TO DISCUSS YOUR PROJECT OR LEARN MORE ABOUT OUR SERVICES:

  • This field is for validation purposes and should be left unchanged.

Thai Land Department Denies Anti Foreign Policy

Category: Real estate, Posted:18 Jun 2009 | 06:58 am

Reading the recent media stories about comments attributed to the Director of the Land Department Anuwat Maytheewibulwut which caused a considerable uproar has resulted in Mr. Anuwat clarifying the facts. First and foremost is that the Land Code itself has had no amendment nor any revisions regarding foreign ownership of land.
Secondly with over 5.5 million transactions annually there are less then 1,000 complaints, in which case the department does conduct investigations. As clarified in the blog previously that ownership remains confined to either 49% of the salable floor space of a condominium project or else in a BOI (Board of Investment) scheme which has high investment thresholds such as hotels over 100 rooms and cannot be residential property.
In cases where a foreign national is married to a Thai, the Thai spouse is to provide written notification to the department that the property is from personal funds and not held together with a foreigner. He concluded his comments that currently both the land ownership issue and maximum lease period of 30 years is law and any amendments would come from the Government, with the Land Department only acting on legislation as it becomes law.

Other News

Read more

Hotel White Label, Third Party Operator and Franchise Event

Category: Hotels, Posted:27 Oct 2020 | 08:55 am C9 Hotelworks and Delivering Asia Communications have organized a highly-relevant virtual event called “White Label Session – The Sequel, Insights into Hospitality Third-Party Operators and New Options for Hotel Owners”. The live webinar will be held on   Wednesday 4th November, 2:00 pm Bangkok Time | 3:00 pm Singapore/Hong Kong. Free registration is available HERE. A hospitality-focused virtual […]
Read more

Phuket Airlift To Koh Samui Is Back

Category: Tourism, Posted:23 Oct 2020 | 16:26 pm Bangkok Airways has announced the return of flights between Phuket and Koh Samui. According to the Phuket News service commences Sunday, October 25th leaving Phuket at 12:20 pm and arriving in Samui at 1:15 pm. There will also be a resumption of flights between Phuket and Hat Yai between Phuket and U-Tapao (Pattaya). The return […]
Read more

Khao Lak Hotel Supply Continues To Expand

Category: Hotels, Posted:22 Oct 2020 | 06:00 am Despite the downturn of Covid-19, hotel investment confidence in Khao Lak remains positive in the long term. One sign of this is a newbuild Pullman-branded Khao Lak Resort Is set to open on 1st December. The 253-key beachfront hotel and villa property features a design by Martin Palleros of Tierra Design.  Palleros is the architect […]