{"id":932,"date":"2021-08-15T10:00:54","date_gmt":"2021-08-15T03:00:54","guid":{"rendered":"https:\/\/belaws.flywheelsites.com\/thailand\/?p=932"},"modified":"2025-03-17T10:00:55","modified_gmt":"2025-03-17T03:00:55","slug":"real-estate-crypto-currencies","status":"publish","type":"post","link":"https:\/\/belaws.com\/thailand\/real-estate-crypto-currencies\/","title":{"rendered":"Buying real estate in Thailand with crypto-currencies"},"content":{"rendered":"\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-ksd0xiy5-9af0182806a6b55a2797f6c19008dfde\">\n.avia-section.av-ksd0xiy5-9af0182806a6b55a2797f6c19008dfde{\nmargin-top:20;\nmargin-bottom:0;\n}\n<\/style>\n<div id='breadcrumb_section'  class='avia-section av-ksd0xiy5-9af0182806a6b55a2797f6c19008dfde main_color avia-section-default avia-no-border-styling  avia-builder-el-0  el_before_av_section  avia-builder-el-first  sticky avia-bg-style-scroll av-minimum-height av-minimum-height-custom  container_wrap sidebar_right'  ><div class='container av-section-cont-open' style='height:20px'><main  role=\"main\" itemprop=\"mainContentOfPage\"  class='template-page content  av-content-small alpha units'><div class='post-entry post-entry-type-page post-entry-932'><div class='entry-content-wrapper clearfix'>\n<section  class='av_textblock_section av-ks8kyyfa-facab0127ba9da0f9df5cd8b638903d7'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock breadcrumb'  itemprop=\"text\" >\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-18myty-919e5cb9f68131fb6240d9c12261edb4\">\n.av_font_icon.av-18myty-919e5cb9f68131fb6240d9c12261edb4 .av-icon-char{\nfont-size:11px;\nline-height:11px;\n}\n<\/style>\n<span  class='av_font_icon av-18myty-919e5cb9f68131fb6240d9c12261edb4 avia_animate_when_visible av-icon-style- avia-icon-pos-left av-no-color avia-icon-animate'><span class='av-icon-char' aria-hidden='true' data-av_icon='\ue874' data-av_iconfont='entypo-fontello' ><\/span><\/span>\n<div style=\"padding-left: 15px;\"><span class=\"\"><a href=\"https:\/\/belaws.com\/thailand\/\">Belaws Home<\/a> \u203a\u203a <a href=\"https:\/\/belaws.com\/thailand\/\">Thailand<\/a> \u203a\u203a <a href=\"https:\/\/belaws.com\/thailand\/blog\">Blog<\/a><\/span> \u203a\u203a Buying real estate in Thailand with crypto-currencies<\/div>\n<\/div><\/section>\n\n<\/div><\/div><\/main><!-- close content main element --><\/div><\/div>\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-re718-6bd407e71e4a2b69e78b25739abefdcc\">\n.avia-section.av-re718-6bd407e71e4a2b69e78b25739abefdcc{\nmargin-top:20;\nmargin-bottom:0px;\n}\n<\/style>\n<div id='av_section_2'  class='avia-section av-re718-6bd407e71e4a2b69e78b25739abefdcc main_color avia-section-no-padding avia-no-border-styling  avia-builder-el-3  el_after_av_section  el_before_av_section  avia-bg-style-scroll container_wrap sidebar_right'  ><div class='container av-section-cont-open' ><div class='template-page content  av-content-small alpha units'><div class='post-entry post-entry-type-page post-entry-932'><div class='entry-content-wrapper clearfix'>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-ksd27few-1f8c384e085c379baccb5abbe326157c\">\n#top .hr.hr-invisible.av-ksd27few-1f8c384e085c379baccb5abbe326157c{\nheight:100px;\n}\n<\/style>\n<div  class='hr av-ksd27few-1f8c384e085c379baccb5abbe326157c hr-invisible  avia-builder-el-4  el_before_av_two_fifth  avia-builder-el-first  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div>\n<div class='flex_column av-gmj0k-ac56bb06b98c278ca7684f46c4d7723e av_two_fifth  avia-builder-el-5  el_after_av_hr  el_before_av_three_fifth  first av-break-at-tablet flex_column_div '   ><p><section  class='av_textblock_section av-kscys0p5-dea49aec98af3418f6bc875197a205db'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock sur-titre_bleu'  itemprop=\"text\" ><p>legal &#8211; Blockchain &#8211; Cryptocurrencies &#8211; Real estate<\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-lra90-9ab3f8d48a81ed396ae07bbaafa596f6'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h1_bleu_post'  itemprop=\"text\" ><h1>Buying real-estate in Thailand with crypto-currencies<\/h1>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-b3jfo-03f63b84c9a76d84e1713c05a87923fd\">\n#top .hr.hr-invisible.av-b3jfo-03f63b84c9a76d84e1713c05a87923fd{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-b3jfo-03f63b84c9a76d84e1713c05a87923fd hr-invisible  avia-builder-el-8  el_after_av_textblock  el_before_av_post_metadata '><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-av_post_metadata-3f1880b9956aa5116055829522854aeb\">\n#top .av-post-metadata-container.av-av_post_metadata-3f1880b9956aa5116055829522854aeb{\ncolor:#1a4367;\n}\n<\/style>\n<div  class='av-post-metadata-container av-av_post_metadata-3f1880b9956aa5116055829522854aeb av-metadata-container-align-left  avia-builder-el-9  el_after_av_hr  el_before_av_textblock  av-metadata-container-1'><div class='av-post-metadata-container-inner'><span class=\"av-post-metadata-content av-post-metadata-meta-content\"><span class=\"av-post-metadata-content av-post-metadata-modified\"><span class=\"av-metadata-before av-metadata-before-modified\">Latest Update : <\/span><span class=\"av-post-metadata-modified-date\" >March 17, 2025<\/span><\/span><span class=\"av-post-metadata-content av-post-metadata-separator\">- <\/span><span class=\"av-post-metadata-content av-post-metadata-published\"><span class=\"av-metadata-before av-metadata-before-published\">Published date : <\/span><span class=\"av-post-metadata-published-date\" >August 15, 2021<\/span><\/span><\/span><\/div><\/div><br \/>\n<section  class='av_textblock_section av-9sij8-1692f7cdc71a8dff34f90343926a19fe'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_18'  itemprop=\"text\" ><p>Since bursting onto the scene, Bitcoin has changed the way people think about and invest their money.<\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-ktl4no5e-190c37d77128aedda011a654e8477893'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_18'  itemprop=\"text\" ><p><strong>Thailand now recognises Bitcoin (BTC) as a legitimate currency<\/strong> (as well as other crypos listed in the <a href=\"https:\/\/www.sec.or.th\/EN\/Documents\/ActandRoyalEnactment\/RoyalEnactment\/enactment-digitalasset2018.pdf\" target=\"_blank\" rel=\"noopener\">Royal Enactment on Digital Asset Businesses (REDA)<\/a> e.g <strong>Ethereum \u2013 ETH, Ripple \u2013 XRP and Stellar \u2013 XLM<\/strong>). Thailand has also granted licenses for crypto exchange brokers, such as Bitkub &amp; Bitazza, allowing users in Thailand to cash out crypto into THB.<\/p>\n<\/div><\/section><\/p><\/div><div class='flex_column av-bmm5w-737f28be9bb008277e27311ae0eaf479 av_three_fifth  avia-builder-el-12  el_after_av_two_fifth  avia-builder-el-last  av-break-at-tablet flex_column_div '   ><p>\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-kscy8en7-184577d8d516372da1879eb6b0ef0f23\">\n.avia-image-container.av-kscy8en7-184577d8d516372da1879eb6b0ef0f23 .av-image-caption-overlay-center{\ncolor:#ffffff;\n}\n<\/style>\n<div  class='avia-image-container av-kscy8en7-184577d8d516372da1879eb6b0ef0f23 av-styling- avia-align-center  avia-builder-el-13  el_before_av_image  avia-builder-el-first  radius_10 img av-medium-hide av-small-hide av-mini-hide'  itemprop=\"image\" itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/ImageObject\" ><div class=\"avia-image-container-inner\"><div class=\"avia-image-overlay-wrap\"><img decoding=\"async\" class='wp-image-5399 avia-img-lazy-loading-not-5399 avia_image' src=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/11\/105.png\" alt='Should You Consider Using Cryptocurrency in Your Business Operations?' title='Should You Consider Using Cryptocurrency in Your Business Operations?'  height=\"800\" width=\"990\"  itemprop=\"thumbnailUrl\" srcset=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/11\/105.png 990w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/11\/105-600x485.png 600w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/11\/105-300x242.png 300w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/11\/105-768x621.png 768w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/11\/105-495x400.png 495w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/11\/105-845x684.png 845w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/11\/105-705x570.png 705w\" sizes=\"(max-width: 990px) 100vw, 990px\" \/><\/div><\/div><\/div><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-ksln451w-f910ea5240432f8176efb0c1d6c8ec34\">\n.avia-image-container.av-ksln451w-f910ea5240432f8176efb0c1d6c8ec34 .av-image-caption-overlay-center{\ncolor:#ffffff;\n}\n<\/style>\n<div  class='avia-image-container av-ksln451w-f910ea5240432f8176efb0c1d6c8ec34 av-styling- avia-align-center  avia-builder-el-14  el_after_av_image  avia-builder-el-last  radius_10 img av-desktop-hide'  itemprop=\"image\" itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/ImageObject\" ><div class=\"avia-image-container-inner\"><div class=\"avia-image-overlay-wrap\"><img decoding=\"async\" class='wp-image-5398 avia-img-lazy-loading-not-5398 avia_image' src=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/11\/104.png\" alt='Should You Consider Using Cryptocurrency in Your Business Operations?' title='Should You Consider Using Cryptocurrency in Your Business Operations?'  height=\"1200\" width=\"989\"  itemprop=\"thumbnailUrl\" srcset=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/11\/104.png 989w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/11\/104-600x728.png 600w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/11\/104-247x300.png 247w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/11\/104-849x1030.png 849w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/11\/104-768x932.png 768w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/11\/104-659x800.png 659w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/11\/104-581x705.png 581w\" sizes=\"(max-width: 989px) 100vw, 989px\" \/><\/div><\/div><\/div><\/p><\/div><\/div><\/div><\/div><!-- close content main div --><\/div><\/div>\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-kscyoqk4-666a58ff317ddf61a5914fb400fd87f4\">\n.avia-section.av-kscyoqk4-666a58ff317ddf61a5914fb400fd87f4{\nbackground-color:#fafafa;\n}\n<\/style>\n<div id='av_section_3'  class='avia-section av-kscyoqk4-666a58ff317ddf61a5914fb400fd87f4 main_color avia-section-default avia-no-border-styling  avia-builder-el-15  el_after_av_section  el_before_av_section  avia-bg-style-scroll container_wrap sidebar_right'  ><div class='container av-section-cont-open' ><div class='template-page content  av-content-small alpha units'><div class='post-entry post-entry-type-page post-entry-932'><div class='entry-content-wrapper clearfix'>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-ksd2ivxm-023071e5c33e5c283329416739e1beb3\">\n#top .hr.hr-invisible.av-ksd2ivxm-023071e5c33e5c283329416739e1beb3{\nheight:60px;\n}\n<\/style>\n<div  class='hr av-ksd2ivxm-023071e5c33e5c283329416739e1beb3 hr-invisible  avia-builder-el-16  el_before_av_two_third  avia-builder-el-first  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div>\n<div class='flex_column av-fpevw-aab8acce1826d370629f645f34d6bd3b av_two_third  avia-builder-el-17  el_after_av_hr  el_before_av_one_third  first av-break-at-tablet flex_column_div '   ><section  class='av_textblock_section av-kscytnto-f4ae9c56c04bf4a15bd98ec286ef7b59'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h2>Is it possible to use your crypto to buy a property in Thailand?<\/h2>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-1y1jw-86e457f0b8a87039ad6985a68ac07a98'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p>In theory, yes, but in practice it depends on the type of property and the structuring of the transaction.<\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-8ohy4-615d1f27b696ad99b0177472e80baf0d'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p>Under Thai law, foreigners can own condos, buildings\/structures (e.g villas), lease land or property but they CANNOT own land.<\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-ktl8fndl-19cb218a492786cc8fe46a8d80422524'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p>A common way for foreigners to purchase land is to set up a Thai company (which owns the land) and then build the property (the property would be 100% foreign-owned).<\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-ktl4r8gp-c25c5005e3bc57d0e2709b7e1dd5180a'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p>An alternative option would be for the purchaser to enter into a long term lease agreement.<\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-ktl8gb6x-e1cf5cc75eeb7a67914810d04563cbb4'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p>You also need to establish whether or not the seller will accept a payment in Bitcoin. If they refuse to accept Bitcoin, you may be able to send the payment using a stable coin such as Tether (USDT), which the seller can easily cash out into THB.<\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-kslhz22i-80ca9a86ac569e3499454753d38b1794\">\n.avia-image-container.av-kslhz22i-80ca9a86ac569e3499454753d38b1794 .av-image-caption-overlay-center{\ncolor:#ffffff;\n}\n<\/style>\n<div  class='avia-image-container av-kslhz22i-80ca9a86ac569e3499454753d38b1794 av-styling- avia-align-center  avia-builder-el-24  el_after_av_textblock  el_before_av_textblock  post_photo_landscape'  itemprop=\"image\" itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/ImageObject\" ><div class=\"avia-image-container-inner\"><div class=\"avia-image-overlay-wrap\"><img decoding=\"async\" class='wp-image-5402 avia-img-lazy-loading-not-5402 avia_image' src=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/11\/106a.png\" alt='Should You Consider Using Cryptocurrency in Your Business Operations?' title='Should You Consider Using Cryptocurrency in Your Business Operations?'  height=\"700\" width=\"1200\"  itemprop=\"thumbnailUrl\" srcset=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/11\/106a.png 1200w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/11\/106a-600x350.png 600w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/11\/106a-300x175.png 300w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/11\/106a-1030x601.png 1030w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/11\/106a-768x448.png 768w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/11\/106a-990x578.png 990w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/11\/106a-705x411.png 705w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/div><\/div><\/div><br \/>\n<section  class='av_textblock_section av-ajxf0-aff1e95a5118c108de78a88df231b26d'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h2>Buying a condominium with bitcoin in Thailand<\/h2>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-921lo-5ee0d900573dcf5b9c438aaa5fe4f30d'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p>A foreigner may buy and 100% own a condo, however, the following criteria must be met:<\/p>\n<ul>\n<li>The ratio of condo units owned by foreigners in the building must not exceed 49% of the total units.<\/li>\n<li>The funds being used to buy the unit are remitted from abroad.<\/li>\n<\/ul>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-72cl0-d225dba1e62d4e773a8ad33d7621ee31'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p>When registering the transfer of ownership at the Land Office, the officers will request an FX form from the bank showing that the funds have been transferred from a bank abroad in a foreign currency. Unfortunately, unlike banks, crypto exchanges can\u2019t provide this kind of document.<\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-ktl5vbdg-237604bff8614ee0be4267960eab9e43'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p>Therefore, if you want to buy a condo using crypto you must cash out into FIAT (a Government backed legal tender such as USD), deposit the FIAT in a bank account abroad and then transfer the funds to Thailand.<\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-kslju3kr-34c18481f751f26c1a68b2252979e128'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h2>Property\/land owned through a Company<\/h2>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-ksljw7xh-eb8428c3a431d84c1c75c5d3f2dc8679'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p>If the land is already owned by an existing company, you may simply buy that company outright. Technically this would be a share transfer transaction and you would have to pay the owner directly. If the owner accepts crypto as a form of payment, you could complete the transaction using this method.<\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-e8uws-5fb1c7e0400e1bdff3946394c96d4501'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h3_bleu_post'  itemprop=\"text\" ><h3>Buying the property\/land directly from the owner though a new Thai company<\/h3>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-8pzyk-31262c0feeaa086f9f0b326a91be6013'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p>This option involves much more bureaucracy, such as various corporate and accounting issues, dealing with the Land Office and taxes etc.<\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-ktl8judj-998eed2f01545bef5192c0d4ad44add8'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p>When you purchase land, the transfer of ownership must be registered at the Land Office. The Land Office requires that the sale amount be specified in FIAT (the seller and the buyer must create a specific agreement for this).<\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-ktl8k5yh-12eed2a4217221113bede353238c1eef'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p>The Land Office will also require the transfer fees and any taxes to be paid in THB.<\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-ktl8kfhn-aa85c3b7b5fe0eda62a69bbe30fe00c6'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p>If the buyer is a company, the funds required to buy the property have to appear on the company\u2019s balance sheet. At the time of writing, crypto cannot be used as registered capital.<\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-b1iwk-49142a9433e833b5c108f800a3796b11\">\n.avia-image-container.av-b1iwk-49142a9433e833b5c108f800a3796b11 .av-image-caption-overlay-center{\ncolor:#ffffff;\n}\n<\/style>\n<div  class='avia-image-container av-b1iwk-49142a9433e833b5c108f800a3796b11 av-styling- avia-align-center  avia-builder-el-36  el_after_av_textblock  el_before_av_textblock  post_photo_landscape'  itemprop=\"image\" itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/ImageObject\" ><div class=\"avia-image-container-inner\"><div class=\"avia-image-overlay-wrap\"><img decoding=\"async\" class='wp-image-5409 avia-img-lazy-loading-not-5409 avia_image' src=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/11\/107a.png\" alt='Should You Consider Using Cryptocurrency in Your Business Operations?' title='Should You Consider Using Cryptocurrency in Your Business Operations?'  height=\"700\" width=\"1200\"  itemprop=\"thumbnailUrl\" srcset=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/11\/107a.png 1200w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/11\/107a-600x350.png 600w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/11\/107a-300x175.png 300w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/11\/107a-1030x601.png 1030w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/11\/107a-768x448.png 768w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/11\/107a-990x578.png 990w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/11\/107a-705x411.png 705w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/div><\/div><\/div><br \/>\n<section  class='av_textblock_section av-k3dm4-bb0e7e1168fff943e2db8f141ee165b6'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h2>Long-term lease<\/h2>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-dgjmc-67db96b66b6aacfe6cd7b702aad5ee2e'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p>A long-term lease (up to a maximum of 30 years) is a simple way for foreigners to gain an interest in a piece of land. Leaseholds can be renewed for successive terms of not more than 30 years (up to 50 years for industrial or commercial purposes).<\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-79rk4-897d2aba76f310eba0e77900ac4623b1'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p>Once registered at the Land Office (required for leases of more than 3 years), the lease becomes a lien upon the title deed (if the land is sold, the lessee keeps his right to use the land until the lease ends).<\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-ktl8m8di-952204abd46c7bcbacffd0bd50b0c23b'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p>If the owner of the land agrees, the lessor can pay the rental price in crypto. For long-term leases registered at the Land Office, the rental amount needs to be specified in FIAT (the lessor and the lessee would create a specific agreement for this).<\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-ktl8mnxy-1ddbb57620e112ac7bb06c63a483d3b9'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p>The registration fee for the lease must be paid in THB.<\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-kslmgyj2-9c5e662803c0d4d0bfa032748d623c49'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h3_bleu_post'  itemprop=\"text\" ><h3>Owning Land through a Thai Limited Company Versus Leasehold<\/h3>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-klczo-f08ed5be3b1c9ef091043f8183c74f9f'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p>A Thai company is an efficient vehicle for holding property when compared to a leasehold, but it comes with additional costs. The key differences between the two are highlighted below:<\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-kslpigzc-7a9a7f5c2fbfd3053337d192814cce89\">\n#top .hr.hr-invisible.av-kslpigzc-7a9a7f5c2fbfd3053337d192814cce89{\nheight:25px;\n}\n<\/style>\n<div  class='hr av-kslpigzc-7a9a7f5c2fbfd3053337d192814cce89 hr-invisible  avia-builder-el-44  el_after_av_textblock  el_before_av_codeblock '><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<br \/>\n<section  class='av_textblock_section av-kslmj9mv-6204bf72786734d3d997fc471000217d'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h2>In conclusion<\/h2>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-eaegs-6ea0151d64aaeb0e4757d5c198aca6aa'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p>Crypto can be used to buy property in Thailand in certain situations e.g. purchasing land through a company or long-term leasehold.<\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-9espg-c5ba8a60b977e73b1589341c04c5c2f4'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p>If you have to convert your crypto into FIAT, you must register with a crypto exchange, pass the KYC and prove the source of your funds. Failure to do so could result in having your funds frozen. Our experts in financial law and real estate are on hand to assist you and ensure a smooth transaction.<\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-zyp8-41a00f5f67705ff7f7f0e4aaa8988d15\">\n#top .hr.hr-invisible.av-zyp8-41a00f5f67705ff7f7f0e4aaa8988d15{\nheight:80px;\n}\n<\/style>\n<div  class='hr av-zyp8-41a00f5f67705ff7f7f0e4aaa8988d15 hr-invisible  avia-builder-el-49  el_after_av_textblock  avia-builder-el-last '><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><\/p><\/div>\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-azojo-a5db05410c30079af87f679b6ef91fd8\">\n.flex_column.av-azojo-a5db05410c30079af87f679b6ef91fd8{\nborder-radius:0px 0px 0px 0px;\n-webkit-border-radius:0px 0px 0px 0px;\n-moz-border-radius:0px 0px 0px 0px;\npadding:0px 30px 30px 30px;\nbackground-color:#fafafa;\n}\n<\/style>\n<div class='flex_column av-azojo-a5db05410c30079af87f679b6ef91fd8 av_one_third  avia-builder-el-50  el_after_av_two_third  avia-builder-el-last  av-break-at-tablet flex_column_div '   ><p>\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-kslkbhig-edfbb769ec414c16ec07823d03873c46\">\n#top .hr.hr-invisible.av-kslkbhig-edfbb769ec414c16ec07823d03873c46{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-kslkbhig-edfbb769ec414c16ec07823d03873c46 hr-invisible  avia-builder-el-51  el_before_av_hr  avia-builder-el-first  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-ksln7w2o-0134baf1cb7e03e415e0a9e1a2577174\">\n#top .hr.hr-invisible.av-ksln7w2o-0134baf1cb7e03e415e0a9e1a2577174{\nheight:80px;\n}\n<\/style>\n<div  class='hr av-ksln7w2o-0134baf1cb7e03e415e0a9e1a2577174 hr-invisible  avia-builder-el-52  el_after_av_hr  el_before_av_image  av-desktop-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-kslkhjve-1d420cc5ae1cb418fb2439a1549e887c\">\n.avia-image-container.av-kslkhjve-1d420cc5ae1cb418fb2439a1549e887c .av-image-caption-overlay-center{\ncolor:#ffffff;\n}\n<\/style>\n<div  class='avia-image-container av-kslkhjve-1d420cc5ae1cb418fb2439a1549e887c av-styling- avia-align-center  avia-builder-el-53  el_after_av_hr  el_before_av_hr  radius_10 img'  itemprop=\"image\" itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/ImageObject\" ><div class=\"avia-image-container-inner\"><div class=\"avia-image-overlay-wrap\"><a href=\"https:\/\/calendly.com\/belaws\/visathailand?utm_source=belaws&amp;utm_medium=website&amp;utm_content=thailand-buying-real-estate-with-cryptocurrencies\" class=\"avia_image\" target=\"_blank\" rel=\"noopener noreferrer\"><img decoding=\"async\" class='wp-image-6668 avia-img-lazy-loading-not-6668 avia_image' src=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/04\/Immediate-Consultation-300x242.png\" alt='Immediate Consultation' title='Immediate Consultation'  height=\"242\" width=\"300\"  itemprop=\"thumbnailUrl\" srcset=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/04\/Immediate-Consultation-300x242.png 300w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/04\/Immediate-Consultation-600x485.png 600w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/04\/Immediate-Consultation-768x621.png 768w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/04\/Immediate-Consultation-495x400.png 495w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/04\/Immediate-Consultation-845x684.png 845w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/04\/Immediate-Consultation.png 990w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/04\/Immediate-Consultation-705x570.png 705w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/a><\/div><\/div><\/div><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-ksll297i-ac8feca4576cdd5bdd6e22d214756788\">\n#top .hr.hr-invisible.av-ksll297i-ac8feca4576cdd5bdd6e22d214756788{\nheight:25px;\n}\n<\/style>\n<div  class='hr av-ksll297i-ac8feca4576cdd5bdd6e22d214756788 hr-invisible  avia-builder-el-54  el_after_av_image  el_before_av_textblock '><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-p84k-4017eaf9b1649a60b0ff810854b78620'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_14'  itemprop=\"text\" ><p>Our consultations last for a period of up to 1 hour and are conducted by expert Lawyers who are fluent in English, French and Thai.<\/p>\n<p>Consultations can be hosted via WhatsApp or Video Conferencing software for your convenience. A consultation with one of our legal experts is undoubtedly the best way to get all the information you need and answer any questions you may have about your new business or project.<\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-kslm1kpi-e6d522183c5eda06f320ce62b63c40c6\">\n#top .hr.hr-invisible.av-kslm1kpi-e6d522183c5eda06f320ce62b63c40c6{\nheight:15px;\n}\n<\/style>\n<div  class='hr av-kslm1kpi-e6d522183c5eda06f320ce62b63c40c6 hr-invisible  avia-builder-el-56  el_after_av_textblock  el_before_av_codeblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<br \/>\n<br \/>\n<br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-alq8c-3f47c833e17b5d225798df9cb7bf01d9\">\n#top .hr.hr-invisible.av-alq8c-3f47c833e17b5d225798df9cb7bf01d9{\nheight:30px;\n}\n<\/style>\n<div  class='hr 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