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Condo Foreign Ownership

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Hi I was in Pattaya to see a friend in a rental condo and noticed many advertisments for condos for sale to farang, what is the deal with this?

can we own them?

I seen the prices starting at about 1.4 million and up and geared to the westerner who wants to buy and many to pick from what is the rules for the purchase of them?

And is there any compnaies like the ones i seen in pattaya in chaing rai or chaig mai?

A friend told me he can also own land here if is is set up a certain way, with a company and the house can be in his name, how is this done?

any light shed on this would welcome all opinions and experiences people have had or done thanks in advance

A friend told me he can also own land here if is is set up a certain way' date=' with a company and the house can be in his name, how is this done?

[/quote']

This is a means to an end, but not an end to the means...:rolleyes:

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