The answer is "Yes" and "No"...NO because ...Under Thai

law, foreigners are not allowed to own land. So you never

can own land fully in your name.But YES because ... You do

have the right to the ownership of buildings distinct from

the land.A sale is mostly in 2 parts. First there is the land,

what you cannot own and that you will lease for a period o

f 30 years, renewable a further two times giving a total of

90 years but for this extension is not guarantee at this

moment. Then there is the building, distinct from its land

and you can own that building completely in your name

forever.You can own a unit in a registered Condominium building fully on your name called freehold, or a building distinct from its land and registered leasehold of up to 30 years for all types of land titles.You can never own freehold land or own more than 49% of the shares in a Thai company that owns freehold land. In that last case, you can be a share holder of the company that owns the land, still the majority of power stays in Thai hands because they always will have 51 percent of the shares. There is an option that the Thai share holders has almost no voting rights so you as foreigner can be in control of the property bought on Thai company name. Registered leaseholds are secure and relatively straightforward. Security of the possession of land is assured by the fact that you are the legal owner of the buildings which occupy the land. Therefore, the lesser cannot take possession of the property upon expiration of the lease as the property is separated from the land and will not be a component part under the Civil Law. Even not owning the land and owning the building, nobody can kick you from the land for the whole lease period of 30 years plus extensions but they are not guaranteed.If you choose to set up a Thai company that you control, and which can legally purchase land, you can buy land but not own it in full.

The answer on the question if you can own property in Thailand is NO on the full ownership of land and YES on the full ownership of the building. So this answer has a YES and a NO at the same time. But at all times, only buy property with the assistance of a good real estate agent backed up by a Thai lawyer.