Can foreigners own land in Thailand?

Thai law prohibits foreign ownership of land under the Land Code Act: **Legal alternatives:** 1. **Long-term lease (30+30 years):** Register a 30-year lease at the Land Office, with an option to renew for another 30 years. The renewal is contractual (not guaranteed by law). 2. **Usufruct:** Lifetime right to use and benefit from the land, registered at the Land Office. 3. **Superficies right:** Right to own buildings on another person's land for up to 30 years. 4. **Thai spouse's name:** Land in the Thai spouse's name (foreigner signs a waiver at the Land Office). 5. **Thai company:** Controversial — using nominee shareholders is illegal and can result in land confiscation. 6. **BOI-promoted investment:** Investment of THB 40 million+ in certain categories may allow land ownership. **Exception:** The LTR visa may allow land ownership under specific investment conditions (subject to evolving regulations).