Nominee structures thrust into the spotlight
The recent crackdown on alleged nominee structures on Koh Phangan has sent a clear message to the property market across the Gulf of Thailand, and it is one that every foreign investor and business owner in the region should take seriously.
For years, nominee arrangements have been used as a workaround for Thailand's restrictions on foreign land ownership. On the surface, they can appear straightforward. In practice, they carry significant legal risk, and recent enforcement action is a reminder that authorities are watching.
If you own property in Thailand, or are considering an investment, now is the time to review how your assets are structured. There are legitimate, legally sound pathways available to foreign nationals, including long-term leasehold agreements, BOI-promoted structures, and properly established Thai companies with genuine business purpose. The key word there is genuine.
At SLF Legal in Koh Samui, we work with expats, investors, and business owners who want to protect their investments and stay on the right side of Thai law. We understand the local landscape, the regulations, and the practical realities of owning property and running a business here.
If you are unsure about your current structure or want to explore your options before making a move, we encourage you to reach out. A conversation now could save you considerably more than legal fees down the road.
Contact SLF Legal today and let us help you build something that lasts on solid legal ground.