Changes to the Thai Foreign Business Act

Foreign property buyers are concerned at the Thai government’s proposed changes to the Foreign Business Act.  At this stage there should be no cause for alarm as the changes are not signed into law yet and are only agreed in principle only. 

Undoudtedly, there will be more debate and many revisions to follow.  True to form, the government has already (within 24 hours) backtracked on some of the changes.  Property Company Commentators are already contradicting each other and none can agree on the impact of the changes.  We must be patient and wait and see.

For further information please contact The Property Exchange

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