News Forum - Can foreigners buy property in Thailand? A comprehensive guide

[Thaiger]

Thailand has more than its vibrant street food and bustling city life that captivates the hearts of many foreigners. The possibility of a permanent stay becomes quite appealing, which begs the question – can foreigners buy property in Thailand? Buying property in Thailand as a foreigner can be tricky. But don’t worry. In this guide, … …

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[Viggen840]

Of course, reading elsewhere, all these rules evidently apply if you are Chinese.

[Mamachigawa]

What a pile of rubbish

one million stupid farangs purchased a home in their broke Thai wife name without proof

[PhuketBloke]

 

"Can foreigners buy property in Thailand?"

Of course, they can, I have seen many farang blokes buy houses without having any ownership, and you find them a few years down the line crying into their beer as their wife or girlfriend has either kicked them out or sold it in secret.

There is the option to buy one in your Thai partner's name and then get a 30-year by 30-year lease but at least one person I know 'disappeared' and the house was taken back by his wife after his disappearance. 

When it comes to setting up a business and then buying the house, if the authorities find out the business is just there to buy the house for you to live in then there will be lots of problems coming your way.

But I have just pointed out the negative just to put that side forward, I am sure many thousands of farangs have built and paid for a house in their wife's, or girlfriend's name and have lived happily ever after. 

 

 

 

[Viggen840]

4 hours ago, PhuketBloke said:

"Can foreigners buy property in Thailand?"

Of course, they can, I have seen many farang blokes buy houses without having any ownership, and you find them a few years down the line crying into their beer as their wife or girlfriend has either kicked them out or sold it in secret.

I have done this - at my behest, the wife was happy to continue renting (dead money). Pretty sure I will be dead before she decides to kick me out

[garyknrd]

Had a friend that did the 30 years land lease deal. Wife left, in laws threaten him, trashed the house and property. He called the police time and time again. NOTHING. 

Finally after they trashed his truck by throwing rocks at him when he was returning home he abandoned the property. 

Welcome to Thailand 

 

Edited January 6 by garyknrd

[garyknrd]

30 minutes ago, Viggen840 said:

I have done this - at my behest, the wife was happy to continue renting (dead money). Pretty sure I will be dead before she decides to kick me out

Even playing the tables in Vegas you have a few winners. 

[HiuMak]

On 8/22/2023 at 2:09 PM, Thaiger said:

Thailand has more than its vibrant street food and bustling city life that captivates the hearts of many foreigners. The possibility of a permanent stay becomes quite appealing, which begs the question – can foreigners buy property in Thailand? Buying property in Thailand as a foreigner can be tricky. But don’t worry. In this guide, … …

The story Can foreigners buy property in Thailand? A comprehensive guide as seen on Thaiger News.

Read the full story

If you have money, there is no barrier.

[Sparrows]

On 1/6/2024 at 5:23 PM, PhuketBloke said:

I have seen many farang blokes buy houses without having any ownership, and you find them a few years down the line crying into their beer as their wife or girlfriend has either kicked them out or sold it in secret.

Sold it in secret 555

They do it with cars and motorbikes I suppose, so property wouldn’t be much different.

There are always these bad stories, but then again the happy tales aren’t as entertaining so aren’t told as often.

[PhuketBloke]

On 1/6/2024 at 7:49 PM, Viggen840 said:

I have done this - at my behest, the wife was happy to continue renting (dead money). Pretty sure I will be dead before she decides to kick me out

You said, "Pretty sure I will be dead before she decides to kick me out..."

Possibly, but will it have been a natural death or an Agatha Christy type of death? 

[PhuketBloke]

On 1/7/2024 at 11:41 PM, Sparrows said:

Sold it in secret 555

They do it with cars and motorbikes I suppose, so property wouldn’t be much different.

There are always these bad stories, but then again the happy tales aren’t as entertaining so aren’t told as often.

Well, maybe some of the "happy tales" are kept secret?

I mean how many guys would admit to the fact they are now trapped and under the thumb if they don't behave and do what they are told while they are reminded as to who actually owns the house? 

[PhuketBloke]

On 1/7/2024 at 7:18 AM, HiuMak said:

If you have money, there is no barrier.

The article states, ".....The possibility of a permanent stay becomes quite appealing..."

I am not in a permanent stay position, like all the other people I know I have to apply and get annual visa extensions, make 90-day reports, put 800,000 baht into a Thai bank account,  and re-register my address at this house if I leave it for just one night if I stay that night in a hotel.

I am not complaining as I knew the rules before coming here, but I do not feel I am a permanent resident here, I am a long-time visitor now entering my 16th month.

But Thailand is a great place to be in at the moment. 

[PhuketBloke]

On 1/6/2024 at 8:14 PM, garyknrd said:

Had a friend that did the 30 years land lease deal. Wife left, in laws threaten him, trashed the house and property. He called the police time and time again. NOTHING. 

Finally after they trashed his truck by throwing rocks at him when he was returning home he abandoned the property. 

Welcome to Thailand 

I know of one who was macheted to death in a "house robbery", so running away when the odds are against you is the more sensible option to take. 

[Marc26]

On 1/7/2024 at 8:41 AM, Sparrows said:

Sold it in secret 555

They do it with cars and motorbikes I suppose, so property wouldn’t be much different.

There are always these bad stories, but then again the happy tales aren’t as entertaining so aren’t told as often.

A girl we know in my wife's village did that to her husband of 10 years 

He built a house for 4 million baht

 

They live in Germany and just visit from time to time

 

She lost money gambling and sold the house for 2 million 

 

And the idiot husband is now saving money to build another house!

[Marc26]

I've been with my wife for almost 20 years

 

She's lived mostly in Canada and her family all live in Bangkok 

So we've never needed a house in the village 

She stays at her aunt's house or we stay at a nearby hotel

 

We will build a house for retirement 

 

And maybe I will do the house lease thing 

 

But honestly, I look at it as "time served"

 

If we broke up, the house is her's