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Foreigners can own a condominium Freehold in their own name. Condominium ownership is best explained by looking at an example of a project that has 100 units for sale.
In this example, 49 of the total units in this building (or 49% of the total salable area) can be owned outright by non-thai nationals in their name. The ownership titles of these 49 units is referred to as Freehold or Foreign Quota.
This leaves 51 units remaining in the building (or 51% of the total salable). The freehold rights to these units are reserved for Thai nationals in what is commonly referred to as the Thai quota.
After you have found the right property at The Beachfront you have to follow these steps:
Option I: Reservatoin fee = 200,000 THB Installment Milestone Payment Reservation Deposit Within 21 days afer Reservation 100% Option II: Reservation fee = 200,000 THB Installment Milestone Payment Deposit Within 21 days after Reservation 50% 1st Installment Within 60 days after Reservation 50% Optoin III: Reservation fee = 200,000 THB Installment Milestone Payment Deposit Within 21 days after Reservation 35% 1st Installment Within 30 days after Deposit 35% 2nd Installment Within 30 days after 1st Installment 30%
Thailand has different visas like Spousal Visa, Retirement Visa, Student Visa and Elite Visa - just to name a few options. Each visa has different requirements but they are usually easy to obtain.