Much has been made on this thread about the reciprocity of Thais being able to hold land and property abroad - especially in London - when UK people cannot do the same in Thailand.
There will, however, be some changes in the UK which will make it visible to see who and which Thais own property and land in the UK from early next year.
"On 15 March 2022, the Economic Crime (Transparency and Enforcement) Act 2022 received Royal Assent – the law became live on 1 August 2022. Overseas entities that already own UK property must register with Companies House by 31 January 2023.
In addition to changing the rules about sanctions and Unexplained Wealth Orders, the Act introduces a new legal requirement for overseas entities owning UK property to register at Companies House and provide details of their beneficial owners. The data must be verified by an agent regulated under the Money Laundering Regulations and criminal offences may be committed by those who fail to comply or who provide incorrect information.
The register will be publicly available, and HMRC will be able to access additional information at Companies House."
Courtesy BDO
It will be interesting to see if any Thai publications will use this opportunity to detail the rich Thais owning property in the UK (freehold rather than leasehold to have a like-for-like comparison with Thailand laws on land ownership), and the value of those properties, especially where it may suggest unexplained wealth.
If no Thai publication dares to do this maybe just publicising individual glaring cases - such as a Thai lawmaker who votes against foreign ownership also owning property in the UK - could be put on a forum perhaps.