Can foreigners legally own land in Thailand?

No, foreign nationals cannot own land outright in Thailand. The primary options are: purchasing a condominium in a building where at least 51% of units are Thai-owned (with proper foreign currency documentation), entering a long-term lease agreement (typically 30 years), or establishing a Thai company with specific business purposes (subject to legal scrutiny). Each method has distinct tax implications and transfer restrictions. Lease renewals aren't automatically guaranteed under Thai law. For detailed ownership structure comparisons, visit Thailand-Real.Estate.