Thai Authorities Probe Samui, Phangan Real Estate for Nominee Schemes
Economy

Thai Authorities Probe Samui, Phangan Real Estate for Nominee Schemes

Thailand's Ministry of Commerce and the Department of Special Investigation (DSI) have launched a probe into real estate ownership in Koh Samui and Koh Phangan, suspecting foreign investors are using Thai nominees to acquire land and operate property businesses, circumventing foreign ownership laws.

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