Showing 1 - 7 of 7
More foreign ownership ‘could mean more illegal hotels’
Molpasorn Shoowong, Published on 13/08/2024
» Hotel operators are concerned about changes to foreign ownership rules for real estate because they believe it could lead to another influx of illegal hotels in Thailand.
PM allays foreign quota fears
Published on 23/06/2024
» Prime Minister Srettha Thavisin on Sunday defended the proposal to raise the proportion of foreign ownership allowed in condominiums from 49% to 75% and extend land lease terms for foreigners to 99 years from 30-50 years, saying these measures will help stimulate the economy.
Real estate execs back steps to boost foreign investment
Online Reporters, Published on 22/06/2024
» Local real estate executives have expressed support for proposals to extend land-lease periods to as long as 99 years, saying the change would be conducive to attracting more foreign investment.
Ministries vow to ease land & building tax
Business, Wichit Chantanusornsiri, Published on 07/03/2024
» The Finance Ministry and Interior Ministry have pledged to improve the land and building tax to prevent a negative impact on the public amid several economic challenges.
New flak for foreign land ownership bill
News, Post Reporters, Published on 01/11/2022
» The government is listening to every concern about the proposal to allow foreigners to hold land ownership of up to one rai for residential purposes, said Deputy Prime Minister Wissanu Krea-Ngam.
Land tax payments deferred
News, Post Reporters, Published on 25/06/2022
» The Interior Ministry has extended the deadline for land and building tax payments for three months to help people and business operators cope with economic hardship.
Foreign property lures are rejected
Business, Chatrudee Theparat, Published on 22/01/2022
» The Centre for Economic Situation Administration (CESA) chaired by Prime Minister Prayut Chan-o-cha on Friday put the brakes on proposals to increase foreign ownership quotas for condominiums from 49% and expand property leasehold rights for foreigners from 30 years to 50 years.