Can a foreigner own commercial land in Thailand?

Similar to residential land, Thai law prohibits foreigners from directly owning commercial land. The two most secure methods for foreign investors are a 30-year commercial leasehold (often with options to renew) or structuring the purchase through a properly-formed Thai Limited Company. It is essential to seek professional legal advice to ensure your investment is structured correctly and securely.

What are the best areas for a commercial investment in Chiang Mai?

The best area depends on the business type. The Old City and the Night Bazaar (Chang Khlan) areas are prime for tourism and hospitality businesses. Nimmanhaemin Road is the top choice for trendy cafes, restaurants, and retail. For larger businesses or those needing logistical access, the areas along the Super Highway and outer ring roads are ideal.

Why Chiang Mai is a Great Place for Business

Walkway at the property with views
Homestay For Sale In The Heart Of Chiang Mai
Price Sale
Price Rent
Mueang Chiang Mai
,
11
Beds
15
Baths
390
m²
Property location in the surrounding area view
Unique Live-Work Property Chiang Mai | For Sale
Price Sale
Price Rent
Hang Dong
,
5
Beds
5
Baths
430
m²
Chiang Mai Resort for Sale - 19.5 Million THB
Chiang Mai Resort for Sale - 19.5 Million THB
Price Sale
Price Rent
Doi Saket
,
Mae Pong
13
Beds
18
Baths
900
m²
Luxury Lanna Style Resort for Sale in Chiang Mai
Luxury Lanna Style Resort for Sale in Chiang Mai
Price Sale
Price Rent
Hang Dong
,
Ban Waen
10
Beds
10
Baths
900
m²
Main Bar Image
Exclusive Investment: Business - Property Combo for sale in Chiang Mai
Price Sale
Price Rent
Mueang Chiang Mai
,
Chang Khlan
4
Beds
4
Baths
360
m²
Luxury Lanna Style Resort for Sale | Real Estate Chiang Mai
Luxury Lanna Style Resort for Sale | Real Estate Chiang Mai
Price Sale
Price Rent
Hang Dong
,
Ban Waen
36
Beds
35
Baths
2200
m²
Explore Chiang Mai Real Estate ? Future Resort Property for Investment
Explore Chiang Mai Real Estate ? Future Resort Property for Investment
Price Sale
Price Rent
San Pa Tong
,
Nam Bo Luang
23
Beds
28
Baths
1200
m²
Chiang Mai Boutique Hotel for Sale | Prime Location, 18 Rooms 60M THB
Chiang Mai Boutique Hotel for Sale | Prime Location, 18 Rooms 60M THB
Price Sale
Price Rent
Mueang Chiang Mai
,
Chang Phueak
18
Beds
18
Baths
800
m²
Chiang Mai Real Estate| Resort for Sale, Tranquil Oasis with Land
Chiang Mai Real Estate| Resort for Sale, Tranquil Oasis with Land
Price Sale
Price Rent
Mae Rim
,
Saluang
10
Beds
9
Baths
380
m²
5 Villa Resort & Restaurant For Sale in San Kamphaeng with Tenant
5 Villa Resort & Restaurant For Sale in San Kamphaeng with Tenant
Price Sale
Price Rent
San Kamphaeng
,
San Kamphaeng
5
Beds
6
Baths
1000
m²
Business Opportunity in San Kamphaeng, Chiang Mai
Business Opportunity in San Kamphaeng, Chiang Mai
Price Sale
Price Rent
San Kamphaeng
,
San Kamphaeng
6
Beds
10
Baths
350
m²
For Sale Prime Commercial Property in Chiang Mai
For Sale Prime Commercial Property in Chiang Mai
Price Sale
Price Rent
Mueang Chiang Mai
,
Suthep
Beds
10
Baths
415
m²
Nimman Hotel with Licenses, Chiangmai - 33 Rooms, 85MB
Nimman Hotel with Licenses, Chiangmai - 33 Rooms, 85MB
Price Sale
Price Rent
Mueang Chiang Mai
,
Suthep
33
Beds
34
Baths
1080
m²
Resort for sale Chiang Mai, in Mae on | irresistible investment
Resort for sale Chiang Mai, in Mae on | irresistible investment
Price Sale
Price Rent
Mae On
,
On Nuea
24
Beds
24
Baths
1500
m²
External image of the office building complex for sale in Chiang Mai
Office Building Complex | 672 Sqm Space | Investment Opportunity
Price Sale
Price Rent
Mueang Chiang Mai
,
Chang Phueak
2
Beds
5
Baths
672
m²