An alien is allowed to purchase land in Thailand
residential purpose and the land to be purchased
shall be not more than one rai in area, and the
following rules and conditions must be met
1. Bringing money not less than Baht forty
million into the Kingdom for investment and
maintaining the investment not less than five years;
2. Permission must be obtained from the
Minister of Ministry of Interior;
3. Money brought into the Kingdom shall be
invested in one of the following businesses or
activities;
3.1 To purchase bonds of Thai Government,
bonds of Thai National Bank, bonds of State Enterprise
or bonds which the Ministry of Finance secures the
capital or interest,
3.2 An investment in a property mutual
fund, a property mutual fund or a mutual fund for
resolving financial institution problems established
under the law on Securities and Stock Exchange,
3.3 An investment in share capital of a
juristic person who is granted permission of
investment under the law on promotion of investment,
3.4 An investment in an activity as
declared by the Board of Investment to be an
activity eligible to be granted promotion of
investment under the law on promotion of
investment;
4. The land to be acquired shall be located in
(Municipality), or in the area specified as residential
zone according to the law on Town and Country
Planning and shall not be located in a military safety
zone according to the law on Military Safety Zone;
5. An alien, who is granted permission, shall
utilize the land only for residence for his/herself and
the family in a way that is not contrary to the local
custom or good living of the local community;
6. If an alien, who is granted permission to
acquire such land, does not comply with the rules
and conditions specified, he/she shall disposes of
such land in the portion of his/her possession within
the period of time specified by the Director General
of the Department of Lands which shall be not less
than one hundred eighty days and not more than one
year. If the time limit elapses, the Director General
shall have the power to dispose of such land;
7. If an alien, who is granted permission to
acquire such land, does not utilize the land for
residence within two years as from the day the
registration for land acquisition is made, the Director
General shall have the power to dispose of such
land.
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