Amendments to the Agricultural Land Lease Act effective as of 30 April 2016 introduce a broad prohibition on “foreigners” from leasing land for agricultural purposes. The amendments define “foreigner” generally along the same lines as Thailand’s Foreign Business Act, with one …
In a move to prevent foreigners from illegally holding land in Thailand through Thai nominees, the Office of the Ombudsman proposes to submit the draft bill to be considered by parliament, reports the Bangkok Post. Ombudsman Siracha Charoenpanij says the …
Thailand's Land Department has established new branch and sub-branch offices in several provinces as follows: New Branches: Nakhon Ratchasima (Korat) Nakhon Sawan Nakhon Si Thammarat Nan Ratchaburi Samut Prakan Yasothon. New Sub-branches: Buriram Sakon Nakhon Surin Trang As of …
Trade organizations and business leaders are saying that Thailand's industrial and property sectors will see strong growth in 2013. For example, the Bangkok Post quotes Payungsak Chartsutthipol, chairman of the Federation of Thai Industries, as saying: [t]he outlook for the domestic industrial …
Ombudsmen Siracha Charoenpanij claims foreigners are using "nominee" arrangements to circumvent Thai law prohibitions on foreign land ownership (discussed here), and has drafted what the the Bangkok Post calls a "Draconian" law to address this issue. Khun Siracha says the new law will take a "carrot-and-stick" approach to this issue by "includ[ing] …
A comprehensive land and property tax bill for Thailand has been discussed for decades, yet political support has been weak as many legislators are large landholders. According to a recent report in the Nation, however, a bill may be forwarded …
The property committee of the Joint Foreign Chambers of Commerce in Thailand (JFCCT) has submitted a white paper to Dr. Nalinee Taveesin, the Thailand Trade Representative, on the benefits of revising existing Land Department regulations to clearly allow for 60-year …