ANNOUNCEMENT 28 Feb 2013In February 2013, the government of Thailand announced changed incentives for foreign investors entering the country.
NUMBER OF INTERVENTIONS
Original Announcement 1/2551
On 28 February 2013, the Thailand Board of Investment issued Announcement No. 4/2556 extending the rule granting land ownership to foreign persons who establish offices and residences.
The original rule was introduced in July 2008 and was valid until 31 December 2012. The current measure extends the rule until 31 December 2017.