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Department of Business Development

Coverage of Department of Business Development in the Nexus archive.

Earliest in view: Jun 21 · 03:30 UTCMost recent: Jun 21 · 03:30 UTC
Co-mentioned in this coverage
Thailandplace2Phuketplace2Koh Samuiplace2Koh Phanganplace2foreign buyerstopic1luxury villastopic1foreign land ownership loopholetopic1
Recent coverage
  • BUSINESSJun 21 · 03:30 UTCSCMP WORLD
    Thai property crackdown: Foreign buyers hit pause on villas as nominee loophole closes

    Thailand is cracking down on a loophole allowing foreigners to bypass land ownership restrictions, leading foreign buyers to delay villa purchases in resort destinations like Phuket and Koh Samui. The Department of Business Development has flagged 11,426 companies on Koh Phangan and Koh Samui where foreigners hold stakes.

  • BUSINESSJun 21 · 03:30 UTCSCMP CHINA
    Thai property crackdown: Foreign buyers hit pause on villas as nominee loophole closes

    Thailand is closing a loophole allowing foreigners to bypass land ownership restrictions, leading to delays in luxury villa purchases in resort areas like Phuket and Koh Samui. The Department of Business Development has flagged 11,426 companies on Koh Phangan and Koh Samui where foreigners hold stakes.