The right to own land in Thailand belongs only to the citizens of the kingdom. However, under certain conditions, a foreigner can become the owner of a land plot. To do this, you need to purchase a Thai company and register land or a house with a plot for this company. To open your company, you will need from 50,000 baht.
It is also possible to lease the plot for 30 years with the possibility of a twofold extension for the same period. If the land is associated with business development, then the lease term is tripled. Thus, foreigners may well acquire a land plot in Thailand.