BANGKOK (The Nation/Asia News Network): Thailand’s Board of Investment (BOI) published new regulations on Thursday (Aug 25) allowing foreign companies granted investment privileges to buy land in the country.
The regulation signed by the prime minister on Aug 8, is effective retroactively since June 13 under the 1977 Investment Promotion Act. Now, foreign companies that have a registered capital of at least 50 million baht can own land in Thailand under the following criteria:
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
