Can Thai Elite Visa holders purchase real estate in Thailand?
Similar to other foreigners, Thai Elite Visa holders have the right to own condominiums in their own name. If applicants are interested in obtaining land and constructing a home, they may obtain a long-term lease on the land for a period of up to 30 years.
They will then need to submit an application for a construction permit to erect their house in their own name. In this manner, applicants have the ability to own the home and hold a secure long-term lease on the land.
Why Should I Invest in Phuket?