Is it
- Kanokpich Ukritdutsadee

- Feb 20, 2024
- 2 min read
Updated: 7 days ago
The answer is no.
But is it illegal for a foreigner to set up a Thai company for the sole purpose of owning land?
The answer is yes.
If you are Foreigner setting up a Thai company to circumnavigate the law to own land or to build or to own landed property here are some truths.
Nominee directors and share holders are illegal.
You and they can be sent to prison deported and or be fined or forced to sell the property.
Many foreigners have fallen into the Company Property Trap.
We hear so often but everyone does it does that make it legal and safe?
No !
Ask yourself these questions
What would happen if The DCI investigated the :
Law firm responsible or Accountants for the company formation?
What would happen if one of the Nominees were to die?
What would happen if the Nominees get into debt?
What would happen if the Nominee director gets a divorce how are you protected?
Could your house be sold without your knowledge?
Are you a director of a Thai company that has been set up for the sole purpose of owning property?
If so do you know that to be a director of a company it is classified as a job therefore you are required to have a work permit?
How safe is your home?
If you are thinking of purchasing property then call Brian Ramsden our general manager of foreign affairs to arrange a free consultation +66956583038 WhatsApp
and Line
Lawyers for Expats Thailand are the property experts all our solutions follow the law and offer safety and peace of mind.
The consultation is free, you have nothing to lose if you however you do not you have everything to lose.
Secure your investment in Thailand
We have nationwide coverage
About the Author:
Kanokpich Ukritdutsadee, widely known as Lawyer Pook, is a highly experienced Thai lawyer and barrister serving as the head and managing director of Lawyers for Expats Thailand (www.lawyersforexpatsthailand.com).
With over 21 years of qualification and practice (celebrating her 21st anniversary in the profession as noted in recent updates), she has dedicated her career to addressing the unique legal needs of foreigners living, working, and investing in Thailand. Her expertise spans key areas such as property law, immigration and visas, business setup, matrimonial law (including prenuptial and postnuptial agreements), company formation, wills, and civil/criminal matters, always emphasizing legal compliance and safe solutions for expats and their families.
Lawyer Pook leads a dedicated team focused exclusively on expat clients, combining deep legal knowledge with a compassionate and kind approach. She and her firm are committed to working from the heart, providing empathetic, practical guidance to help foreigners navigate Thailand's legal landscape securely and effectively. Her practice reflects both professional excellence and a genuine care for her clients' well-being.
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