You paid the reservation fee. You picked the unit. Then the sales office called: the foreign quota is full. This page is for that moment. It sets out the five legal options a foreign buyer has in Thailand when a condo’s 49% foreign quota is exhausted. They’re ranked from lowest risk to highest, with the statute behind each one.
Short answer. When the foreign quota is full, the Land Office will not register the unit in your name (Condominium Act B.E. 2522, Section 19 quater). You have five options. (1) Walk away and recover your reservation fee. (2) Move to a unit or building that still has quota. (3) Register a 30-year lease. (4) Buy in a Thai spouse’s name. (5) Buy through a real Thai-majority company. Options 1 and 2 are low risk. Option 3 is medium. Options 4 and 5 carry real legal and financial exposure. Nothing else on offer (joint ownership with a Thai, “30+30+30” leases, a promised 75% quota) actually works.
We’ve handled this call many times while advising foreign clients in Thailand since 2006. The buyer is usually a few days into a transaction and under pressure to “just sign the lease version”. Don’t. Read this first. It takes ten minutes, and it can save you from paying for a unit you never legally own.
Why the Foreign Quota Is Full and What That Means for Your Transaction
The 49% rule in one paragraph
Section 19 bis of the Condominium Act B.E. 2522 caps foreign ownership at 49% of the total floor area of all units in a building. Not 49% of the units. Floor area. A building with 100 identical units can have 49 foreign-owned units. A building where foreigners bought all the big penthouses may hit the cap at 35 units.
The quota is checked at every transfer. Section 19 ter requires a foreign buyer to present proof of eligibility (usually the Foreign Exchange Transaction form for money brought into Thailand). Section 19 quater then tells the Land Office official to check the foreign ratio. If your unit would push the building over 49%, the official refuses to register. There’s no discretion and no appeal to the developer’s goodwill.
Statutory basis: Condominium Act B.E. 2522 (as amended by Act No. 4, B.E. 2551), Sections 19, 19 bis, 19 ter and 19 quater. Section 19(5) is the ground most foreign buyers rely on: an alien who brings foreign currency into the Kingdom to pay for the unit.
How buyers end up here
Three patterns cover almost every case we see.
The first is the popular new project. The developer sells foreign quota fast, and the last foreign units go before the sales team updates their spreadsheet. You reserved a unit that was already gone.
The second is the resale where nobody checked. The seller is Thai and the agent assumed the unit was “in Thai quota”. Nobody asked the juristic person office whether the foreign side of the building was already full. A Thai seller’s unit does not come with foreign quota attached. Quota belongs to the building, not the unit.
The third is the building that is technically over quota. This happens when the juristic person’s records are stale or when the Land Office used a different floor-area figure. In that case you can’t buy freehold at all until units move back to Thai hands.
What you must do in the next 48 hours
Get the foreign quota position in writing from the condominium juristic person, not from the sales office. Ask for the letter the juristic person issues for transfers. It states the foreign-owned area as of that date. Compare the remaining quota with the floor area of your unit. If adding your unit would take foreign ownership above 49%, the Land Office will not register the transfer. Then read the five options below before you sign anything new.

Option 1: Walk Away and Recover Your Reservation Fee Lowest risk
This is the cleanest exit. It’s also the one buyers underuse, because the sales office presents the lease as the only alternative. It isn’t.
Your legal footing under the Civil and Commercial Code
A reservation fee is usually treated as earnest money. Section 377 of the Civil and Commercial Code makes earnest evidence that a contract was concluded. Section 378 then splits the outcomes. If the buyer defaults, the earnest is forfeited. If performance becomes impossible because of something the seller is responsible for, the earnest must be returned.
If the seller promised a foreign freehold transfer, but the unit cannot be registered because the quota is unavailable, Section 378 supports return of the earnest money when the seller cannot perform for a reason for which the seller is responsible. The contract wording and what each party knew still matter. In our experience, a letter citing the section and attaching the juristic person’s quota letter often produces a refund without court proceedings.
Developer sales: the OCPB reservation rules since 31 January 2025
If you reserved directly from a developer, you have a second layer of protection. The Contract Committee of the Office of the Consumer Protection Board made condominium reservation sales a contract-controlled business. The notification was published on 3 October 2024 and took effect on 31 January 2025.
Under those rules, a developer may keep the reservation fee only when the buyer fails to sign the sale contract within the agreed period. If the developer is the one who can’t perform, refunds are due within 15 days for cash or bank transfer. Credit card payments must be refunded within 45 days. The rules also void clauses that let developers confiscate the fee when the buyer is not at fault. A full quota is not the buyer’s fault.
Two limits. The notification covers business operators selling by reservation. It doesn’t cover a private resale from an individual owner. And it doesn’t name “foreign quota” as a termination ground, so you’ll pair it with Section 378 and the developer’s own representations about foreign eligibility.
Private resales and agents
Resale deposits sit under the Code alone. Check what you signed. Did the reservation form say the unit was available to a foreign buyer? Did the listing say “foreign quota”? Then you have a misrepresentation point as well as Section 378. If the form says nothing about foreign eligibility and you never asked, the argument gets harder. Even then, most sellers return the deposit rather than litigate over a sale that can never close.
Risk assessment: Low relative to proceeding with a defective purchase. Many claims settle after a written demand, but a disputed refund can require an OCPB complaint or court proceedings. Do not assume recovery will take only a few weeks.
Option 2: Move to a Unit or Building With Quota Left Low risk
Still want this project or this neighbourhood? The second option keeps your deal alive without changing its legal nature. You stay a freehold buyer. You just change the unit.
Swapping units inside the same project
Large developers often hold back some foreign quota for later phases or for unsold stock. Ask, in writing, whether any unit remains in foreign quota and whether your reservation fee can be transferred to it. Get the juristic person’s quota letter for the new unit before you agree. Don’t accept the sales team’s verbal “yes, that one is fine”.
Waiting for quota to reopen, safely
Quota is not static. It frees up every time a foreign-owned unit is sold to a Thai national or a company that qualifies as Thai for condominium ownership. In mature buildings that happens a few times a year. In a new building where every foreign unit was just bought by an investor, it may not happen for years.
Waiting is fine only if the paperwork protects you. Three points matter:
- Your sale and purchase agreement must make your payment obligations conditional on foreign quota being available at the transfer date. If quota isn’t available, the contract ends and all payments come back. This is a condition precedent, a concept common-law buyers already know.
- Don’t pay more than the reservation fee while you wait. Instalments paid against a unit you may never register leave you with an unsecured claim against the seller.
- Set a long-stop date. If quota hasn’t reopened by that date, you get your money back and walk.
Some developers offer a “quota waiting list”. Unless its terms are incorporated into a binding contract, priority on the list is a courtesy, not a legal right. Treat an informal list as a hope, not a plan.
Changing building
Quota shortages are concentrated in a small number of buildings that market heavily to foreigners. The building across the street often has 20% foreign ownership and no shortage at all. If your goal is a home rather than that specific tower, this is the fastest way back to a freehold title. Our guide to buying a condominium in Thailand covers the full due diligence sequence.
Risk assessment: Low, provided the new unit’s quota is confirmed by the juristic person and any waiting arrangement is conditional. You end up where you wanted to be: a foreigner with a registered title.
Option 3: Register a 30-Year Leasehold on the Unit Medium risk
This is the option every sales office offers first, because it lets them keep the sale. It is legal. It is also a completely different product from what you reserved. You need to understand what you’re giving up.
What a leasehold condo actually is
A lease is a contract, not ownership. Section 540 of the Civil and Commercial Code caps a lease of immovable property at 30 years. Section 538 requires a lease over three years to be registered at the Land Office, otherwise it’s only enforceable for three years. A registered lease does not consume foreign quota because the Thai owner stays on the title.
For a Canadian or American reader, the closest analogy is a long-term ground lease rather than a condominium title. You have exclusive possession for a term. You don’t own the asset. When the term ends, the unit goes back to the owner.
The renewal problem after Supreme Court Decision No. 4655/2566
Developers and sellers love to say “30 years plus two renewals”. That wording does not create a registered 90-year lease. In Decision No. 4655/2566, the parties signed a 30-year lease and two further 30-year extensions on the same day, and the tenant paid for all 90 years at the outset. The Supreme Court held that the extensions were void because the arrangement was intended to evade the 30-year limit in Section 540. The decision does not say every renewal promise is automatically void, but any promise remains contractual and should not be treated as a property right binding a later owner.
The practical result is simple. Value the lease at 30 years. If the seller adds renewal language, do not price it as a registered right to another 60 years. Our article on the 90-year lease myth in Thailand explains why “30+30+30” fails.
What to negotiate instead
A leasehold can be a sensible choice for a retiree. It suits someone who wants a home for life and doesn’t care about resale. It’s a poor choice for an investor. If you go this route, the lease must be registered. It should also include:
- A right to sublet and to assign the lease without the owner’s consent. Section 544 of the Code otherwise prevents subletting or transfer of the lease unless the agreement permits it.
- Clear wording acknowledging that the registered lease survives a transfer under Section 569. Do not assume that separate personal promises by the original owner will bind a later buyer.
- A written option to buy the unit freehold if foreign quota becomes available during the term, with a fixed price or formula and clear transfer mechanics.
- A reduced price. A 30-year lease is worth less than freehold. In our experience the market discount is real, and so is the resale difficulty. Don’t pay the freehold price for a lease.
Money in, money out
A lease payment made in one lump sum is still rent in law. There’s no FET requirement because you aren’t registering ownership. But when you leave Thailand, remitting the proceeds of an assigned lease can be harder than remitting a freehold sale. Banks look for the original inward remittance record. Keep every document. Our FET form guide explains the paper trail.
Risk assessment: Medium. The structure is legal and registered. The risks are commercial: no ownership, a hard 30-year horizon, lower resale value, and renewal language that creates no registered right to another term. Acceptable for a long-term residence, questionable as an investment.
Option 4: Buy in Your Thai Spouse’s Name Medium to high risk
If you’re married to a Thai national, your spouse can buy the unit in the Thai quota. It’s lawful. It’s also a decision about your marriage and your estate, not just about property. Or you can also buy in your Thai girlfriend name and register a right like usufruct, lease, mortgage, sap-ing-sith or more.
The Land Office declaration
The Land Department Regulations on Ownership of Condominium Units by Foreigners and Foreign Juristic Persons B.E. 2547, particularly clauses 20 and 21, govern this situation. A Thai national married to a foreigner can register a condominium unit in the Thai spouse’s sole name. For the unit to stay in the Thai quota, both spouses confirm that all money used is the Thai spouse’s personal property (sin suan tua), not marital property (sin somros).
Read that again. You are signing a document that says the money was never yours in a marital sense. The Land Office relies on it. So will a divorce court, at least as a starting point.
Divorce: what the declaration does to you
Section 1474 of the Civil and Commercial Code normally presumes that property acquired during marriage is marital property. Here, however, the joint declaration records that the purchase money is the Thai spouse’s personal property, and the Land Department regulation treats the resulting unit as personal property under Section 1472. If the marriage ends, the foreign spouse has no registered share in the unit. Any separate contractual claim would depend on its own facts and cannot be treated as ownership of the condominium.
Death: the inheritance quota trap
This is the risk buyers never see coming. If your Thai spouse dies and you inherit the unit, as a foreign heir who does not qualify must notify the Land Office and dispose of the unit within one year under. A foreign heir who does qualify may still have to dispose of the inherited unit if retaining it would exceed the foreign quota. If the required sale is not completed, the Director-General of the Land Department has power to dispose of the unit.
A Last will and Testament in Thailand helps with succession but does not create quota. Our guide on inheriting property in Thailand as a foreign heir sets out the timeline.
Ways to reduce the exposure
Your spouse can grant you a registered usufruct or a registered 30-year lease. A usufruct is a real right to possess, use and enjoy the unit; a lease gives contractual possession for its registered term. Section 1417 of the Code governs usufruct. Neither makes you the owner or overrides the quota rule on inheritance, but either can protect continued occupation after separation or the owner’s death, subject to its terms. Couples should also read our page on the legal consequences of marriage in Thailand before signing.
Risk assessment: Medium to high. Fully legal, but you hold no title, the divorce outcome is against you by design, and the inheritance rule can force a sale. Suitable only for a stable marriage where the foreign spouse accepts these consequences with open eyes.
Option 5: Buy Through a Thai-Majority Company High risk
The last option is the one that gets foreigners prosecuted. We list it because it’s legal in one narrow form and because you’ll be offered it. We rank it last because most versions sold to foreign buyers are not legal at all.
The narrow legal version
A Thai limited company can buy in the Thai quota only if it is not regarded as foreign under Sections 97 and 98 of the Land Code. The test is not simply a “51% Thai shares” label; the capital structure and, where applicable, the number and status of shareholders also matter. The lawful version has genuine Thai shareholders who paid for their shares, exercise their rights and hold them for their own benefit. The company must also have a lawful corporate purpose for acquiring the unit.
The nominee version and why it’s a crime
The version usually offered to a foreign buyer is different. Thai “shareholders” hold the majority on paper, paid nothing and act only on the foreigner’s instructions. Those facts point to a nominee arrangement. Preference shares, shareholder loans and share-transfer documents are not unlawful by themselves. The offence arises when Thai shareholders hold shares on another person’s behalf to evade the law.
Section 67 of the Condominium Act punishes anyone who holds a unit on behalf of a foreigner or foreign juristic person, whether or not that foreign person would otherwise qualify to own a unit. The penalty is up to two years’ imprisonment, a fine of up to 20,000 baht, or both.
Section 36 of the Foreign Business Act B.E. 2542 also applies when a Thai nominee helps a foreigner evade restrictions on a business governed by that Act. Section 36 punishes both the Thai participant and the foreigner who consents, with imprisonment of up to three years, a fine of 100,000 to 1,000,000 baht, or both. A daily fine of 10,000 to 50,000 baht applies for failure to comply with the resulting court order.
Enforcement in 2025 and 2026
This is no longer a theoretical risk. The Department of Business Development has long screened companies with foreign participation for nominee indicators, and enforcement intensified in 2025 and 2026. Thai shareholders may be asked where their share capital came from, and bank statements may be checked. The Department of Special Investigation and the Anti-Money Laundering Office have joined operations in Phuket, Koh Samui, Koh Pha-ngan and Hua Hin. Company records are cross-checked against land and condominium registrations. Our tracker of nominee crackdowns in Thailand and the court cases behind them is updated as cases are reported. Our page on Thai nominee shareholders explains the verification now applied at registration.
Registrars and investigators look beyond the shareholder list to the source of funds and the parties’ conduct. A company whose Thai shareholders never paid for their shares and merely follow a foreigner’s instructions faces serious nominee risk. Preference voting rights or a foreign director do not, by themselves, prove a nominee arrangement; the full economic relationship matters.
The cost even if nobody investigates
A company must file audited accounts every year and hold shareholder meetings. If it lets a shareholder or director live there for free, the Revenue Department can assess income on an arm’s-length basis; the resulting corporate tax depends on the company’s full accounts. A company buying in the Thai quota does not rely on Section 19(5) FET evidence. When you sell, the buyer must either buy the shares, inheriting the company’s compliance history, or buy the unit from the company. An asset sale produces corporate tax consequences and withholding. Every step costs money and creates records that a later investigator can read.
Risk assessment: High. Lawful only for a genuine Thai company whose Thai shareholders invest and act for their own benefit. For a foreign individual who simply wants a home, the nominee version is a criminal structure that can end in forced sale, fines and imprisonment. We don’t set these up, and we advise clients to unwind them.
Comparison Table: Five Options When the Foreign Quota Is Full
| Option | Legal basis | What you get | Main risk | Exit and resale | Risk rank |
|---|---|---|---|---|---|
| 1. Walk away, recover fee | CCC s.377-378; OCPB reservation notification (in force 31 Jan 2025) for developer sales | Your money back | Delay, possible letter before action | Not applicable | Lowest |
| 2. Switch unit or building, or wait with a conditional contract | Condominium Act s.19, 19 bis, 19 quater; contract conditions | Freehold title in your own name | Waiting may take years; only safe if payments are conditional | Normal resale in foreign or Thai quota | Low |
| 3. Registered 30-year lease | CCC s.538, 540, 544, 569; Dika 4655/2566 | Exclusive possession for 30 years | No ownership; no registered right to automatic renewals; declining value | Assignment of the remaining term, harder to sell | Medium |
| 4. Thai spouse’s name | Land Department condominium regulations B.E. 2547, clauses 20-21; CCC s.1472, 1474; Condominium Act s.19 quinque and s.19 septem | Family home in Thai quota | No registered ownership for the foreign spouse; forced sale within one year on the Thai spouse’s death if the foreign heir cannot retain it | Spouse sells in Thai quota | Medium to high |
| 5. Thai company | Land Code s.97-98; Condominium Act s.19 bis and s.67; FBA s.36 where its business restrictions are evaded | Qualifying Thai company owns unit in Thai quota | Holding for a foreigner violates s.67; active DBD and DSI enforcement; annual costs | Share sale or asset sale, both taxed and scrutinised | High |
What Is Not an Option (Even Though Someone Will Suggest It)
“Just co-own it with a Thai friend”
Land Office practice treats a unit with any foreign co-owner as a foreign-owned unit. The whole floor area counts against the 49% cap, not your half. Co-ownership doesn’t create quota. It also gives a friend a registered interest in your home.
“The quota will be 75% soon”
In 2024 the cabinet asked the Ministry of Interior to study raising the cap to 75% and extending leases to 99 years. The idea met strong political resistance. As of August 2026 no amending Act has been passed. Section 19 bis still says 49%. Never buy on the assumption that the law will change in your favour. If it does, you can benefit later.
“The developer guarantees foreign quota at transfer”
A developer can’t guarantee what the Land Office will register. It can only promise to refund you if registration fails. Make sure the contract says exactly that, with a date and an amount. Our off-plan condo guide explains how to draft the refund clause.
“Get an Elite or LTR visa, then the rules are different”
No visa changes the quota. Section 19 lists who may own, and most foreign buyers qualify through the foreign-currency route in Section 19(5), not because of their visa. Section 19 bis caps how much all qualifying foreigners may own together. An Elite or LTR visa does nothing about a full building.
Step-by-Step: What to Do This Week
- Get the quota letter. Ask the condominium juristic person for its foreign ownership certificate. Keep the sales office out of it.
- Freeze payments. Don’t pay the contract deposit or any instalment until the quota position is resolved in writing.
- Re-read your reservation form. Look for any statement about foreign eligibility, the sale contract deadline, and refund terms. Photograph it.
- Send a written notice. State that the unit can’t be registered to you and cite Section 378 of the Code. Ask for the fee back, or for a transfer to a unit in foreign quota. Give a deadline.
- Decide with numbers. If you consider a lease, ask for the price as a lease and compare it to the freehold price. If you consider your spouse’s name, price in the divorce and inheritance risks honestly.
- Have the replacement contract reviewed before signing. A lease, a conditional purchase agreement or a spousal purchase each need different clauses. Our flat-fee property packages start at THB 19,900 for a condominium purchase and include the contract review.
Costs and Fees to Expect
| Item | Typical cost | Notes |
|---|---|---|
| Foreign quota certificate from juristic person | Free to THB 1,000 | Usually issued with the debt-free letter at transfer |
| Lawyer’s letter to recover reservation fee | From THB 2,000 (one-hour consultation) to a flat-fee package | Most refunds are settled without court |
| Registration of a 30-year lease | 1% registration fee plus 0.1% stamp duty on the total rent | Payable at the Land Office; negotiate who pays |
| Freehold transfer (when quota is available) | 2% transfer fee plus withholding tax and, where applicable, specific business tax or stamp duty | See our condo buying guide for the full breakdown |
| Usufruct from a Thai spouse | THB 50 if registered without compensation; if compensated, 1% registration fee plus 0.5% stamp duty on the compensation | A lease is charged separately under the lease rates above |
| Thai company (setup and annual compliance) | Setup from THB 30,000; annual audit and filings from THB 25,000 | Costs continue every year; nominee version is unlawful |
Figures are indicative as of August 2026. Government fees change by ministerial regulation, and reduced transfer fees are sometimes offered for lower-value units.
Frequently Asked Questions About a Full Foreign Quota
What happens if the foreign quota is full when I buy a condo in Thailand?
Can I get my reservation fee back if the foreign quota is full?
Does the foreign quota ever open up again?
Is a 30-year leasehold condo a good alternative to freehold?
Can my Thai spouse buy the condo in the Thai quota instead?
Can I use a Thai company to buy a condo when the foreign quota is full?
Has Thailand raised the foreign condo quota to 75%?
If I co-own a condo with a Thai friend, does only my half count against the foreign quota?
How ThaiLawOnline Can Help
We’ve been advising foreign clients in Thailand since 2006, in English, French and Thai. When the quota is full, we do three things fast. We confirm the real quota position with the juristic person. We seek recovery of your reservation fee or move it to a unit you can own. And we review any replacement lease or conditional contract before you sign.
Start with a one-hour consultation for THB 2,000, or choose a flat-fee condominium package from THB 19,900. You can also contact a Thai lawyer directly, or browse our Thai property law services.
Key Takeaways
- A full foreign quota means the Land Office will not register the unit to you. The 49% cap in Section 19 bis of the Condominium Act is applied at every transfer, with no discretion.
- Your lowest-risk moves are to recover the reservation fee or to move to a unit that still has quota. Section 378 of the Civil and Commercial Code and the OCPB reservation rules for developer sales back the refund.
- A registered 30-year lease is legal but is a different product. Value it at 30 years. Decision No. 4655/2566 voided two prepaid 30-year extensions designed to evade the statutory limit; renewal wording does not create a registered 90-year right.
- Buying in a Thai spouse’s name puts the unit outside your reach on divorce. After the Thai spouse’s death, Sections 19 quinque and 19 septem may require the foreign heir to sell within one year, depending on the heir’s qualification and the available quota.
- A Thai company can hold the unit in the Thai quota only when it is not regarded as foreign under the Land Code and its Thai shareholders invest and act for their own benefit. Holding the unit for a foreigner is an offence under Section 67 of the Condominium Act. Section 36 of the Foreign Business Act also applies where the arrangement evades restrictions under that Act.
- Joint ownership with a Thai, “30+30+30” leases, developer quota guarantees and the 75% proposal do not solve the problem.
This article is general information about Thai law as of August 2026. It is not legal advice for your transaction. Statutory references are to the Condominium Act B.E. 2522 as amended, the Civil and Commercial Code, and the Foreign Business Act B.E. 2542. Court decisions are cited by Supreme Court (Dika) number and Buddhist Era year. Fees and enforcement practice change. Speak to a licensed Thai lawyer before you sign or pay.




