Alternative ways to own property
Alternative Legal Mechanism to circumvent Legal Restrictions of the Thai Land Code
By Porthep Werachaon
Some advisors mostly with non-legal background may advise you to easily circumvent the restrictions imposed by the Land Code by: –
1) Setting up a Thai limited company with a Thai majority of 51%
2) Appointing a Thai nominee and having a 30-year lease agreement or mortgage or right of habitation registered with the Land Office
3) Having a Thai legitimate wife whereby the foreign husband can have the ownership of land with the registered right of habitation for life with maximum of 30 years