Foreigners ‘own 90% of Phuket beach land’

August 24, 2009 by  
Filed under Local News & Event

This land is their land.

About 90% of beach land in Phuket is controlled by foreigners through Thai nominees, a leading research body has found. A similar situation exists in other prime tourism destinations in provinces such as Chiang Mai and Rayong. Local officials and legal experts have helped clear the way for foreign investors to take control of the country’s rice farms and property in resort provinces, according to research on foreign land ownership by the Thailand Research Fund.

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