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Thai Prime Minister Launches Nationwide Crackdown on Illegal Nominee Landholdings

Thailand Business News

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Key summary

Prime Minister Anutin Charnvirakul announced a nationwide operation targeting illegal nominee landholdings at a press conference on October 19, 2026. The Department of Lands identified 1,397 legal entities suspected of holding land for foreign nationals, controlling 2,360 plots valued at approximately 14.01 billion baht. Authorities aim to investigate beneficial owners and related transactions involving up to 13,088 entities and individuals by December 2026. The operation prioritizes evidence-based enforcement, closing regulatory loopholes, and ensuring fair treatment for legitimate investors while subjecting identified holdings to compulsory disposal under Thai law.

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Source report

Thailand Business News

Read original ↗https://www.thailand-business-news.com/law/335324-thai-pm-orders-nationwide-crackdown-on-illegal-nominee-land-holdings

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