What are the requirements for buying a house in Thailand?

Foreigners need these conditions to buy a house in Thailand:

1. Foreigners can't buy land in Thailand, which means foreigners can't buy houses with permanent property rights, mainly villas.

2. Foreigners can buy apartments in Thailand without restriction and have permanent property rights. However, 5 1% of the entire apartment building is in the hands of Thai citizens, and foreigners can only buy 49% of the apartment at most.

Foreigners who want to buy villas or land with permanent property rights in Thailand need to register a local company in Thailand. It only takes 7 days to register a company in Thailand, which is cheap.

Foreigners can borrow money to buy a house in Thailand. The down payment is calculated according to the house price or value. The general down payment ratio is 30%, but the interest rate will be higher, around 5%.

Foreigners can also buy villas or land in Thailand and have permanent property rights, but they have to register Thai companies. It only takes 7 days to register a company in Thailand, and the cost is low. Generally, there is no need for actual operation, and only a little low company reimbursement fee is required every year.

6. Foreigners can borrow money to buy a house in Thailand. The down payment is calculated according to the house price or valuation, usually 30%. But the interest rate is higher, about 5%.