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Foreigners can own a condominium Freehold in their own name. Condominium ownership is best explained by looking at an example of a project that has 100 units for sale.
In this example, 49 of the total units in this building (or 49% of the total salable area) can be owned outright by non-thai nationals in their name. The ownership titles of these 49 units is referred to as Freehold or Foreign Quota.
This leaves 51 units remaining in the building (or 51% of the total salable). The freehold rights to these units are reserved for Thai nationals in what is commonly referred to as the Thai quota.
After you have found the right property at The Extro Phayathai - Rangnam you have to follow these steps:
1 BedroomInstallmentMilestonePaymentReservation DepositImmediately£1,1801st InstallmentUpon contract signing3%2nd InstallmentOn handover97%2 BedroomInstallmentMilestonePaymentReservation DepositImmediately£2361st InstallmentUpon contract signing3%2nd InstallmentOn handover97%2 Bedroom DPInstallmentMilestonePaymentReservation DepositImmediately£7,0701st InstallmentUpon contract signing3%2nd InstallmentOn handover97%
Thailand has different visas like Spousal Visa, Retirement Visa, Student Visa and Elite Visa - just to name a few options. Each visa has different requirements but they are usually easy to obtain.