Under the Condominium Act 1979, which concerns freehold ownership, foreigners are permitted to own 49% of the total number of units in a building registered as a condominium.
Buying real estate in Thailand for foreigners is not difficult but it is a good idea to first understand the legal limitations on land ownership by foreigners in Thailand.
For Non-Immigrant Visa “O-A” (Long Stay), or a retirement visa, that is issued to applicants who are 50 years of age or older and wish to stay in Thailand for a period of not more than one year.
Thailand is widely known as a country with long traditions and a diversity of races, religions, and cultures. Throughout the year, there are many tourist activities coming out, including festivals and traditional events.
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