Recent news highlights a police crackdown on a network illegally helping foreigners, particularly Russians, to stay in Thailand. Commenters discuss the legality of such actions and the challenges faced by Russians in the country, suggesting an increasing scrutiny of foreign ownership of property and business operations, akin to issues seen with nominee companies.
Ellen **********
Around me all new houses been built have been bought by russians. And i bet all the 14 villas in my neighbourhood which are still under construction will also go to russians. Little Moscow, like on Bali.
Greg *********
Maybe because they were having issues with Russian tourist. Once anyone has an eye on them, they start to crack down.
Brandon ************
But these same lawyers and agents will tell you it's completely legal. Until the officials come knocking at your door. This nominee problem is the same issue with people making companies to buy property.
you rent. You can sign a 30 year lease for the land and build a house, or just rent a house that's already been built for long-term. If you build a house on leased land then you either take it with you after 30 years or the ownership reverts to the property owner.