HOUSINGBackground
112 Koh Pha Ngan firms face land seizure over foreign shares
Surat Thani officials are moving to revoke land rights from 112 companies on Koh Pha Ngan found with foreign shareholdings above the legal limit. Some entities have already received disposal orders, while others remain under review. Expats with company-held land on the island should urgently verify their shareholding structure for compliance.
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Sources
- The Thaiger112 Koh Pha Ngan firms risk losing land over foreign shareholdings
- The ThaigerThailand video news | Phuket protests tourists, Palestinian Flag Fight, 10-baht coin sells for millions
- The ThaigerInterior Ministry probes 112 firms over Koh Pha Ngan land holdings
- Khaosod EnglishInterior Ministry follows up on nominee probe in Surat Thani
- Thai ExaminerDrive against foreign owned property and business on Koh Samui and Koh Phangan now targets leases