On Retirement visa, is there any ways to buy old land/house on ownership basis? Or can we include name as 49 percent partner in any existing company owned by Thai person and buy land/house in company name? I not have any GF or Thai wife so looking for other options to buy house
TLDR : Answer Summary
Foreigners on a Retirement visa are limited in their ability to purchase land outright in Thailand. While they can own a house on the land, they cannot own the land itself unless they enter into a partnership with a Thai national through a Thai company, where they may own up to 49%. However, this option comes with complexities and risks, including the need for a reliable lawyer and potential difficulties with resale. Many expats recommend renting as a safer, more cost-effective alternative, given the current uncertainties in the property market.
NON-O RETIREMENT VISA RESOURCES / SERVICES
- Go to the Retirement Visa Section for information on requirements, including age restrictions, financial requirements, and necessary documentation.
- For immediate assistance, contact Thai Visa Centre directly via LINE at @ThaiVisaCentre or Email them.
- Explore recent discussions by using the Non-O Retirement Visa tag in the search box at the top of the page.
- Join the Thai Visa Advice Facebook Group to ask your questions, and get advice from others.