Understanding Nominee Shareholders When Setting up a Thai Company for Property Ownership If you plan to buy land or landed property in Thailand by setting up a Thai Co. Ltd., it is crucial to understand what nominee shareholders are before selecting your company’s shareholders. In the past, authorities have cracked down on foreign ownership of…
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Legal Ways for Foreigners to Own Property in Thailand: A Comprehensive Guide Foreigners who are interested in purchasing a property in Thailand, especially in Phuket, must understand the legalities of owning a property in the country. Despite the fact that Thai law prohibits foreigners from owning land or permanent possession of a landed property, many…
A Tabien Baan is a government-issued house registration book used in Thailand. It serves as an official proof of residential address for Thai citizens and lists all individuals registered at a specific address. Blue Book, Yellow Book, or None at All? There is no legal requirement for foreigners to have a Tabien Baan, but long-term…
What You Need to Know Before Investing in Land Investing in land and building a home, hotel, or condominium in Phuket can be a great idea, but before you start, it is essential to familiarize yourself with the applicable zoning laws and building restrictions. Otherwise, you may end up with a worthless property or a…