The Acquisition of Land for Residential Purpose by Aliens

[Katy Gorice]

The Acquisition of Land for Residential Purpose by Aliens

An alien bringing money not less than Baht forty million as specified in the Ministerial Regulation into the Kingdom for investment may apply for acquisition of land for residential purpose not more than one rai in area, provided also that permission must be obtained from the Minister.  Under section 96 bis of the Land Code, the application for such acquisition of land shall be in accordance with rules, procedures and conditions prescribed in the Ministerial Regulation as follows:

 

https://www.dol.go.th/Pages/The-Acquisition-of-Land-for-Residential-Purpose-by-Aliens.aspx

 

 

[Lacessit]

From which you can be kicked out by simply failing to get an extension to any visa at any time, with no more than a year at best. Even if I had the money, I'd pass.

[baansgr]

Is there a question?

[LivinLOS]

On 4/1/2020 at 4:05 PM, Lacessit said:

From which you can be kicked out by simply failing to get an extension to any visa at any time, with no more than a year at best. Even if I had the money, I'd pass.

Actually someone I know who did this obtained automatic PR at the same time. 

[PatOngo]

11 minutes ago, LivinLOS said:

Actually someone I know who did this obtained automatic PR at the same time. 

Only 40 million baht, cheap, hey!