How foreigners buy a condo freehold in Thailand

The 49% foreign quota, mandatory overseas funds transfer and leasehold for villas.

Updated 10/14/2026 · 4 min read

In short

  • Foreigners can buy condo units freehold while the building's 49% foreign quota isn't used up.
  • Funds must come from abroad with the purpose stated — the bank issues an FET certificate.
  • Foreigners can't own land, so villas are leasehold for 30 years.
  • The 2% transfer fee is usually split with the seller, plus seller's taxes.

Hotel-managed schemes

In Phuket and Samui, hotel-managed condos with guaranteed yields are popular. Check who backs the guarantee and what happens when it ends.

FAQ

What is an FET?+

A bank record that funds arrived from abroad to buy property. Without it the freehold can't be registered.

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