Latest / Thailand News Today | 2 Min News | The Daily News Now!
Thailand Targets Foreign Property Owners | Thailand News
Thailand’s government is launching a sweeping crackdown on foreign-linked companies holding property, targeting over 36,000 firms owning more than 300,000 land plots and 7,000 others with 76,000 condo units. Investigators are digging into past owners, directors, and funding sources to expose nominee structures designed to skirt foreign ownership laws. Backed by a high-level meeting between Commerce and Interior ministers, authorities are merging corporate, personal, and land records nationwide to root out illegitimate investments. Penalties include jail time, massive fines, and forced asset…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.