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

Cambodia Business Briefing – What Comes Next?

Category: Hotels|Real estate|Tourism, Posted:19 Oct 2021 | 08:13 am Hotels, tourism, and real estate are featured in next week’s virtual event – Cambodia Business Briefing. Organized by C9 Hotelworks and Delivering Asia Communications, the session will be on Tuesday 26th October, 3:00 pm Phnom Penh/Bangkok Time | 4:00 pm Singapore/Hong Kong. Cambodia remains one of Asia’s top-up and coming marketplaces. Pre-pandemic, its pace of […]
Read more

PHIST 2021 – Sustainable Asia RE-defined Coming 28 October

Category: Hotels, Posted:11 Oct 2021 | 09:11 am The fourth annual Asian-based sustainability-focused learning event PHIST 2021 will take place in a dynamic virtual setting on 28th October. Organized in Phuket, Thailand with speakers from across the region. PHIST (Phuket Hotels for Islands Sustaining Tourism) has established itself as a leading forum in Asia for sustainable tourism, environmental education for hotels as well […]
Read more

Lonely Planet. Ultimate Vacation Homes. More Phuket Meds

Category: Tourism, Posted:07 Oct 2021 | 21:02 pm It’s Friday and we have a trio of video insights for you. Listen to an intriguing talk with Joe Cummings who is behind the first Lonely Planet Thailand guidebooks. Hear seven short real estate talks on the latest trends. And then, how is Thanyapura looking to expand their medical footprint across Phuket. Right here. Right […]