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PM Orders Foreign Nominee Probe in Phuket

PM Orders Foreign Nominee Probe in Phuket

Thailand's Prime Minister has ordered an urgent investigation into foreign nominee schemes and illegal land ownership in Phuket. The probe follows inspections that uncovered Thai officials allegedly enabling foreign-controlled businesses.

Thailand Property Braces for 4th Year of Decline

Thailand Property Braces for 4th Year of Decline

Thailand's residential market is forecast to contract for a fourth consecutive year in 2026, weighed down by tight lending, high household debt and geopolitical uncertainty. For Phuket buyers, the question is whether island demand follows the same pattern.

Phuket Tightens Currency Exchange Standards

Phuket Tightens Currency Exchange Standards

When Phuket strengthens financial transparency rules, the change may seem administrative. But for foreign buyers moving funds into Thai property, the shift towards tighter currency exchange standards matters more than it first appears.

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