Lease thailand

Leasehold vs Usufruct for Foreigners

Properties in Thailand do not serve only as investment assets but also as residences and business premises, attracting both locals and foreigners.   While Thai law still restricts foreigners from owning certain estates in Thailand, ownership is not the sole means of leveraging property in Thailand. Thai legal framework offers various alternatives for individuals, including foreigners,…

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Usufruct – A Feasible Option for Foreigners in Thailand?

Foreigners in Thailand have the possibility to register a usufruct related to a land plot or other real property. 1. Characteristics A usufruct provides limited property rights and is a legal right to the use and enjoyment of immovable property, including commercial benefits of property belonging to another person, according to the CCC section 1417….

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