Can you obtain a long stay visa in Thailand by purchasing a condo?

Cliff Sussman Hi Cliff, at the current moment, they are more concentrated for condos. As for foreigners owning condos in the freehold status it is much more easier to handle with the formalities that is needed to do for the visa. Leasehold, it is a little bit more complicated.

For houses, can be done but it is still up in the air with the departments on decisions on how to run the foreigner owning it. So if you hear any difference, then I would hold off on houses, and stick with condos.

Hope that helps.

They created this new name is because due to the fact that it is to separate from all the other visas that are in the market now. It is another way to say that if you want to have a long stay visa, go for this LSV. It is by the Thailand Longstay Company, which are the group that does the Elite Previlige Visa. It has nothing to do with the property developers. They actually use this way to just get more sales.

But with the effectiveness of what they are doing this now, is to give the chance for all those who do not qualify for this 10MB spenders or the LTR wealthy spenders.

@Greg **********

Please refer to

Yes, there is. i would not put out these details if there isn't. This is a new visa that is activated due to the recent bank account closure and as well crackdown on the foreigners staying in Thailand with the border jumps on land. Therefore, they are releasing this visa for the purpose to stimulate the foreigner investors and as well foreigners who can't spend hundred thousands and millions dollars to afford the LTR or the LTV. Check it out yourself before saying anything "there is nothing such as LSV".

As Stephen Howell stated below. Condo Developers are doing this now. Check the facts dude!

I have the sample documentation that can proof there is such thing as LSV.

JC Tan There is an official visa relating to property which involves an investment of a minimum of 10 million Baht. There is one particular property development – actually an agent - which is offering to include the cost of an Elite Visa in a condo purchase, but it's in effect only a marketing tool.

There's no visa that gives you automatic residency in Thailand through a property purchase.

Assuming you are asking about the recent FB posts about getting a visa for buying a property - well, there is nothing such.

There is NOTHING SUCH as a “Longstay Visa” or LSV. There are only agents who connect the Elite Privilege Visa with the purchase of a condo or villa. This is just a marketing trick.

Unlike some other countries that offer “golden visa” schemes or direct residency in exchange for property investment, Thailand's embassies and Immigrations do not grant any type of visa or residency simply for buying real estate.

Whether you spend 3 million or 30 million baht, owning a condo or villa in your name does not give you any automatic right to live in the country.

This is because Thai immigration law is completely separate from property law. You can legally own a freehold condominium as a foreigner, but that doesn’t entitle you to live in Thailand unless you hold a valid visa. In other words, property ownership is not an immigration status.

JC Tan they are just agents you pay for their service and they help you to aquire a 1-year retirement extension or an ELITE Visa. You NEVER needed to buy a condo in order to get those visa types. Everybody can get these visa by himself if he fulfills the requirements