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Legal
What is the title and status of the
land?
The land
is titled under Thai law as Nor Sor Saam Kor and is owned by
Tactical Capital Co., Limited, a Thai registered
company.
Can I own freehold rights?
Land: Foreign nationals
cannot own freehold land under current Thai law. This
situation may be subject to change or amendment in the future,
but this is unlikely in the short term. Land, however, can be
leased to foreigners for terms
of up to 30 years
- the longest permissible period under Thai law. Leases
for The Estate sites include two prepaid extensions of 30 years
each, for a total of 90 years. The initial lease is registered
with the Lands Department and noted on
the land title deeds. Thus you are
fully protected under Thai law.
Villa: A foreign national may own
buildings or property developed on land leased by him.
Therefore you can own your own home. Freehold is
available to Thai nationals and Thai juristic
persons.
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