Answer first
A foreign buyer cannot rely only on the seller's statement that a unit is “foreign quota.” Obtain current written confirmation from the condominium juristic person and verify the transfer requirements with the responsible Land Office. The contract should address what happens if quota is unavailable when ownership is due to register.
Verify the building and transaction.
- The project is a registered condominium and the unit title is valid.
- Current foreign ownership recorded for the building and remaining availability.
- The seller's registered ownership and authority to transfer.
- The buyer's foreign-currency remittance evidence and Land Office documents.
- Contract remedies if foreign freehold registration cannot occur.
Quota is checked at registration.
A letter obtained early in negotiations is useful but may not freeze availability. Reconfirm near transfer and avoid contract language that converts a failed foreign-freehold transfer into an unwanted leasehold or company structure without informed consent and independent advice.
Verify quota before committing funds.
Request current written confirmation for the exact building and planned transfer.
Browse condominiumsForeign quota questions.
What is the foreign ownership quota for a Thai condominium?
The Condominium Act limits the aggregate foreign ownership portion in a registered condominium. Buyers should verify the current quota position for the specific building with the condominium juristic person and responsible Land Office rather than relying on marketing material.
Does available quota guarantee the transfer will register?
No. The buyer must also satisfy identity, remittance-evidence, title, contract and Land Office requirements. Quota availability is one condition, not a complete approval.
Can quota change before transfer?
Yes. Other registrations can affect availability. Obtain current written confirmation and structure the contract for what happens if quota is unavailable on the transfer date.
Is leasehold ownership counted the same way?
Leasehold is a different legal interest from foreign freehold condominium ownership. The quota question applies to registration of foreign ownership, while a lease must be assessed under its own rules.
What should the sale agreement say?
It should state that foreign freehold registration is required, identify responsibility for quota confirmation and remittance evidence, and provide a clear remedy if registration cannot be completed for reasons not caused by the buyer.
