How to purchase Villa in Koh Samui

1. Can I legally own a pool villa in Koh Samui?

Thai Residence: Yes, Thai nationals can legally own both the land and the villa in their personal name. Ownership is fully recognized under Thai law.

Foreigner: Foreigners can own the building (villa) but not the land directly. Common solutions include a 30-year renewable lease or owning land through a Thai-registered company under proper legal structure.

2. What ownership structures are available?

Thai Residence: Freehold ownership of land and building in your name is the standard and most straightforward option.

Foreigner: Options include:

• Leasehold (30 years, renewable)

• Thai Company Freehold (using a Thai company to hold the land)

  
  

3. What are the buying steps?

Thai Residence:

• Sign a reservation agreement

• Conduct due diligence

• Sign Sale & Purchase Agreement

• Make payments per contract

• Transfer ownership at the Land Office

  
  

Foreigner: Same general steps apply, but with additional processes:

• Reservation and due diligence

• Set up a lease or company (if needed)

• Sign the contract (SPA) and transfer funds through a Thai bank

• Register lease or company ownership at Land Office

  
  

4. What are the typical costs involved?

Thai Residence & Foreigner

• Transfer fee (50/50 with Seller)

• Common area fees

• Company setup/maintenance fees (Only if foreigner)

  
  

5. Can I own the property under my name?

Thai Residence: Yes, land and house can be titled directly under your full name.

Foreigner: You can own the villa in your name, but not the land. You’ll need to use leasehold or Thai company structure for the land portion.

6. Are there annual property taxes or fees?

Thai Residence: Yes, but they are relatively low. The land & building tax applies based on property value.

Foreigner: Yes, same tax applies. If using a company, there may be additional accounting and admin costs annually.

7. Can I rent out my villa when I’m not using it?

Thai Residence: Yes, you can rent out the property for short or long-term stays. For daily rental, a hotel license may be required.

Foreigner: Yes, rental income is allowed. Many foreign owners generate income through platforms like Airbnb. Proper licensing and tax declarations are advised.