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What is the 49% Foreign Quota in Thai Condominiums?
Quick Answer
The Foreign Quota is a legal limit under the Condominium Act B.E. 2522, stating that foreigners can collectively own no more than 49% of the total sellable floor area in a single condominium project. The remaining 51% must be owned by Thai nationals or Thai entities.
This calculation is based on the total 'sellable floor area' of the building, not the number of units. For example, in a building with 10,000 sqm of total living space, foreigners can own up to 4,900 sqm. Once this limit is reached, any remaining units can only be sold to foreigners under a 'Leasehold' agreement (typically 30 years) or to Thai buyers.
As of 2026, the Land Department remains strict on this ratio to ensure Thai majority ownership. Before paying a reservation fee, it is critical to request a 'Quota Certificate' from the Condominium Juristic Person (CJP) to verify that the foreign quota is still available for that specific unit. This status is officially recorded at the local Land Office during the title transfer.
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This calculation is based on the total 'sellable floor area' of the building, not the number of units. For example, in a building with 10,000 sqm of total living space, foreigners can own up to 4,900 sqm. Once this limit is reached, any remaining units can only be sold to foreigners under a 'Leasehold' agreement (typically 30 years) or to Thai buyers.
As of 2026, the Land Department remains strict on this ratio to ensure Thai majority ownership. Before paying a reservation fee, it is critical to request a 'Quota Certificate' from the Condominium Juristic Person (CJP) to verify that the foreign quota is still available for that specific unit. This status is officially recorded at the local Land Office during the title transfer.