BANGKOK: Interior Minister Anupong Paojinda said his draft proposal to allow foreigners to own a small block of residential land was withdrawn from the Cabinet agenda yesterday (Nov 8).
The government is reportedly backing down from its plan to allow wealthy foreigners to purchase up to one rai of land for residential purposes in return for investments, after the proposal drew fierce criticism.
Interior Minister Anupong Paojinda said his draft proposal to allow foreigners to own a small block of residential land was withdrawn from the cabinet agenda on Tuesday.
BANGKOK: The government is reportedly backing down from its plan to allow wealthy foreigners to purchase up to one rai of land for residential purposes in return for investments, after the proposal dr
The government has had its fair share of complaints recently over its foreign land ownership policy with accusations that they are "selling off" the country to foreigners.