Chirayuthchai TraisaengsatheanStrategic Finance for Property Development

49% foreign quota for condominiums

Track the cumulative condominium unit area held by foreigners against the 49% ceiling, and test whether a unit about to be sold still falls within the quota.

CalculatorOwnership Transfer Operations

Extracted from Real Estate Project Ownership Transfer Operations Handbook · Appendix F Foreign Quota Tracker
Example from Appendix F: Building A, total condominium unit area 2,400 sq m, first 8 units, 5 units sold to foreign buyers

sq m, as registered for the condominium
% under the condominium law
Test the unit about to be sold
sq m
sq m, not yet transferred
Remaining foreign quota–

  • Quota ceiling–
  • Already held by foreigners–
  • New unit–
Foreign quota register
UnitArea (sq m)BuyerCumulative foreign% of totalStatus
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Results are calculations for learning purposes. The figures entered are hypothetical examples, not real project data.

How to use

  1. Enter the total condominium unit area of the condominium as registered.
  2. Record every unit transferred or reserved for transfer, in sequence, stating whether the buyer is Thai or foreign.
  3. Before accepting a booking from a foreign buyer, test the new unit's area against the remaining quota.

Points to watch

  • The quota is counted by condominium unit area, not by the number of units.
  • Leasehold is not counted as foreign ownership.
  • Foreign buyers must bring in foreign currency and provide FET evidence.
  • Always confirm the counting method and documents with the condominium juristic person and the land office.

Tools to use together