Non-Thais can't buy land in Thailand, affecting UK exporters/investors
Trade barrier summary
Foreign nationals and organisations can’t buy land in Thailand, they can only lease. Long-term lease agreements in Thailand are generally limited to 30 years and may then be renewed for another 30-year term.
However, requirements apply:
- if the purpose of the lease is commercial, there is a requirement for an investment of at least 20m baht
- if the lease is industrial, it must be for a type of industry that would be eligible to apply for investment promotion under Thailand’s Investment Promotion Act
Commercial or industrial enterprises are eligible for commercial leases if the Interior Minister lists them as beneficial to the economy and to society
Sectors affected
- All sectors
Resolved
No
Date reported
4 April 2019
Last updated
18 December 2020
Public ID
PID-BQAKA9
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