LEGALNotable
13 foreigners arrested in Hua Hin property-nominee crackdown
Police arrested 13 foreigners in Hua Hin for using Thai nominee shareholders to purchase property, as part of a nationwide crackdown. The operation involved 200 officers and targeted a housing estate. Expats using such structures should review compliance to avoid legal consequences.
Worth knowing about.
Sources
- Bangkok Post13 foreigners netted in property-nominee blitz in Hua Hin
- Khaosod EnglishHua Hin property firms probed over alleged nominee scheme
- Bangkok PostVillas in Hua Hin 'held by nominees'
- The Pattaya NewsCrackdown in Hua Hin Against Dozens of Foreigners Allegedly Using Thai Nominees to Hide Land Worth 300 Million Baht
- The ThaigerForeigners say they were advised into nominee scheme by law firms