In June 2026, Thailand initiated a crackdown on nominee loopholes that allowed foreign buyers to circumvent land ownership restrictions. This move has prompted many prospective buyers to reconsider their plans.
The luxury villa market in popular resort destinations like Phuket and Koh Samui is particularly affected, as foreign investors are now delaying their purchasing decisions.
As the implications of this crackdown unfold, it remains to be seen how the real estate market will adapt and whether foreign investment will rebound in the future.