Page 7 - The Riverside Residence V2
P. 7
NISASIRI GROUP
Foreigners guide to buy property
in Thailand
01 02 03 04
Condominiums: Leasehold: Thai Limited Company: Investment:
Foreigners can own A long-term lease up Setting up a Thai Investing a significant
condominium units to 30 years for land, company with majority amount (e.g., 40 million baht)
outright, limited to which can be renewed. Thai ownership (51%) in Thailand may allow owning
49% of the total unit This allows ownership allows foreigners to up to 1 rai( 1600 sqm) of land
space in a building of buildings or villas on own up to 49% and for residential use, subject to
the leased land buy property through approval
the company