What is the reason that government not allowed this?

In other Asian country's like Malaysia this is no problem!

1. Because they want to protect their own people and industry's<br />2. Because it would drive up prices for land making it impossible for majority of Thai to ever own land<br />

Look no further than the name of the country: Thai-land (The land is for Thais.)

Besides, if foreigners could buy land legally, with the influx of buyers and speculators alike, it wouldn't be near as cheap as it is. So I just tell myself, if I COULD buy it, I probably wouldn't be able to afford it anymore. I like it better like this, if I have to choose between the two. Keeping land in Thai hands keeps the rent low.

Edited February 23, 201313 yr by aTomsLife

Because the Thai-Chinese own all the private land that will ever be worth anything already and want to keep it that way.

You CAN buy land... You just can't own it

mjnaus, on 23 Feb 2013 - 15:38, said:

You CAN buy land... You just can't own it

haha(sorry smiley's do not work)

You CAN buy land... You just can't own it

Just like in America!!

My gf told me today , in thailand it's also possible to rent the land from another person!

A very good idea!

It's a pity the UK didn't adopt this policy.

The British Empire - a thing of the past.

My gf told me today , in thailand it's also possible to rent the land from another person! A very good idea!

yes it is possible, you develop it and they kick you out

aTomslife pretty much said what I believe. I just compare it to Canada which allowed foreigners to buy up vast areas of what was formerly public land. Now the foreigners are keeping third generation Canadians off what was formerly theirs to use. Not only that, but the foreign companies are given tax incentives to rape and pillage the Canadian resources. In the future, Canadians will have to buy back their own land at much inflated prices. Thailand has prevented that from happening by not allowing foreigners to to own the land. They can own the buildings built ON the land, but not the land itself. Consider the number of super wealthy people in this world who could easily purchase half of Thailand if it was allowed. Most of us only look no further than our own personal interests, but in the broader picture it jusr shows that Thailand is smarter.

Farangs can buy land.

They just have to be a Thai citizen.

look what is happening to Australia Chinese are buying so much land there and all the farms and sending food back to china .. the government here want their land for their people

My gf told me today , in thailand it's also possible to rent the land from another person! A very good idea!

yes it is possible, you develop it and they kick you out

I've lost count of the number of times I have seen that happen. I remember one fella who who got a 30 year contract on around 1/3 rai of land and used lawyers all the way. Builder in the UK and semi retired... spent over 3 years pretty much building a wonderful house on it himself with Thai labour doing the donkey work. Was still doing 6 months work in the UK per year so nothing was done while he was away. When it was almost complete the land owners demanded the land back even though he had a solid contract but he lost anyway. Poor bugger didn't even get the remaining 27 years back on the contract which he had paid in full to get a lower price.

I think post #3 is mistaken Thailand actually means "land of the Free", except you are not free to buy land.

Oh, yes...Malaysia sets the bar quite evenly for foreigners who want to buy property there. Right.

http://www.telegraph.co.uk/finance/personalfinance/expat-money/9200905/Malaysia-plans-to-double-property-prices-for-foreigners.html

look what is happening to Australia Chinese are buying so much land there and all the farms and sending food back to china .. the government here want their land for their people

how dare they replace the English and Americans as the largest holders of farming land. Quite indeed.

look what is happening to Australia Chinese are buying so much land there and all the farms and sending food back to china .. the government here want their land for their people

how dare they replace the English and Americans as the largest holders of farming land. Quite indeed.

Do not think Americans ever had much of stake in land in Oz, Japanese on the other hand still have quite a bit

What a silly topic; of course a "farang" can buy land if and only if the "farang" is a Thai national.

Only non-Thai nationals are prohibited from buying land.

W e own lots of land ,its in my wifes name ,no problem when you have a good marriage ,anyway it will all go to our son when we die anyway.

W e own lots of land ,its in my wifes name ,no problem when you have a good marriage ,anyway it will all go to our son when we die anyway.

Or put it in your childs name and use a userfruct agreement. Totally legal and problem solved.

Just look at the number of different ownership titles for a piece of land (Chanote, Por Bor Tor, Sor Kor, ...), each with different rights attached to it. It's a total mess.

Why ?

aTomslife pretty much said what I believe. I just compare it to Canada which allowed foreigners to buy up vast areas of what was formerly public land. Now the foreigners are keeping third generation Canadians off what was formerly theirs to use. Not only that, but the foreign companies are given tax incentives to rape and pillage the Canadian resources. In the future, Canadians will have to buy back their own land at much inflated prices. Thailand has prevented that from happening by not allowing foreigners to to own the land. They can own the buildings built ON the land, but not the land itself. Consider the number of super wealthy people in this world who could easily purchase half of Thailand if it was allowed. Most of us only look no further than our own personal interests, but in the broader picture it jusr shows that Thailand is smarter.

I really like how u put on perspective so true about Canada I have seen it over 30 years being canadian. It is a good thing to protect there land for there people. Some day it will change

W e own lots of land ,its in my wifes name ,no problem when you have a good marriage ,anyway it will all go to our son when we die anyway.

Or put it in your childs name and use a userfruct agreement. Totally legal and problem solved.

Can u give more detail on what a user fruit agreement is the pros and cons if u can thanks?

One of the few laws which are enforced. I love it

Fatfather

Just look at the number of different ownership titles for a piece of land (Chanote, Por Bor Tor, Sor Kor, ...), each with different rights attached to it. It's a total mess.

Why ?

Because land rights are being upgraded as fast as they can, but it's a tedious process.

One of the few laws which are enforced. I love it

Fatfather

Actually it's not.

If it were enforced 100% all those dummy companies set up by foreigners to own land would be decimated.

W e own lots of land ,its in my wifes name ,no problem when you have a good marriage ,anyway it will all go to our son when we die anyway.

Or put it in your childs name and use a userfruct agreement. Totally legal and problem solved.

Can u give more detail on what a user fruit agreement is the pros and cons if u can thanks?

Proxy

I believe the sky would not fall if a falang were allowed to legally own one rai on which to build one residential home. There could be simple qualifications ie. living full time in Thailand for a minimum of 5 years, contributing to the Thai economy a minimum of say 1 million baht yearly, etc. you get the point. Any counterpoints to that plan??

I believe the sky would not fall if a falang were allowed to legally own one rai on which to build one residential home. There could be simple qualifications ie. living full time in Thailand for a minimum of 5 years, contributing to the Thai economy a minimum of say 1 million baht yearly, etc. you get the point. Any counterpoints to that plan??

None, now you just need to sell it to the officials