Lawyer Answers
W Law International (Thailand)
Dear Sir/Madam,
Certainly, foreigner is allowed to lease the land for 30 years, and can have ownership on the construction
W Law International (Thailand)
Mahanakorn Partners Group Co., Ltd
KKB International Law Firm Co., Ltd.
Dear Sir/Madam,
Please allow us to introduce ourselves. We are KKB International Law Firm, a modern and productive law firm based in Thailand. We provide a full range of legal services to domestic and international clients. Our team are full of qualified and experienced lawyers who can use expert knowledge in regard to any legal matters arising in, or related to, the Kingdom of Thailand. We promise to provide confidential professional advice on all legal matters and make a commitment to ensure that we will work provide the best results for the clients. As you required we be able to assist you in this case.
Should you would like to get furthermore information please do not hesitate to contact us.
Thailand Family Law Partners (TFL)
In Thailand, a 30-year land lease is a type of agreement in which the owner of a piece of land grants the use of that land to another party for a period of 30 years. This type of lease is commonly used for real estate development, as it allows the lessee to invest in the construction of buildings or other improvements on the land without having to purchase the land outright.
There are a few key points to consider when entering into a 30-year land lease in Thailand. First, it is important to carefully review the terms of the lease agreement, as this will determine the rights and obligations of both the lessor and the lessee. The agreement should specify the duration of the lease, the purpose for which the land may be used, and any restrictions on the use of the land.
One of the main benefits of a 30-year land lease is the ability to use the land for a long period of time without having to purchase it outright. This can be especially attractive for someone who wants to build, as it allows them to invest in the construction of buildings or other improvements without having to commit to a large upfront cost.
However, it is important to note that a 30-year land lease is not the same as owning the land outright. At the end of the lease period, the lessee will no longer have the right to use the land unless the lease is renewed or the lessee purchases the land.
Overall, a 30-year land lease can be a useful option for those looking to use land for real estate development in Thailand, but it is important to carefully consider the terms of the agreement and the financial implications of the lease before entering into such an arrangement.
Thailand Family Law Partners (TFL)
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