Foreigners can legally rent out their property in Thailand, with a few important rules to follow. Here’s a clear breakdown to help you understand how it works:
✅ What Can Foreigners Rent Out in Thailand?
Property Type
Can Be Rented Out Legally?
Notes
Condominiums
✅ Yes
Must be in the 49% foreign quota; ideal for short & long-term rentals
Houses/Villas on Leased Land
✅ Yes
You can sublet if the lease contract allows
Landed Property (Thai partner or company-owned)
⚠️ Yes, with caution
Ownership structure must be legal & transparent
Hotel-style buildings
❌ Not without license
Operating a hotel without a license is illegal
🏠 Rental Types Allowed
Rental Type
Allowed?
Key Conditions
Long-Term Rentals (30+ days)
✅ Yes
No special license required
Short-Term Rentals (Under 30 days)
⚠️ Restricted
Condos may allow it, but must comply with local zoning and building rules. Houses require hotel license for short stays.
Airbnb Rentals
⚠️ Varies
Technically restricted in many areas unless stays are 30+ days or licensed
🛑 Important: In provinces like Phuket and Chiang Mai, officials have increased enforcement of short-term rental rules.
📑 Taxes & Reporting
Tax Type
Responsibility
Notes
Rental Income Tax
✅ Yes
Must declare income to the Thai Revenue Department
Withholding Tax (Corporate tenants)
✅ Sometimes
If tenant is a company, they may deduct and file for you
VAT
❌ Not required
Only applies to large rental businesses (not private landlords)
⚖️ Legal Risks If Not Compliant
Risk Type
What Could Happen
Violating Hotel Act
Fines or legal action
Not Reporting Income
Tax penalties or back taxes
Illegal Ownership Structure
Land Dept. seizure, null contracts
✅ How to Rent Out Legally as a Foreigner
Own a condo in your name under the foreign quota
Ensure lease agreements allow subletting if land or house is leased
Use a licensed property manager to stay compliant with tax and reporting
Declare all income yearly for tax purposes
Avoid short-term Airbnb rentals in unlicensed buildings
