Question : Can I , as a foreigner, purchase Land in Thailand in my own name?

Answer : A foreigner cannot own land in his own name. He can purchase the land through his company (Thai limited company) or he can lease the land for 30 years, usually with extra 30 year options.

Question : What is the maximum number of shares I can hold if I register a Thai Limited Company?

Answer : All foreigners, other than Americans, can hold a maximum of 49% shares in a Thai limited company.

Question : If I purchase a bar or restaurant, but do not work in that business, do I need a work permit?

Answer : Thai law stipulates that as a foreigner, if you are working and do not receive an income you still need a work permit. Even if you purchase a business and do not physically work, but you receive an income from that business, you need a work permit and business visa.

Question : How many Thai shareholders do I need to form a Thai Limited Company?

Answer : This depends on the number of foreign shareholders. The minimum equirement is a total of 7 shareholders, 1 foreign, 6 Thai; 2 foreign, 5 Thai, etc.

Question : What are the advantages of having a work permit?

Answer : Having a work permit means you are legally allowed to work and receive an income in Thailand. You can obtain a 1 year multiple entry visa, open a bank account and purchase a telephone in your own name.

Question : I want to purchase a business, purchase a plot of land and build my own house. How do I get started doing this?

Answer : Easy - just as you would in your own country, you leave it to the professionals. Siam Real Estate Co Ltd will guide you through the whole process: from finding the appropriate business, registering a company, acquiring the land, design and construction. We will even find you a rental home whilst your dream home is being built.

Question : Where can I get more information and answers about Thailand real estate?

Answer : Useful Info about Thailand Real Estate