Yes — foreigners can own a condominium unit outright (freehold) within a building's 49% foreign-ownership quota; they cannot own land directly.
Yes — but with an important distinction. Foreigners can own a condominium unit on a genuine freehold basis, held in their own name on the title deed. This is allowed provided the foreign-owned units in a building stay within the 49% foreign-ownership quota, and the purchase money is brought into Thailand from abroad and documented (a Foreign Exchange Transaction form).
What foreigners generally cannot do is own land outright in their own name. That's why condominium ownership — where you own the unit, not the land beneath the building — is the clean, well-established route for overseas buyers, and why quality developments are structured as registered condominiums.
Beware the workarounds: 30-year leaseholds dressed up as long-term ownership (a 2025 Supreme Court ruling made pre-agreed renewals unenforceable) and Thai-company nominee structures (now actively prosecuted). A freehold condominium within the quota avoids both. On a call we walk you through exactly how the quota and the money transfer work for your situation.
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