Transcript of the above video: 

As the title of this video suggests, we are discussing the issue that many in Thai Law Enforcement are concerned with involving these nominee corporate structures which is undue foreign influence on the Thai property market. So basically foreigners using corporate structures in order to what I can only describe as circumvent Thai Law regarding ownership of property for foreigners. So foreigners aren't allowed to own land in Thailand. Again as I have discussed in other videos, there are limited exceptions to that, the biggest one being yes, if the Minister of Interior signs off on that transaction, then yeah, maybe you can own land. But as I have discussed in other videos, that has happened a total of eight times in a quarter of a century, so unlikely to see that. 

Long story short, it's a concern amongst Thai Law Enforcement that these "nominee structures" these corporations that are utilizing Thai shareholders in an inappropriate manner, may be doing so in order to avail themselves of the ability to essentially own property in Thailand. 

I thought of making this video after reading a recent article from the Pattaya Mail, that is pattayamail.com, the article is titled: Tourism statistics and enhanced corporate oversight reflect Thailand's tourism landscape and benefits in May 2026. Quoting directly: "Creating transparency in the real estate market. Controlling illegal ownership structures helps curb artificial property price inflation driven by illicit foreign capital in major cities. This regulation ensures land and housing prices in tourist areas reflect actual market mechanisms and reduces the risk of long-term asset bubbles." Yeah, again as I have discussed in other videos, Law Enforcement's major concern - perhaps aside from taxes - is the fact that foreign nationals are attempting to use these corporate structures to own property effectively in Thailand. They are using a company and then they pack it with a majority of "Thais" but I say that in quotes because they are oftentimes nominees, and then they use that structure to essentially - what can only be described almost as squat on the land - because again Thai Law is clear, foreigners aren't allowed to own land, so using a structure to circumvent that restriction basically amounts to at best a colour of law sort of setup. It's not prima facie as we would say in the Common Law System, legal, and that's a real problem because if it’s discovered, not only can the company be dissolved, but the asset can be seized; the land can actually be seized. That's not always what they do but it can be. They can also direct it to be auctioned off or sold within a certain period of time as well, but it's discretionary and if it's deemed that it's highly malicious or something, or in the national interest from a national security perspective, which more and more this stuff is being viewed through the prism of. As we have discussed in other videos, two different incidences have occurred where stockpiles of arms have been found in connection with those utilizing a nominee corporate structure. That really politically changed things with regard to this Law Enforcement initiative because now it is viewed as a national security matter and that heightens, let's just say it reprioritizes it, and gets a lot more momentum behind this in the public sector. So I don't think it's completely outside the realm of possibility that we will probably be seeing more crackdowns associated with this stuff. 

But long story short and the thing to take away from this video, if you are looking to purchase property in Thailand, if you are looking to buy a condo, if you are looking to lease, whatever, whatever you are thinking of doing, it may not be a terrible idea to contact a reputable legal professional, gain some insight and guidance into how best to proceed.