What are the Thailand real estate hunter’s options? Are there legal mechanisms that may allow foreigners to secure guaranteed and uninterrupted access to the land and use of the land for his lifetime?
Option 1:
1 Rai of land – 40 million Baht in Thailand.
A foreigner may be allowed to own up to 1 Rai of land in his/her name if he/she brings 40 million Baht into the country. Conditions apply.
Option 2:
Long-term lease from current owner.
This option is also known as ‘never ending’ lease option by the owner. The lease agreement will specify negotiated balloon payments at 1, 3 or 5 years intervals. This may be a good option if the leasee does not want to commit a large amount of money up front. continue reading…
