Purchasing land in Thailand is not as simple as buying a unit in a condominium.
Thailand has always been very cautious regarding land ownership, and this is yet to evolve. After the “IMF crisis” hit the economy in 1997, the Government made an attempt to open the country’s borders to foreign land investors in order to favor investment and boost the economic growth, but the law has never been ratified by the Parliament.
However, there are ways for foreign investors to acquire land in Thailand, under specific conditions. We strongly recommend you to contact our team in order to discuss this further.
SPG advises you during the whole acquisition process:
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