Thailand is one of the most visited countries in South East Asia. Many visitors continue to stay in
Thailand attracted by the easy going lifestyle.
Thailand real estate makes a great investment.
Thailand real estate is much in demand. This demand is not only restricted to Thai citizens. Many foreigners also actively make investments in the
real estate sector of Thailand. The investments in
Thai real estate involve a difficult and often arduous process. A foreigner from any country cannot buy land or buildings with land in Thailand. A foreign citizen may purchase high end apartments with no right over the land where the building is located. Exceptions regarding prohibition of ownership of land is however present. The foreigner may acquire land if the concerned person makes an investment of more than 40 million Baht in Thailand. In that case, the maximum area of land that may be purchased should not exceed 1 rai or approximately half an acre.
There are two types of purchasable land in Thailand. The two types are freehold land and leasehold land. Leasehold titles are acquired from the government and government institutions. Government institutions that lease land to private individuals or companies include The Crown Property Bureau or CPB and the State Railway of Thailand.
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