land ownership

Foreigners can now own land in Thailand: Land Dept

Thailand updates criteria for foreign land ownership: heirs can inherit land, investors need 40 million baht, writes The Nation. Foreign land ownership in Thailand is a complex issue, primarily dictated by the Land Code Act of 1954, which generally prohibits foreigners from owning land outright. This law is designed to maintain national control over Thailand’s valuable natural resources. There are,…