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Should a Foreigner Create a Thai Company to Own Phuket Land?

Thailand Property Ownership · 2025-10-11

Generated editorial image for Phuket Thai Company Structures, supporting Phuket property research, area comparisons and practical buyer guidance. This is contextual imagery, not a photograph of a specific property or live listing. Generated editorial image for Phuket Independent Legal Advice, supporting Phuket property research, area comparisons and practical buyer guidance. This is contextual imagery, not a photograph of a specific property or live listing.

A genuine operating company may own property for legitimate business purposes, but creating a company mainly to disguise foreign ownership or using Thai shareholders who do not genuinely invest and control their shares is a serious risk. In 2026 the Department of Business Development intensified nominee investigations, including operations connected with Phuket and land-holding structures. Buyers should not accept “everyone does it” as advice. Obtain written independent legal and accounting advice on beneficial ownership, capital, business activity, tax, governance and exit risk.

Never let a sales label replace the registered documents. Ownership, occupation, control, rental and inheritance are separate questions. The correct structure depends on the buyer, property and current Thai law, and should be confirmed in writing by an independent Thai lawyer.

This is general guide information only; obtain current independent Thai legal, tax, financial or technical advice for the specific transaction.

Useful next steps

Use this answer as a practical starting point. Current prices and availability should be confirmed with the relevant seller, developer or manager, while ownership, contracts, tax and inspection matters should be checked with qualified buyer-side professionals.

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