ฉบับภาษาไทย: อ่านหน้านี้เป็นภาษาไทย
Can a foreigner buy a condominium in Thailand?
Short answer
Yes, in freehold, subject to the Condominium Act B.E. 2522: foreign owners may hold up to 49% of the total unit floor area of a registered condominium building, and the purchase money must be remitted into Thailand in foreign currency and evidenced by the receiving bank.
Two checks decide whether a transfer can complete. The juristic person must confirm the building's remaining foreign quota in writing — a building already at 49% cannot register another foreign name, whatever the seller promised. And the buyer must produce the bank's foreign exchange evidence (an FET form or credit advice, depending on amount) showing funds arrived from abroad in foreign currency and were converted in Thailand. Funds already sitting in a Thai baht account rarely satisfy this.
Beyond that, ask the juristic person for a debt-free certificate, check unpaid common-area fees, confirm who bears transfer fee, specific business tax and withholding tax in the sale agreement, and read the unit's registered floor area against the marketing brochure. Land and houses are a different question entirely — foreign land ownership is prohibited save for narrow statutory exceptions. Scope, turnaround and fees are confirmed by IVC staff by phone, LINE or email — this site does not publish prices.
Reviewed as of 2026-08-04. General guidance only, not case-specific advice and not a guarantee of outcome. Government fees, conditions and processing times are set by the responsible authority and can change. This site does not publish prices — please ask our staff.
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