Investing in Thailand’s land and property market can be somewhat tricky for foreign developers/investors. First of all, the Land Code imposes a restriction on foreign ownership. Legally speaking, a foreign citizen, foreign entity or foreign-owned entity cannot own any immovable property in Thailand.

Of course, there are exceptions in certain circumstances, i.e. ownership in condominium, BOI promoted company, land ownership in an industrial estate and investor with Baht 40 million investment in Thailand. Use of these exceptions is complicated and ought to be advised by experienced Thai real estate attorneys.

NARIT & Associates advises the clients on acquisition, development, lease and disposition of real estate, zoning, and financing of real estate. Moreover, we also advise on use of land holding company for foreign investors/companies. We provide full-scale real estate services to the clients.

As an independent law firm, we bring you fair and independent professional advice to your decision making. Unlike real estate brokers who earn commission upon closing of a deal, NARIT & Associates is committed to remaining independent in counseling our real estate clients as we do not take any commission.

We can assist with