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Acquisition of Condominium Unit by Alien
Previously, an alien could have ownership in a condominium
unit or bought a condominium unit in each condominium
in a proportion not higher than forty percent of the
total space of all units in that condominium at the
time the application for condominium registration
had been lodging. Later, on April 28th,
1999, the Condominium Act was amended to facilitate
an alien in the purchase of condominium unit. As such,
an alien may have ownership in a condominium unit
in a proportion not higher than forty nine percent
of the total space of all units in that condominium
at the time the application for condominium registration
is being lodged. The amended Act also provides that
an alien may have ownership in a condominium unit
exceeding forty nine percent if the following rules
are satisfied:
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Such condominium shall be situated in Bangkok Metropolis,
municipality area or other local administrative
area i.e. the Pattaya Ciity;
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The total area of the land on which a condominium
is situated, when combined with the land provided
for common use or benefit of all co-owners,
shall not exceed five rai;
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Such condominium shall accommodate not less than
forty condominium units;
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Such condominium shall be registered not less than
one year prior to the date an alien applies
for ownership in the condominium unit;
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Such condominium shall not be situated in the area
of military safety zone under the law on Military
Safety Zone;
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An alien shall utilize a condominium unit in a way
that is not contrary to the local custom or
good living of the local community;
However, in a five year term as from April 28th,1999,
the rules concerning the acquisition of ownership
by an alien in a condominium unit in a higher proportion
than forty nine percent shall take effect. After that
it shall be repealed, and the alien obtaining an ownership
in this regard and the alien receiving an ownership
in a condominium unit transferred by the former are
allowed to continue holding the ownership in that
condominium unit even in a higher proportion than
forty nine percent.
Legal Affairs Division
Department of Land
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