Thailand is cracking down nationwide on illegal nominee shareholders used to conceal foreign ownership of businesses and property. Led by the Ministry of Commerce and the Department of Special Investigation (DSI), authorities are investigating and prosecuting foreigners and Thai nominees, with penalties that can include up to three years in prison and fines of up to one million baht. The crackdown is particularly relevant in major foreign property and tourism markets including Bangkok, Pattaya, Phuket, Hua Hin, Koh Samui and Koh Phangan. So what does this mean for foreign property owners who may already be using a nominee structure? Better Than Freehold has developed a solution designed to convert nominee arrangements into a 30-year leasehold structure, with options for renewal, sale and succession. The company was founded by Andrew Moore, who has decades of property development experience in Koh Samui and a background in financial advisory in the UK. We sat down with Andrew to find out why Thailand is cracking down on nominee ownership, what it means for foreign property owners, and how Better Than Freehold’s structure works. The proposed solution involves dissolving the nominee company and replacing it with a 30-year lease and associated commercial agreements that can provide rights to extend, sell or transfer the property interest to family members. The structure separates key roles between four entities: * TIN — Thailand Investor Network: A Thai-owned asset-holding company that holds legal title and grants the lease and option agreement. * SPH Trustees: A Labuan FSA-regulated offshore trustee that holds the lease, option and security interests on behalf of the investor. * Clear Blue Security Agents — CBSA: An independent, Thai lawyer-led security agent responsible for enforcing the structure and managing disputes through arbitration. * Siam Venture Capital — SVC: An offshore lending platform providing financing for new buyers and loans for eligible owners converting from nominee structures. For foreign property owners concerned about Thailand’s nominee crackdown, understanding your ownership structure is becoming increasingly important. Andrew Moore explains how the Better Than Freehold solution works, who it may be suitable for, and what property owners should consider before it’s too late. For more information, contact Better Than Freehold using the QR code on the screen at the end of this video. 📷 Follow Us: You Tube: @DestinationThailandTV Instagram: : https://instagram.com/destination.thailand.tv Facebook: https://www.facebook.com/profile.php?id=100063271506702# Post navigation Ko Samet 🇹🇭 Thailand’s SUNNIEST Island Getaway
