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.

Chiang Mai Chiang Mai is known for being a nice place to live because of its calm atmosphere, nice weather, and affordable living costs. People from different countries are moving to Chiang Mai to retire or live, as the house prices are relatively cheap.