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	<title>Real Estate Investment Law in Thailand &#187; thailand business law</title>
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		<title>The Dangers of Purchasing Land in Thailand Using Thai Nominees</title>
		<link>http://www.thailand-real-estate-law-center.com/the-dangers-of-purchasing-land-in-thailand-using-thai-nominees/</link>
		<comments>http://www.thailand-real-estate-law-center.com/the-dangers-of-purchasing-land-in-thailand-using-thai-nominees/#comments</comments>
		<pubDate>Wed, 05 Sep 2018 08:37:09 +0000</pubDate>
		<dc:creator><![CDATA[admin]]></dc:creator>
				<category><![CDATA[Thailand Real Estate Law]]></category>
		<category><![CDATA[Foreign Business Act Thailand]]></category>
		<category><![CDATA[foreigners in thailand]]></category>
		<category><![CDATA[thailand business law]]></category>
		<category><![CDATA[Thailand land law]]></category>

		<guid isPermaLink="false">http://www.thailand-real-estate-law-center.com/?p=1591</guid>
		<description><![CDATA[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 [&#8230;]]]></description>
				<content:encoded><![CDATA[<p><a href="http://www.thailand-real-estate-law-center.com/wp-content/uploads/2018/09/Site-View-Construction-Building-Bangkok-652098.jpg"><img class=" wp-image-1592  aligncenter" src="http://www.thailand-real-estate-law-center.com/wp-content/uploads/2018/09/Site-View-Construction-Building-Bangkok-652098-300x225.jpg" alt="Site View Construction Building Bangkok" width="293" height="220" /></a></p>
<p>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.</p>
<p>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&#8217;t mean it is advisable&#8211;or legal.</p>
<p>In fact, a major Thai law firm recently had <a href="http://www.thailand-real-estate-law-center.com/thailand-real-estate-attorney/thai-police-raid-law-firm-for-allowing-foreigners-to-buy-land/">four of their offices raided across Thailand</a> for helping foreigners purchase land using Thai nominees.</p>
<p>As a result, the firm was fined 2 billion baht.</p>
<p>For more info on using Thai nominees to purchase land in Thailand as a foreigner and the risks involved, watch the video below:</p>
<p><iframe width="500" height="281" src="https://www.youtube.com/embed/m37-NkYbVMw?feature=oembed" frameborder="0" allow="autoplay; encrypted-media" allowfullscreen></iframe></p>
<p><em><strong>For inquiries into owning land or a business in Thailand, consult a reputable <a href="http://www.thailand-lawyer.com/land_purchase.html">Thailand lawyer</a> who can assist you in doing it legally.</strong> </em></p>
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