Condominium Foreign Quota (49%) Purchase
ซื้อคอนโดในโควตาต่างชาติ 49% · § Advisory
Quick Answer
Quota check + SPA + FET arrangement + Land Office transfer from THB 25,000 · Transfer 2% + duty 1% + stamp 0.5%
Timeline: Reserve → SPA 7–14 d · FET 3–5 d · Transfer 1 d at Land Office
Official fee: 2% transfer + 3.3% SBT (held <5 yr) or 0.5% stamp + withholding tax
Legal Basis
Condominium Act B.E. 2522 §19 bis — foreigners may collectively hold up to 49% of total sellable area · Funds must be remitted in foreign currency with a bank FET (Foreign Exchange Transaction) form.
Who Needs This
Foreign condo buyers, property investors, LTR/Elite Visa holders
Required Documents
- Passport + visa
- Reservation / SPA
- FET forms from bank (each remittance)
- Foreign-quota certificate from juristic person
- Debt-free letter (common fee)
Common Pitfalls
- Remittance under USD 50,000/tx needs FET consolidation — most common trap
- Buying from another foreigner → quota must still be re-verified
- Wire from a 3rd-party account = no FET issued → transfer blocked
Typical Use-cases
- THB 8M ready-to-move Sukhumvit condo
- Resale from a previous foreign owner
- Purchase alongside Thai spouse (split SPA)
FAQ
- What if the 49% quota is full?
- Buy as 30-yr leasehold (renewable 30+30) or via a 49% Thai company — but nominee arrangements are illegal.
- Any LTR Visa perks?
- LTR does not waive the 49% quota but offers 1-rai landholding via BOI for Wealthy Pensioner / Global Citizen.
- Can I pay cash in Thailand?
- No — funds must be remitted in foreign currency with FET, otherwise the Land Office will not transfer.
Other Legal Services
Request a quote — Call 083-249-4999 · LINE @NYC168 · contact@ilc.ltd






