stipulates that a foreigner may not own land
in his name, he has the right of ownership of
buildings only. If a foreigner wishes to purchase
land to build a property he has 2 options;
land is purchased on a 30 year leasehold,
with an option to extend the lease for
further 30 year periods. Possession
of the land is assured by virtue of
the fact that the property occupies
the land. The lessor cannot seize the
property upon expiration of the lease,
as the property is separate from the
If a foreigner
is going to operate a business in Thailand
then he may purchase the freehold of
the land through his Limited Company.
Details on forming a Thai Limited Company
can be found here <Click
Here>. The land will
be owned by the Company, not the individual.
There are many different
types of land titles in Thailand, the majority
of which do not allow for the legal right to
build on that land. At Asialand we only recommend
3 land titles;
SOR 3 ; This is the lowest
land title which allows for legally
building a property, but is not ideal
as the land is measured approximately.
There are no markers to indicate the
boundaries of the land.
SOR 3 GOR ; This land has been
measured using aerial survey to set
the points and land area. This land
can be sub-divided into separate plots.
( land title deed ); This land
has been accurately measured using GPS
to set the area and boundaries of the
land. The boundaries of the land are
indicated by numbered gets.
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Business in Phuket; Business in Thailand; Phuket rentals;
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Do not hesitate
to contact us for more details.
We speak: English and
Thai [ FOREIGN MANAGEMENT ] To contact us click here
2005-2017 Phuket Island Real Estate; all
25 Karon Road, Karon Beach, Karon, Muang, Phuket 83100, Thailand. | tel: 076 - 333 076
fax:076 - 333 077 | mobile: 081-415 7774 | e-mail : firstname.lastname@example.org