New flak for foreign land ownership bill

SUMMARY: 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.

Under the proposal, four specific groups of foreigners can apply to buy up to 1 rai of land on the condition they invest at least 40 million baht each for at least three years.

Source: https://www.bangkokpost.com/property/2426790/new-flak-for-foreign-land-ownership-bill