Word: leaseholder
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Dates: during 2000-2009
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...CONDOMINIUM You can own it, whereas with a house you can only have a leasehold of up to 30 years, with options to extend. If you have a Thai spouse, you can buy a house in his or her name?but if your spouse dies or you get divorced, you're entitled to nothing. You can also form a company with a majority of Thai shareholders and buy property through that. The only other option is to invest $1 million, which gets you clear title to 1 rai (about 1,600 square meters) of land...