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Bangkok Post

National

INSANE: Govt u turns on land plan | Vintage Vibes

Prawit Wongsuwon Anupong Paojinda Prayut Chanocha Supattanapong Punmeechaow Council of State Interior Ministry

Land for sale sign on empty land.

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.

Chayawut Chanthorn, director of the Department of Land, said on Monday that Deputy Prime Minister Prawit Wongsuwon had approved the withdrawal of the Interior Ministry's draft regulation on land ownership by foreigners.

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