Kudun and Partners’ Real Estate Practice team is proud to contribute as the recurring author of the Legal 500 Country Comparative Guides 2024: Real Estate for Thailand. The guide provides an overview of the latest applicable laws and regulations in Thailand’s real estate industry. Our partner and co-head of real estate, hotels, resorts and tourism, Peerasanti Somritutai, together with associates, Chavisa Jinanarong, Kamonrat Kongtheing and Chayakorn Boonsri, contributed to the guide aiming to provide its readers with a pragmatic overview of the law and practice of real estate law across a variety of jurisdictions.
The guide provides valuable insights into the complexities of land ownership in Thailand, highlighting the legal restrictions and challenges faced by foreign investors. While Thai nationals—both individuals and entities—retain primary rights to own land, foreigners are generally prohibited from land ownership unless expressly permitted by law. The Land Code offers provisions for foreign ownership under specific circumstances. However, navigating these regulations demands careful planning to mitigate unforeseen complications and potential liabilities that may impact investments.
Should you have any further inquiries or require additional details about the guide, please feel free to reach out to our authors.
Please find more information on Legal 500
