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The Dangers of Purchasing Land in Thailand Using Thai Nominees

Site View Construction Building Bangkok

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 helping foreigners purchase land using Thai nominees.

As a result, the firm was fined 2 billion baht.

For more info on using Thai nominees to purchase land in Thailand as a foreigner and the risks involved, watch the video below:

For inquiries into owning land or a business in Thailand, consult a reputable Thailand lawyer who can assist you in doing it legally.