57 minutes ago, KhunHeineken said:

Floor area, or committee, it's still lipstick on a pig, but I wish the member well trying to off load his properties in the current climate. 😂

If you're referring to me I guess you have already forgotten that spouse and I recently sold, to the first buyer, and in less than a month, the house we had for sale. And, yes, at a profit. Thai buyer, bought it as an investment. There are still Thai buyers for houses and condos and foreign buyers for foreign quota condos in 'the current climate'. Nothing else for sale--for now.

24 minutes ago, KhunHeineken said:

Yes, definitely a suckers game.

How many right now would be considering selling their shares in their Thai company to their Thai lady for 1 baht, so they don't get arrested, and think they will still be able to live in their property? 😂

An illegal company doesn't protect them at all. If wife kicks them to curb, what is there alternative ? Sue them in court, and say what ?

We started an illegal company and now I want my share back

There is little to no piece of paper that protects the farang at all, IMHO. Maybe POA, but need to sell before she does. Best protection is what @BritManToo did, mortgage in her name, so now she's a bit dependent on him, not the other way around.

Rent or buy a condo, not illegal, no worries.

7 minutes ago, KhunHeineken said:

I wasn't sure you knew.

So, the condo board doesn't have to be majority Thai, but the majority of the building must be Thai owned.

Once again, lip stick on a pig.

Getting back on topic, the OP title is "buying a house via the company route - is it still possible?"

Would you advise the OP to buy a house through the company route?

In theory, the majority of a condo building must be Thai-owned but, in practice, with company-owned condos, you can get projects with more foreigners than Thais. The last condo project we owned at had a lot of condos in company ownership and the condo board always had a foreign majority when we lived there. You should also remember this:

Under the Thailand Law Library Condominium Act, a valid Annual General Meeting (AGM) requires attendees or their proxies to represent at least 25% (one-quarter) of the total ownership votes in the building. [1]

So, you don't need a majority of the owners to hold elections at an AGM, just 25%. If all the foreign owners show up at an AGM and represent 49% of the vote and not enough of the Thai owners show up, the foreign owners could outvote the Thai owners.

But, as I said in an earlier post, with experience owning at 15 different condo projects, I never saw a situation where it was Thai vs. foreign. Instead, it was owners who had put a lot of their hard-earned money into their condo and, whether Thai or foreign, they wanted ther investment maintained. That was my experience, some may have had different outcomes, especially in projects with inadequate condo fees.

The biggest AGM disputes I can remember were in condo projects that were being over-run with illegal daily renters, with some owners doing the illegal rentals wanting nothing done and those living there as residents wanting the short-term rentals stopped--with Thai and foreign owners on both sides of the issue.

No, I would not advise the OP, or anyone else, to buy a house or a condo in company name. I have posted a number of times what I think are the advantages of owning a condo in foreign quota,

4 hours ago, KhunHeineken said:

I stand by my assessment.

If not 70%, what percent do you put it at?

Or, are you suggesting no one has ever be scammed out of property here?

I put it anywhere between 60% to 20% because I honestly have no way of determining this. It's obviously not 0%, nor is it 100% as there are several examples of both failures and successes being posted on this website. When did I ever infer that "no one has ever be scammed?"

Edited August 12Aug 12 by donx

4 hours ago, newnative said:

spouse and I recently sold, to the first buyer, and in less than a month

Fire sale, I'll bet. Not that you will admit it.

4 hours ago, newnative said:

There are still Thai buyers for houses and condos and foreign buyers for foreign quota condos in 'the current climate'.

Thai property market in a 4 year decline. (link previously posted) Sure, there are buyers out there, just not as many as in the past, and with many more properties on the market.

1 hour ago, donx said:

I put it anywhere between 60% to 20% because I honestly have no way of determining this. It's obviously not 0%, nor is it 100% as there are several examples of both failures and successes being posted on this website. When did I ever infer that "no one has ever be scammed?"

If it's not 0%, does that not prove my point?

4 hours ago, newnative said:

In theory, the majority of a condo building must be Thai-owned but, in practice, with company-owned condos, you can get projects with more foreigners than Thais.

When those Thai companies are investigated, the complexion of many condo block may change.

4 hours ago, KhunLA said:

There is little to no piece of paper that protects the farang at all, IMHO.

You finally get it.

Hence, don't buy. Simple.

24 minutes ago, KhunHeineken said:

If it's not 0%, does that not prove my point?

No. Your claim is that it is 70%.

1 hour ago, KhunHeineken said:

You finally get it.

Hence, don't buy. Simple.

I've always given that advice as long as I've lived here, to expats that are inexperienced in any or That RE & relationships. Actually sound advice no matter what country you are in.

If people have to ask the question, especiall older folks, then they simply haven't a clue, and should rent, or buy in their name.

Really has nothing to do with being scammed by a Thai woman or man, as again, can happen any country, especially with huge age gap relationships.

Most people can't read people, till it's too late. Oh well.

At least the ones in the buying via fake company, gave it some thought, although simply went really stupid, to illegal stupid.

Edited August 12Aug 12 by KhunLA

1 hour ago, donx said:

No. Your claim is that it is 70%.

If only one foreigner is scammed out of a property here, that's one too many. Can you narrow it down from anywhere from 60% to 20%? 60% is not far away from 70%. 🙂

In any case, with 47,000 companies to be investigated, the Thai government has thought, "Why let the bar girls get everything. We want a slice of the pie." 🙂

Between the bar girls and the Thai government, the stats of foreigners being relieved of their properties here are set for a big spike. 🙂

7 hours ago, KhunHeineken said:

Hence, don't buy. Simple.

No, foreign quota is ok, big gains since covid

9 hours ago, KhunHeineken said:

Fire sale, I'll bet. Not that you will admit it.

Thai property market in a 4 year decline. (link previously posted) Sure, there are buyers out there, just not as many as in the past, and with many more properties on the market.

One guy I know put his home on the market because of the Company name issue. It's listed at a good price but Thais won't be interested because of location so only a foreigner will consider it. There's no telling what will happen.

14 hours ago, KhunHeineken said:

I wasn't sure you knew.

So, the condo board doesn't have to be majority Thai, but the majority of the building must be Thai owned.

Once again, lip stick on a pig.

Getting back on topic, the OP title is "buying a house via the company route - is it still possible?"

Would you advise the OP to buy a house through the company route?

Your deflecting on the condo board vs ownership issue.

Not legal to buy property in a company unless its an operating company and has true thai shareholders at the proper ownership percentages. Thai's can obviously but not foreigners.

I was talking to my lawyer friend yesterday she said the Land office is now strict with checking thai shareholders and financials, so anyone hoping to transfer away from the problem expect the Land office to scrutinize it

On 8/2/2026 at 11:31 AM, MIke B Bad said:

The real mystery is.......why the hell would anyone buy in Thailand?........politically unstable, facing financial difficulties, corruption is endemic, laws are applied, not applied, misapplied......????

I bought a legal freehold condo here 20 years ago. Best thing i ever did. Saved 6 million baht in rent and i still own a 4 million baht condo. Renting is a mugs game.

12 hours ago, KhunHeineken said:

Fire sale, I'll bet. Not that you will admit it.

Thai property market in a 4 year decline. (link previously posted) Sure, there are buyers out there, just not as many as in the past, and with many more properties on the market.

Not a fire sale. We have never sold at a loss, here or in the US, and only would if we were desperate for money, which we aren't. If it didn't at least break even we would have rented it--which is what the Thai buyer is intending to do wit it. We didn't make a big profit as we only had it a year and it wasn't a large property but the profit was about the same amount that we saved in rent had we rented a 3-bedroom pool villa similar to it for the year. Added together, it both saved us and earned us some money. We always like to own, even for short periods--we rented once while we were waiting for a condo project to finish construction and we hated it.

12 hours ago, KhunHeineken said:

When those Thai companies are investigated, the complexion of many condo block may change.

Could be, but it doesn't change my main point--that there was not a Thai vs. foreign dynamic going on in the 15 Thailand condo projects that we owned at. Our current Bangkok condo has far more Thai owners than foreign owners but, as one of the foreign owners, I don't feel either outnumbered or in opposition to the Thai owners. It's an expensive condo project and all of us, as owners, have invested a lot of our hard-earned money into our condo there, and want to see our investment maintained nicely. And, it is.

10 hours ago, KhunLA said:

I've always given that advice as long as I've lived here, to expats that are inexperienced in any or That RE & relationships.

Good advice.

10 hours ago, KhunLA said:

If people have to ask the question, especiall older folks, then they simply haven't a clue, and should rent, or buy in their name.

Older folk will not live long enough to see any financial benefit from buying over renting.

10 hours ago, KhunLA said:

Really has nothing to do with being scammed by a Thai woman or man, as again, can happen any country, especially with huge age gap relationships.

When you can not own the property in your own name, the odds are against you.

10 hours ago, KhunLA said:

Most people can't read people, till it's too late. Oh well.

So why put any assets on the chopping block here?

10 hours ago, KhunLA said:

At least the ones in the buying via fake company, gave it some thought, although simply went really stupid, to illegal stupid.

I'm sure they felt secure in the knowledge that "everyone else is doing it, so it must be fine" but I have never subscribed to that theory.

The fact that Thailand allowed this illegal activity to continue for decades meant there was always going to be a point in time in the future where the amount of foreigners, and the amount of property they control, was going to be too much for the Thai government to continue to ignore. It appears it has now reached that point.

This is typical in Thailand. Allow the grey area. Turn a blind eye. Make money out of it. Allow the corruption. Then, when it suits them, pull the rug out from under people.

2 hours ago, EVENKEEL said:

One guy I know put his home on the market because of the Company name issue. It's listed at a good price but Thais won't be interested because of location so only a foreigner will consider it. There's no telling what will happen.

Why wouldn't a Thai be interested in it if it is in a location that is attractive to foreigners? We just sold a house that is in a location attractive to foreigners--less than 10 minutes to Regents School. A Thai buyer bought it and plans to rent it out--likely to a foreigner. With the company crackdown on owning houses, there will likely be more foreigners choosing to rent a house for their family, rather than buy. If you say,'only a foreigner will consider it', then they would also consider it to rent, as well.

3 minutes ago, KhunHeineken said:

Good advice.

Older folk will not live long enough to see any financial benefit from buying over renting.

Depends when you retire, and you knowledge of TH before doing so. if retiring say 60, and know TH from multiple visits on holiday, know where you want to live, then buyin would work. As many on AN are in the 70s, some 80+.

10-15-20 yrs of rent adds up, so buying would build equity. That some may even need if having on oops. Rent = no equity.

Especially if having someon to pass the asset on to, after you crap out. Cost of buying same or less than renting. That's my scenario.

3 minutes ago, KhunHeineken said:

When you can not own the property in your own name, the odds are against you.

Disagree, but condo is safest bet for buying. If living somewhere at least 3 years, I would never rent.

3 minutes ago, KhunHeineken said:

So why put any assets on the chopping block here?

I'm sure they felt secure in the knowledge that "everyone else is doing it, so it must be fine" but I have never subscribed to that theory.

The fact that Thailand allowed this illegal activity to continue for decades meant there was always going to be a point in time in the future where the amount of foreigners, and the amount of property they control, was going to be too much for the Thai government to continue to ignore. It appears it has now reached that point.

This is typical in Thailand. Allow the grey area. Turn a blind eye. Make money out of it. Allow the corruption. Then, when it suits them, pull the rug out from under people.

Because they are idiots. Go to a foreign country, and put your money, possible life's savings, into something illegal = IDIOT

Really no polite way to put it. And now, pretty sure a lot of them feel quite foolish. WTF was I thinking.

Edited August 13Aug 13 by KhunLA

5 hours ago, scubascuba3 said:

No, foreign quota is ok, big gains since covid

Thailand's housing market is in a 4 year decline. (link previously posted)

I doubt that many foreign quota condo's have sold since covid to buck that trend.

3 hours ago, EVENKEEL said:

One guy I know put his home on the market because of the Company name issue. It's listed at a good price but Thais won't be interested because of location so only a foreigner will consider it. There's no telling what will happen.

The only foreigners that should / could consider buying it would be those who have been married for years and already have put a property in their Thai lady's name. This narrows the list of potential buyers considerably.

The foreign lawyer in a youtube video posted by another member suggests buying it for a legitimate Thai company that basically specializes in land holding and management, and then you lease your own property off them for 30 years. Same Same - not real ownership.

Not many options for these people, and the clock is ticking on them.

3 hours ago, Dan O said:

Your deflecting on the condo board vs ownership issue.

No deflection. I've posted the numbers. Buying a condo doesn't even make financial sense, regardless of the 51% / 49% and who sits on the committee. The purchase price, invested in my home country, makes more than the rent on a similar condo in my block. Not to mention the elephant in the room, life expectancy, which in my previous example, put it at around 85 years of age for a buyer to then be ahead of a renter.

3 hours ago, Dan O said:

Not legal to buy property in a company unless its an operating company and has true thai shareholders at the proper ownership percentages. Thai's can obviously but not foreigners.

Correct, and authorities are in the process of investigating 47,000 Thai companies suspected of this illegality.

26 minutes ago, newnative said:

Why wouldn't a Thai be interested in it if it is in a location that is attractive to foreigners? We just sold a house that is in a location attractive to foreigners--less than 10 minutes to Regents School. A Thai buyer bought it and plans to rent it out--likely to a foreigner. With the company crackdown on owning houses, there will likely be more foreigners choosing to rent a house for their family, rather than buy. If you say,'only a foreigner will consider it', then they would also consider it to rent, as well.

What do you think of the option to purchase the building outright (giving you permanent foreign freehold ownership of the house) and concurrently, you enter into a 30-year lease agreement for the land, registered at the local Land Office. Do you think that is still a viable option?

1 hour ago, newnative said:

We have never sold at a loss

I've never met a farang who has admitted to a loss in Thailand. 😂

1 hour ago, newnative said:

We didn't make a big profit as we only had it a year

With all the fees, taxes, moving costs, work in selling the place etc, I bet you made no profit in the end.

Edited August 13Aug 13 by KhunHeineken

3 minutes ago, KhunHeineken said:

I've never met a farang who has admitted to a loss in Thailand. 😂

With all the fees, taxes, moving costs, work in selling the place etc, I bet you made no profit in the end.

Why do you continue to comment, on something you have no experience with. Unless over paying on original buy in, and or letting the property go down hill, one should at least break even after 5 yrs.

Even that, or a slight loss is worth not paying rent, as you're getting money back. Obviously you've never owned property, anywhere, or you wouldn't make such silly statements.

As he stated, if not getting offer that wanted, simply rent to it appreciates more, and let the tenants pay the mortgage.

Edited August 13Aug 13 by KhunLA

Without reading all the replies here, off the top of my head and, given the recent news about property owned with Thai nominees, I'd say a person would have to be nuts to try to buy a house via a Thai company. Why ask for trouble?

1 hour ago, KhunLA said:

Depends when you retire, and you knowledge of TH before doing so. if retiring say 60, and know TH from multiple visits on holiday, know where you want to live, then buyin would work.

I think the GFC and then Covid, and now the high cost of living in many western countries has delayed retirement for the average person.

For higher net worth individuals, I would suggest they are smart enough not to invest in Thailand.

1 hour ago, KhunLA said:

10-15-20 yrs of rent adds up, so buying would build equity. That some may even need if having on oops. Rent = no equity.

Having an oops would most likely mean a medical episode. Good luck liquidating a house while you bleed out in a Thai hospital.

Renting, well, that big pot of cash is there, on call, for that major surgery.

Equity is only realized after the property has been sold, and that takes time, a lot of time.

1 hour ago, KhunLA said:

Disagree,

You have contradicted yourself.

You have said in a previous post you would not advise a new owner to put the property in a Thai lady's name.

What structure are you proposing they use for ownership.

1 hour ago, KhunLA said:

Because they are idiots. Go to a foreign country, and put your money, possible life's savings, into something illegal = IDIOT

Really no polite way to put it. And now, pretty sure a lot of them feel quite foolish. WTF was I thinking.

Go to another country and put your life's saving in someone else's name = IDIOT also. 😂

I bet they do feel foolish, and just like a guy who loses to a bar girl, there's not much sympathy going around them.

3 minutes ago, KhunHeineken said:

You have contradicted yourself. ... You have said in a previous post you would not advise a new owner to put the property in a Thai lady's name.

Again your reading comprehension sucks. 'IF asked', I'd advise against it, as 'if asking', they have no experince. Like you 😁

Rest of your post is too silly to repond to.

Please don't reply to or quote me in the future.