Thailand’s Supreme Court Ruling Upends 30-Year Leases
BANGKOK – A landmark legal decision by the Supreme Court has fundamentally changed how foreign investors secure residential real estate across Thailand. The landmark judgment strikes down pre-arranged multi-decade renewal promises that developers have sold to overseas buyers for more than thirty years. Because foreign nationals cannot directly own freehold land under Thai property legislation,…
We haven't written up this one. Chiang Rai Times has the full story — the link below goes straight to it.
