Transcript of the above video: 

As the title of this video suggests, we are posing question, "is the Thai Government sort of encouraging foreign property ownership?" I thought of making this video after reading a recent article from the Bangkok Post, that is bangkokpost.com, the article is titled: Cabinet endorses property stimulus. Quoting directly: "The Cabinet on Tuesday approved fresh property measures including new cuts of the transfer fee and raising the limit for home and condo prices eligible for the transfer and mortgage registration fee benefits to 7 million Baht, up from the current level of less than 3 million." 

Yeah interesting here. So one thing to bear in mind, foreign nationals are precluded from owning real estate, specifically land here in Thailand pursuant to Thai Law; it is only for Thai nationals to buy land. Meanwhile though, it is possible for foreign nationals to own condos here in Thailand. As we have discussed in many other videos, pursuant to the Thai Condominium Act, a foreign national can be granted what we would call in the American Common Law vernacular Fee Simple Absolute Title, what I hear sometimes referred to by Australians as Freehold Title and what it is often called Chanote Title here in Thailand. We are talking about a Title Deed, you have a deed to that property; you own it; you have right of use, presumably exclusive right of use unless you have another owner on the Thai property as well, and yes it is possible for foreigners to own condos. 

As we discussed in other videos, again to reiterate, it is not possible for foreigners to own land although long-term leases may be available here in Thailand as well as things like usufruct and superficies which will allow usage, for example lifetime usage of a given piece of property; again leasing is sometimes utilized. There are other methodologies of gaining enjoyment over real estate here in Thailand. But that said, as far as ownership goes, foreign nationals generally speaking are restricted to Thai condominiums only.