What a foreigner can buy, lease and rent in Thailand, and on what terms. Condominium foreign quota, leasehold length, land ownership limits, landlord and tenant rules, transfer fees, and the market conditions behind an asking price. The Thai and English reporting is clustered into one story per development, several times a day.
The Prime Minister has ordered provincial governors to identify by end of December land plots suspected of being illegally owned by foreigners through nominees. Possible penalties include forced land sales, deportation, and asset forfeiture. The crackdown follows earlier raids on luxury housing estates in Bangkok.
Thailand is investigating 11,000 companies linked to foreigners that hold approximately 85 billion baht in land and assets. The probe is set to be completed by September 30, potentially leading to further legal action or asset seizures.
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.
Thai officials are now scrutinizing 36,277 foreign-linked legal entities, including companies that own condominium units, in an expanding property crackdown. The probe targets nominee arrangements for land and condos across 16 provinces, with offenders facing forced sales, fines up to ฿1 million, and jail up to three years. Expats using company structures to bypass foreign ownership limits should review their holdings.
Thirteen foreigners (including Chinese, British, and others) were arrested Monday in Hua Hin for using Thai nominee shareholders to buy properties. The raid, part of a nationwide crackdown, involved 200 officers and warrants for 45 foreigners and 39 Thais. Authorities have seized corporate records and are expanding the investigation.