LEGALBackground
DBD probes 36,277 foreign entities over nominee land holdings
The Department of Business Development has forwarded details of 36,277 foreign-owned legal entities holding land and property in Thailand to enforcement agencies as part of a crackdown on nominee businesses. These entities control approximately 1.6 million rai of land. Relevant agencies will use the data to further investigate potential nominee arrangements.
Context — no action needed.
Part of an ongoing situationCrackdown on foreign nominee businesses and property17 developments →