In order to be well informed about the ownership of property in Thailand you need expert knowledge and experience. If you intend to buy, lease or rent property, you have to proceed carefully. We recommend assigning a serious company to handle your matter to safeguard your interests. They will examine the ownership and transfer of ownership according to the existing law in Thailand. The understandably concern, to get advise from an incompetent advisory office, must be considered higher that in Europe. We recommend contacting corresponding embassy for pre-information.

Proline Real Estate Co.,Ltd works close together with the VIVAMI Co., Ltd. providing consultation in foreign languages. VIVAMI Co., Ltd. has gained their trust over the years in handling our customer cases in a serious and reliable manner.

FOREIGN OWNERSHIP OF PROPERTY IN THAILAND
GENERALLY FOREIGNERS  CANNOT MORTAGE PROPERTY IN THAILAND
 Do not get irritated by self-appointed legal advisors

However the law allows a foreigner to own a house or building. In most cases a 30 years leasing contract with the right of extension for the land will be contracted. The law allows a leasing contract over 30 years, but in most cases a supplementary agreement will be issued to secure that an extension of further 30 years will be granted. Failure to comply will be punished with a heavy fine. These kinds of contracts must be registered with the land department according to the law in Thailand.

Foreigners have the right to register loan contracts on their land title. This is a secure way to protect your investment. The debtor cannot sell the land or house without acceptance of the lender, as long as the land title is registered with the land department.

OUR ADVICE
Please do not get irritated by self-appointed legal advisors, instead we suggest to contact a reliable consultant or lawyer. You will learn, that the legal issues are not as complicated as described by many so called “experts”

For more Information we are always at your service