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Thai Government Proposed to Lighten Restriction

on Buying Houses for Foreigners in Thailand

泰國政府擬修法放寬外國人買房的規定

 

Thai Minister of Energy, Mr. Supattanapong Punmeechaow declared this month that in order to improve Thai economy situation, the government intended to revise laws to lighten restriction of foreign investors to buy real estate and lease lands in Thailand. During the pandemic, people all over the world is seeking place with better health and hygienic quality. Therefore, the government wants to adjust the current laws and regulations to attract foreign investors to live and consume in Thailand.

 

泰國能源部長素帕他納蓬本月宣布,為改善泰國經濟,政府擬修法放寬外國投資人在泰國購買土地及承租土地的規定。在新冠肺炎疫情期間,各國人民希望找尋健康及衛生品質良好的地區,故政府希望調整法規已吸引投資人來泰國生活及消費。

 

Following are key points of the changes:

以下為政府希望修法的重點:

 

  • The government allows foreigners to purchase Thai real estate directly. Land laws will be amended to allow foreigners to buy real estate with their passports instead of using the name of their Thai companies. However, the real estate is only available from Thai government housing development projects, and the price should only be around ten million and 15 million baht.

    泰國政府允許外國人直接購買泰國的房產別墅。將修正土地法,外國人可以持護照直接購買房產,無須設立泰國公司並用公司名義購買。但購買的房產僅限泰國政府「住宅開發」規劃去的項目,且房屋的總價僅為一千萬至一千五百萬泰國以上。

  • Based on current Thai Condominium Act, foreigners are only allowed to possess 49% of the ownership, and 51% ownership is possessed by Thai (for information of house ownership for foreigners in Thailand, please refer to our article “Transfer of Ownership for Foreigners in Thailand” at https://0rz.tw/1lpLc ). The government intends to raise house ownership for foreigners to 70%-80%, the exact percentage is still under discussion.

    依目前的《泰國共管公寓法》,外國人僅能持有公寓 49%的產權,其餘51%由泰國人擁有 (有關外國人持有不動產的規定,請參考我們之前的文章外國人在泰國移轉房屋所有權 https://0rz.tw/1lpLc )。本次修法將提升為70%-80%,確切數據仍在討論中。

 

  • The above-mentioned new proposals are only applied for 3-5 years in order to attract foreign investors to recover economy and real estate market in Thailand.

    前述兩項規定僅開放3-5年,為了吸引外國資金幫助復甦泰國的經濟及房地產業務。

 

  • With current regulations, lands can only be leased to foreigners for 30 years (for information of land lease in Thailand, please refer to our article “Land Lease in Thailand” at https://0rz.tw/QNmi3 ). The government intends to amend Thai Civil and Commercial Code to extend the deadline to 50 years with 40 years extension, which is 90 years in total.

    現有的法規規定外國人僅可承租土地 30 (有關泰國土地租賃現有規定,請參考我們之前的文章泰國土地租賃https://0rz.tw/QNmi3)。政府擬修正《泰國民商法》,將年限提高為50+40年,即90年。

 

The new proposals are still under internal discussion, when the draft is finalized, such draft will be sent to Thai cabinet for determination. We will inform you once there is any progress.

 

這些規劃仍在內部討論,待草案完成將轉送泰國內閣審理。有進一步消息會再通知各位。


IBC International Business Consultancy is a law, finance and accounting firm located in Bangkok, Thailand with experienced lawyers, accountants, and

financial advisers. We provide services including investment, tax and legal advice in Thailand.

IBC泰國法律金融會計事務所 (International Business Consultancy) 為一間位於曼谷的泰國法律金融會計事務所,由經驗豐富的律師、會計師、

及財務顧問組成,可提供泰國投資、泰國稅收及泰國法律諮詢等服務。

 

IBC Firm泰國法律金融會計

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