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Cabinet approves edict allowing non-Thais to buy land for residential purposes

Cabinet approves edict allowing non-Thais to buy land for residential purposes

13 Sept 07:34 Key points summarised by AI
  • Thailand's cabinet approved an edict allowing four specific groups of non-Thai citizens to purchase up to 0.16 hectare of land for residential purposes.
  • Eligible individuals, including high-income earners and skilled specialists, must invest at least 40 million baht (US$1,051,700) in Thai government bonds or real estate funds for a minimum of three years to attract foreign investment.
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