| If you are considering buying property in Phuket, the first thing you should know is that under Thai law, foreigners are not allowed to own land. However, foreign nationals do have the right to the ownership of buildings distinct from the land such as condominiums.
Foreign nationals may own:
A unit in a registered Condominium.
A building distinct from its land.
A registered leasehold of up to 30 years for all types of titled land or buildings.
Foreign nationals may not own:
Freehold land.
More than 49% of the shares in a Thai company that owns freehold land.
Note: Before purchasing property in Thailand make sure you have a good lawyer. More info can be at Legal info
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