thailand
Ask question

Can foreigners buy land in Thailand through a registered company?

Thai property lawsForeign ownershipBuying land in ThailandLegal advice for expatsReal estate investmentRice whiskey manufacturing in Thailand
Jan 11, 2024
10 months ago
Sopan *********
ORIGINAL POSTER
What does freehold property mean?

Can I as a foreigner

1. Buy land with a company regd in thailand?

2. What is the legal position in the above situation?

3. Am I (thag company) allowed to sell such land?

4. Anyone knows anyone who is into Rice Whiskey Manufacturing?
1,974
views
1
likes
51
all likes
25
replies
2
images
13
users
TLDR : Answer Summary
The conversation discusses the legality of foreigners owning land in Thailand through a registered company, indicating that it is generally considered illegal. Several comments highlight concerns about legal repercussions related to these actions, while others suggest consulting legal experts for accurate information. Additionally, there is mention of a distillery in Phuket related to rice whiskey manufacturing.
Norbert ***********
The company can buy the land and put it in the landofficepaper(schanod)and you rent it for 2x 2 pr 30y.
10 months ago
Like
Reply
Steve **********
Simply......Don't

you'll hear all the cons. loopholes etc....Don't
10 months ago
Like
Reply
Frank **********
You need OJ Simpsons lawyer.
10 months ago
Like
Reply
Sam ******
This legal site has the info you need (nothing to do with me- just has info you need):
*****************************************
10 months ago
Like
Reply
Neil ********
@Sam *****
 great article and correct.
10 months ago
Like
Reply
Reply to
Neil ********
Reply
Steve *******
correct.
10 months ago
Like
Reply
Richard ********
Get a good lawyer
10 months ago
Like
Reply
Michael ********
There is a good distillery in Phuket and they used to do tours. Very well operated.

*********************************
10 months ago
Like
Reply
Stephen ********
@Michael *******
10 months ago
Like
Reply
Michael ********
@Stephen *******
 No its a distillery and a well operated one. Do you realise the process is the same. If i was going into this buisness i would take the opportunity to look at a good set of equipment. You can get basic distilling equipment off lazada for couple thousand baht but its not the same.

I could easily make a set up out of kitchen equipment but again its not the same
10 months ago
Like
Reply
Reply to
Michael ********
Reply
Sam *********
nasty product to be honest
10 months ago
Like
Reply
Michael ********
@Sam ********
 I dont drink but being steam engineer i was interested in the equipment
10 months ago
Like
Reply
Reply to
Michael ********
Reply
Sopan *********
ORIGINAL POSTER
@Michael *******
 looks good 🤔🤔 let me check it out more
10 months ago
Like
Reply
Reply to
Sopan *********
Reply
Michael ********
10 months ago
Like
Reply
Brandon ************
Creating a company to own property as a foreigner is illegal, because foreigners cannot own property. Many people will say it's legal, but all you have to do is look at the news to see the crackdowns on this exact situation that have been happening.
10 months ago
Like
Reply
Norbert ***********
@Brandon ***********
 iam not the owner,the company is the owner.Iam the Renter of the land!!!
10 months ago
Like
Reply
Brandon ************
@Norbert **********
 the COMPANY is illegal
10 months ago
Like
Reply
Reply to
Brandon ************
Reply
Norbert ***********
@Brandon ***********
 A set up company can Buy land and register it on the landoffice,you ate the generalmanager,you can Rent it from the company.
10 months ago
Like
Reply
Brandon ************
@Norbert **********
 still illegal since it's going to use nominees
10 months ago
Like
Reply
Reply to
Brandon ************
Reply
Kool *******
@Brandon ***********
 that is dealing with nominee shareholders to circumvent the business ownership requirements of regular businesses only being 49% foreign owned. Land speculation, and ownership, is not illegal, as long as the business structure is above the board, with the correct shareholder ratios. A foreign individual can not own land, but a legal corporation can.
10 months ago
Like
Reply
Brandon ************
@Kool ******
 the 2 issues are basically the same, since the foreigners who want to own their house don't want the company they created to skirt the law and own their house to be 51% owned by Thai directors.
10 months ago
Like
Reply
Kool *******
@Brandon ***********
 that's why the voting rights of the stocks issued are important now.
10 months ago
Like
Reply
Neil ******
@Kool ******
 the Thai shareholders are nominees unless the company is engaged in actual business and the shareholders are all realizing profits/losses. If the company has been formed solely to hold the property, it will always be as Brandon says.
10 months ago
Like
Reply
Reply to
Neil ******
Reply
Sopan *********
ORIGINAL POSTER
@Brandon ***********
 hmmmm Interesting 🤔🤔
10 months ago
Like
Reply
Brandon ************
@Sopan ********
 there are entire law firms who only setup these companies for foreigners to own property. Of course they're going to tell everyone it's legal, because it's how they make their money.

************************************************************************************************************************
10 months ago
Like
Reply
Reply to
Brandon ************
Reply
Thai Visa Advice and Everything Else
... members · 60% approval rate
The Thai Visa Advice And Everything Else group allows for a broad range of discussions on life in Thailand, beyond just visa inquiries.
Join the Group
Thai Visa Advice and Everything Else
View the Conversation
Thai Visa Advice and Everything Else
Can foreigners buy foreclosed properties in Thailand and how does the Thai Elite visa affect this?
3 comments
4 months ago
What is the easiest process for an expat to open a company in Thailand and use it to buy a house while complying with the law?
64 comments
6 months ago
Can ownership of a condo in Thailand be changed between foreigners and Thais or to a company?
36 comments
6 months ago
What are the options for foreigners to buy a house in Thailand, particularly in Pattaya?
215 comments
7 months ago
What agency can help me set up a company in Thailand for renting houses and obtaining a work permit?
2 comments
8 months ago
Can a foreigner fully own a business in Thailand or is it limited to 49% ownership?
3 comments
9 months ago
What can business owners do without a work permit in Thailand?
12 comments
9 months ago
Can a foreigner lease or buy land in Ko Phangan for building a rental property?
141 comments
9 months ago
What are the risks of owning property in Thailand through a Thai company?
3 comments
a year ago
What are the benefits and pitfalls of purchasing property in Thailand as a foreigner?
70 comments
2 years ago
Can foreigners buy property in Thailand for a long-term visa?
31 comments
2 years ago
What can a farang legally do when operating a business with a Thai partner in Thailand?
33 comments
2 years ago
Can foreigners on a Retirement visa buy land or houses in Thailand?
29 comments
2 years ago
What should expats consider before buying a house in Thailand?
80 comments
2 years ago
Does the purchase price of property in Thailand include the lease for the land?
32 comments
3 years ago
What are the best attorney recommendations for verifying legal issues in Chiang Mai real estate transactions?
4 comments
3 years ago
What are the options for foreigners interested in owning land in Thailand?
16 comments
3 years ago
Which companies can assist with foreign company registration in Thailand?
8 comments
3 years ago
Can Americans buy land or property in Thailand through a privately owned company?
17 comments
4 years ago
Can you buy a condo in Thailand under a foreign name without being in the country?
33 comments
4 years ago
What are the risks and considerations of building a house on land leased from a Thai spouse?
67 comments
4 years ago
What recent government actions are being taken against Thai companies with nominated shareholders?
1 comments
5 years ago
Can my uncle open a business in Thailand under his name with just a business license and tax file?
7 comments
6 years ago
Can I become a co-owner of a company in Thailand without a work permit and dependent visa?
3 comments
7 years ago
What are the procedures and laws for foreigners purchasing a home in Thailand?
18 comments
7 years ago
Data protection policyTerms and conditionsDisclaimerPrivacy policyRefund policy
The asq:thailand community, consisting of multiple Q/A groups with over 100,000 members, powers this platform. It is not an official government resource. Our members actively contribute to this resource, and while we strive for accuracy, we cannot guarantee its complete reliability. Assistance to travelers is provided as a community service.