Increased foreign ownership might lead to a rise in illegal hotels.
Hotel operators are expressing concerns regarding proposed changes to foreign ownership regulations for real estate, fearing that these alterations could lead to a resurgence of illegal hotels in Thailand. The…
Thailand’s Land Department allows foreign ownership of land
The issue of foreign land ownership in Thailand is intricately tied to the Land Code Act of 1954, which generally restricts outright land ownership by foreigners. This legislation is aimed…