In Thailand, there are several legal ways to own or control property, depending on whether you are a Thai national or a foreign buyer. Here is an overview of the most common options: Foreign Quota (Condominium Freehold): Foreigners can legally own up to 49% of the total floor area in a condominium project. A unit registered under the foreign quota allows you to hold the title deed in your own name – the most secure and popular option for international buyers. Thai Quota: The remaining 51% of units in a condominium are reserved for Thai nationals. Foreigners cannot directly hold these in their own name, but they can access them through structures such as purchase via a Thai spouse, company ownership, or leasehold agreements. Company Ownership: A property (condo under Thai quota or land/house) can be purchased through a Thai Limited Company, where the foreigner holds shares. This requires proper legal setup, accounting, and compliance – it is mostly used for land or Thai Quota units. Freehold: This is full and permanent ownership. Foreigners can only directly own freehold condominiums (within the 49% foreign quota), while land freehold is reserved for Thai nationals and companies. Leasehold: Foreigners often secure villas or land via leasehold. The standard term is up to 30 years, often renewable for two additional 30-year periods (30+30+30). Leasehold grants long-term control, though it is not permanent ownership. Other Legal Rights: Alternatives include Usufruct (lifetime right of use), Superficies (ownership of a building on land you don’t own), or extended long-term rental contracts, depending on the agreement with the developer or landowner.