Legal Services & Resources 

Financing might be possible for foreigners who are looking at purchasing property, namely condos in Thailand, but it would be best to seek professional assistance.

The law in Thailand does not allow foreigners to purchase land or certain forms of real estate but purchasing condominiums is permitted and should be looked into now as it is a buyer's market.

This talk is on condos in Thailand which foreigners are permitted to buy but the various requirements are quite specific compared to selling a condo, and oftentimes, it is a good idea to contact a legal professional for assistance.

Various requirements are required pertaining to purchasing a Condo in Thailand as a foreigner not least of which is issues regarding banking requirements and funds which need to be remitted into to Thailand.

Although the purchase of land by foreigners is not permitted in Thailand, buying a Condo is permitted even though the process is quite cumbersome, and will most likely remain the same in 2026.

Foreigners can purchase a condo in Thailand but one requirement is that money is transferred into one's bank account from overseas which will make condo purchases quite difficult for DTV Visa holders.

Under the Thai Condominium Act, foreigners can purchase a condo unit in Thailand as long as it complies with the law that states that foreign nationals can own no more than 49% of the total unit space in a given complex.

The situation in the Middle East has resulted in many people being stranded in Thailand for what could be a long time bringing up the thought that investing in a condominium in Thailand could be worth considering.

Foreigners are permitted to purchase condos in Thailand, whereby some parties feel that there is an increase in foreign buyers compared to Thai buyers, which might not be the case due to the current global economy.

Phuket Immigration has confirmed a one-year visa for those who purchase or rent property as per certain criteria, but as the scheme is still quite vague, the details must be looked into very carefully before making any decisions.