THE USE OF A THAI COMPANY
When the majority of the share capital (> 50%) is held by Thai shareholders, the company is considered as a Thai company.
The real estate restrictions of the Land Code and the business restrictions of the Foreign Business Act do not apply.
Therefore, the company can purchase lands.
Thailand has one of the most attractive real estate markets in the world, and any investment benefits from the boom in Thai tourism through the success of its seasonal rentals, allowing your assets to flourish.
Koh Samui, Koh Phangan, Phuket are expanding and have become exceptional destinations to ensure the value of your investment.
Shares in existing or non-existing companies (Thai Company Limited)
A Thai company can be created or bought by a foreigner, in order to carry out activities of purchase, real estate sales, to acquire movable and immovable goods, by respecting the regulation of the country and the authorized conditions.
Thus you will have the right, through these Thai companies to appear on a title deed (Chanot) for the purchase of a land or the purchase of a villa. Thus, foreigners will obtain a secure right to occupy the land on which the villa is built.
Thai law allows foreigners to hold the walls of their villa in their own name, registered with the Thai Land Office, thus ensuring you the total control of your investment.
We advise you to draw up a lease between the Thai company that you have created or bought in your name, in order to show your identity on the back of the title deed (Chanot). (Not mandatory).
There are likely to be changes in legislation that will facilitate the process, such as an increase in the maximum lease term, a relaxation of company law and access to real estate ownership by foreigners under certain conditions.