Thai government issues warning to foreigners who buy condominium units and rent them

The government has issued a warning to foreigners who buy condominium units and rent them out as hotels that they are violating Thai law, deputy government spokesman Anukul Prueksanusak said on Friday.

Foreigners to be allowed to own 75% of units in condominium projects

The warning comes after the authorities learned about many cases of Chinese nationals renting out their condominium rooms to tourists via Airbnb.

Full story: Bangkok Post

Mongkol Bangprapa
BANGKOK POST

Leave a Reply

Your email address will not be published. Required fields are marked *

george


Thailand News delivers the latest updates and in-depth coverage on all things Thailand. We offer a wide array of topics, including breaking news, politics, tourism, business, culture, lifestyle, and entertainment. Get breaking news and the latest news headlines from Bangkok, Phuket, Pattaya, Chiang Mai, Northern Thailand, Isan, the insurgency-plagued South and Asia.