All these posts bring up valid points in why Foreigners should perform additional due diligence before investing or buying something of high value in Thailand. Definitely would have been helpful if someone detailed all the risks, reasons and potential consequences to some of the Nominee businesses structures created to buy land. I understand that we all don't possess the same knowledge and experience on Real Estate. There is talk about the criminal charges of a foreign Nominee crackdown leading to Visa Cancellation, deportation and possible blacklisting. That would be a pretty scary scenario if the court rules this way.
Create an account or sign in to comment