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The Dangers of Purchasing Land in Thailand Using Thai Nominees

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Using Thai nominees, also known as sponsors, to skirt Thai law and purchase land or own a business as a foreigner in the Southeast Asian nation has become increasingly popular in recent years. But just because it is a widely used loophole to get around existing Thai laws prohibiting foreign ownership of land without going through the proper channels, it doesn't mean it is advisable--or legal. In fact, a major Thai law firm recently had four of their offices raided across Thailand for … [Read more...]