying the land size and location.

Nor. Sor. 3 Gor
Nor.Sor. 3 Gor is the same legal land title, but has parcel points on the land map.
The points are set by aerial survey, so it is possible to verify land around this plot.
This land plot can be divided into smaller plots.

Chanote
This land tilte deed is a certificate of ownership. The owner has their name shown on the deed and legally owns it. The land has been issued by using GPS to set the boundaries of the land. This is the most secure land title.

Condominium

A condominium is the easiest transaction, the Thai law allows forreigner
to hold 49 % ot the units in a condominium on freehold basis.

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