Foreigners face strict limitations when it comes to owning land in Thailand. While freehold ownership may appear attractive, acquiring it often requires setting up a Thai company or purchasing through a Thai spouse – both of which involve legal complexities and potential long-term risks.

Leasehold, on the other hand, is a more straightforward and secure solution for many buyers:

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• Clear Legal Structure
  Foreign nationals can register the lease in their own name at the Land Office. The leasehold agreement is legally recognized and provides formal security.

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• Long-Term Use
  Standard lease terms are 30 years, often with renewal options for two additional 30-year periods – offering up to 90 years of usage rights.

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• No Need for a Thai Company
  Unlike freehold ownership, leasehold does not require the creation of a Thai company or the transfer of shares.

• Lower Administrative and Legal Risk

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• Leasehold simplifies ownership from both a legal and tax perspective, avoiding the complications associated with nominee structures or company ownership.

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• Transferable Rights                                                                                                                                                                           The lease can be assigned or reissued to another party, including other foreigners, making resale more flexible.In summary, leasehold offers a legally sound and simplified pathway for foreigners who wish to secure long-term property use in Thailand – without the need for complicated ownership structures.