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

Thonburi bank of Chao Phraya River in Bangkok, with Saichol Mansion, Ideo Sathorn-Taksin, Urbano Absolute, River South Tower and Supakarn Condominium
Thonburi bank of Chao Phraya River in Bangkok, with Saichol Mansion, Ideo Sathorn-Taksin, Urbano Absolute, River South Tower and Supakarn Condominium. Photo: Schland / Pixabay.

The Interior Ministry has been assigned by the Cabinet to amend the Condominium Act, to increase the foreign ownership limit in a development from 49% [Read More…]

Thai Police hunt for alleged real owner of raided Club One Pattaya, eye 5-year closure

Isuzu D-Max belonging to the Aranyaprathet Provincial Police, Sa Kaeo
Isuzu D-Max belonging to the Aranyaprathet Provincial Police, Sa Kaeo. Photo: Thai Police Vehicles / flickr. CC BY-SA 2.0.

The real owner of the raided CLUB ONE PATTAYA is believed by Pattaya police to be a Chinese national with a long criminal record, while [Read More…]