Question: Can I as a foreigner purchase land in Thailand in my own name? Answer: A foreigner cannot own land on his own name. He can lease the land or land and house for 30 years and the Leasehold will be registered at the Land Department for this period of time.

Can Americans buy property in Thailand? While U.S. citizens are prohibited from buying land in Thailand, they can, however, apply for long term land leases of up to 30 years and build structures upon the land. They can also buy condominiums from property developers.

When buying property or engaging in a long term lease in Thailand, undertaking due diligence is highly recommended. Due diligence is the process of researching and investigating a chosen plot of land in order to gather information and assess the risks and benefits associated with the transaction.

If you're looking for the cheapest place to buy property in Thailand, look no further than the northeastern region of Isaan. This often-overlooked area offers incredible value for money, with property prices significantly lower than other popular destinations in Thailand.