
Can Foreigners Own Property in Thailand Without a Company? Complete 2026 Guide
One of the most common questions from expats considering Thai real estate is: "Can I own property in Thailand without setting up a company?" The answer is nuanced, but garden homes offer a simpler path.
Freehold vs Leasehold
Foreigners can own condominium units freehold, subject to the 49% foreign quota. However, land ownership is restricted. Leasehold structures provide a legal alternative for houses and land.
30-Year Land Leases
Thai law permits land leases up to 30 years, registered at the Land Department. This protects your rights as a lessee. Many leases include renewal options, extending practical control beyond the initial term.
House Ownership Separate from Land
While foreigners cannot own land freehold, they CAN own the house structure outright. The house is registered separately in your name, giving you tangible asset ownership.
Why Garden Homes Simplify Ownership
Garden home projects like TY Garden Living use a leasehold model that doesn't require setting up a Thai company. You own the house, lease the land, and avoid the complexity and costs of corporate structures.
This structure is legally sound, widely used, and specifically designed for foreign buyers seeking simplicity and security.
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