From Gemini: In Thailand, Section 94 of the Land Code Act has not yet had its long-debated, stricter amendments finalized. Currently, the law mandates that unlawfully acquired foreign land must be sold within 180 days to 1 year, allowing the owner to keep the proceeds. However, the Thai government is actively reviewing proposals to amend this to allow state confiscation without compensation. From https://lexbangkok.com/nominee-land-ownership-thailand-confiscation-risk/ The most consequential proposed change involves Section 94 of the Land Code. Currently, when the government identifies unlawfully held land, the owner is required to dispose of the property, but they can receive proceeds from the sale. The proposed amendment would eliminate this entirely.
