Foreigners can now buy land and houses in Thailand

rdrokit · 4 · 1048

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Online Coolkorat

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I can see this appealing to mainland Chinese wanting to move money out of China ASAP (see Financial Review).

I doubt any but the most successful digital nomad will have Bht40m to invest. The restrictions on where property can be bought might also have the effect of creating property hotspots.

Online Roger

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Hi RDRO - https://www.thaipbsworld.com/cabinet-endorses-withdrawal-of-controversial-foreign-land-ownership-edict/

That didn't last long   ;)

As a Brit, I suggest the UK introduces a reciprocal policy and prohibits Thais from buying land in the UK . . . . .

Thai Govt - seldom fails to disappoint   >:(   >:(   >:(
''If you can't explain it simply, you don't understand it well enough'' - Albert Einstein

Online Hector

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I seem to remember Taksin introducing something similar.  There were less than half a dozen takers before it was withdrawn.  They never learn!