Foreign Condo Ownership Thailand: 2025 Legal Guide
- gentlelawlawfirm
- Jul 1
- 2 min read
Updated: Jul 2
Buying a condominium is one of the most accessible ways for foreigners to own property in Thailand. But foreign condo ownership Thailand presents legal requirements, taxes and potential risks. This guide provides a legally accurate, SEO‑prepared breakdown for 2025.
✅ Can Foreigners Own Condos in Thailand?
Under the Condominium Act B.E. 2522, foreigners have foreign condo ownership Thailand rights if:
The building is registered as a condominium
Foreign condo ownership Thailand remains under 49 percent of total unit area
Payment is remitted via foreign currency through an overseas bank with FET form documentation
🧭 Step‑by‑Step Foreign Condo Ownership Thailand Process
Step 1: Choose an eligible unit
Confirm registration with the Land Department, clear title deed and remaining foreign condo ownership Thailand quota.
Step 2: Hire legal representation
A Thai lawyer conducts due diligence, reviews sale agreement and oversees transfer at the Land Office.
Step 3: Sign reservation agreement
Make a deposit of THB 50 000–200 000 with clear refund terms.
Step 4: Transfer funds abroad
Remit payment via foreign currency to Thailand and obtain a foreign exchange transaction form as proof of foreign condo ownership Thailand.
Step 5: Execute Sale and Purchase Agreement
Include precise unit details, price terms, transfer date, and penalties.
Step 6: Transfer title
At the Land Office, register the unit, pay taxes (2 percent transfer, 3.3 percent SBT if owned under 5 years, 0.5 percent stamp duty, and withholding tax), and finalize foreign condo ownership Thailand legally.
⚠️ Common Pitfalls in Foreign Condo Ownership Thailand
Mistake | Consequence |
Not using foreign currency remittance | Cannot register ownership legally |
Exceeding 49 percent quota | Ownership transfer denied |
Skipping title due diligence | Hidden encumbrances or debt |
Buying from unregistered developer | No protection under Thai Condominium Act |
🛡️ How GENTLE LAW IBL Guides Your Foreign Condo Ownership Thailand
Our legal team supports clients by:
Verifying title deeds and condo registration
Drafting and reviewing agreements
Coordinating foreign currency transfers and FET forms
Representing clients at the Land Office
Advising on future resale, inheritance, and tax structures
Example: We helped a European investor secure a beachfront condo, transfer funds properly with FET documentation and register ownership in under two weeks.
🔚 Final Summary on Foreign Condo Ownership Thailand
foreign condo ownership Thailand can be safe, legal and efficient when you follow required steps, adhere to legislation and involve trusted legal experts. With GENTLE LAW IBL, you protect your investment and live with confidence.
📨 Contact GENTLE LAW IBL to begin your secure foreign condo ownership Thailand journey in 2025.
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