Yes. Buying a Condominium in Thailand is legally permitted for foreign nationals under the Condominium Act, provided the purchase complies with Section 19 of the Act and the building’s foreign ownership quota has not been exceeded.
Foreign ownership is limited to 49% of the total sellable floor area of all units in a condominium building. This is calculated by floor area, not by the number of units. Once the quota is fully used, additional foreign ownership registrations are not permitted unless ownership falls below the limit.
No. There are no restrictions based on nationality, and no specific visa type is required to purchase a condominium. Any foreigner who can legally enter Thailand may purchase a condominium unit, subject to compliance with the foreign ownership quota and fund remittance requirements.
To qualify for foreign ownership, the purchase funds must be remitted into Thailand in foreign currency from overseas. Upon transfer, the buyer must obtain a Foreign Exchange Transaction Certificate (FET) or equivalent bank confirmation, which is required to register ownership at the Land Office.
Yes. A condominium unit may be co-owned with a Thai national. In such cases, the foreign owner’s share must still comply with Section 19 of the Condominium Act, and only the foreign owner’s portion of the purchase price must be remitted from abroad and supported by an FET.
Yes. You can rent out your unit unless restricted by the condominium’s bylaws. Taxes must be properly paid. If the rental is operated as a business or involves short-term stays, additional legal requirements may apply.
Inherited condominium units are still subject to the foreign ownership quota. The foreign heir must qualify under Section 19 of the Condominium Act in order to register ownership. If the foreign quota has been exceeded, the heir may be required to dispose of the unit within the period prescribed by law.
No. Condominium ownership grants ownership of the unit and a proportional share of the common property, but does not include land ownership. Foreigners are generally prohibited from owning land in Thailand, except in very limited statutory cases.
As of 2025, there have been no major legal changes affecting the rules for Buying a Condominium in Thailand as a foreigner. The 49% foreign ownership quota remains in force, and nominee or workaround arrangements are strongly discouraged due to legal and compliance risks.
You should consult a legal advisor to verify all the property documents. We recommend performing a
Due Diligence procedure to confirm the ownership, title, and all material facts related to the property before completing the purchase.
While condominium ownership is one of the few property rights available to foreigners in Thailand, the process involves strict compliance with foreign exchange, quota, registration, and tax rules. Legal review helps ensure that the purchase structure is lawful, secure, and properly registered.
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