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Frequently Asked Questions
No, foreigners cannot directly own land in Thailand. However, they can own condominium units (up to 49% of total units in a building) or lease land long-term.
Source: Thailand Civil and Commercial Code, Section 86
Standard leases are 30 years, with the possibility of two 30-year renewals (total 90 years). The renewal must be registered at the Land Office to be legally binding.
Source: Thailand Land Code Amendment Act (2008)
Yes, it’s strongly recommended to hire a qualified Thai property lawyer to conduct due diligence, verify title deeds, and ensure proper contract preparation and registration.
Source: Thailand Real Estate Association Guidelines
Key taxes include transfer fee (2%), stamp duty (0.5%), and business tax (3.3%). These are typically split between buyer and seller as negotiated.
Source: Thailand Revenue Department
A Chanote is the best form of land title in Thailand, providing full private ownership rights. It includes exact boundaries and GPS coordinates of the property.
Source: Department of Lands, Ministry of Interior Thailand
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