For years, some agents quietly arranged for foreign buyers to control land through Thai nominee shareholders. It was common, and it was never sound. Renewed enforcement has made the risks plain, and we want our buyers to understand them clearly.
Why the structure is fragile
A nominee company exists to disguise foreign control of land, which the law does not permit. When scrutiny arrives — and it now does — the structure can unwind, with the buyer holding the loss. We do not arrange them, and we advise against any agent who offers to.
The sound alternatives
Freehold condominium ownership within the foreign quota, and properly registered long leaseholds, are both legitimate and durable. They are less exciting than a clever workaround, and far easier to sleep beside. For most of our buyers, one of the two is exactly right.
