Assistance and updates for entry into Thailand
02/03/2025
What a week for the Thailand Property Market and for foreigners who have bought property in Thailand .
Not following the law is thwart with dangers and consequences and now all foreigners even those who did not set up companies with nominees are being affected at the response of the Supreme Court ruling see enclosed .
No nominees
No setting up of companies to own land or landed property
Now no guaranteed right of renewalship of a lease .
This means that your 2 promised renewals have been made void and there is no legal recourse to the lessor to honor these renewals .
Now most of us won’t be alive anyway to worry about what happens in 30/60/90 years .
Foreigners cannot own land
If you have taken wrong advise to open a company to own property in Thailand and a Lawyer or accountants staff is on that company as a nominee your property is in danger and possibly your right to stay in Thailand this is serious .
This wasn’t the Sunday reading I was expecting today .
Lawyers for Expats Thailand are a dedicated law firm for foreigners and property law is one of the areas we specialize in .
Our lawyers are all Thai nationals English speaking Lawyers and Barristers
Led by Lawyer Pook with 20 years experience as a Lawyer and Barrister
The property landscape for Thailand is being reshaped we will be here to assist you to secure your investment and follow the law.
To arrange a free consultation call 095 658 3038 WhatsApp and line
Brian Ramsden General Manager of foreign affairs
Nationwide cover .
www.lawyersforexpatsthailand.com
https://www.thephuketnews.com/supreme-court-decision-kills-automatic-30-year-lease-renewals-95488.php
PHUKET: The Thai Supreme Court’s recent decision over the ‘automatic’ renewal of a 30-year lease of a property in Phuket is poised to significantly impact the real estate market in Thailand.
