People who circumvented the intent of the foreign ownership laws in these countries have only themselves to blame.
They were brought in for a reason, they are poor countries and allowing foreigners in to gobble up all the RE would impoverish their own people. Unlike Australia these governments, corrupt as they are, will occasionally look after their national interests.
These types of long leases, sham corporations etc for ownership are very vulnerable to legal challenge and over-turn.
Not sure about Indo, but in Thailand the ONLY RE that can be legally owned by a foreigner, with clear possession of the title, is a condo in government approved complexes where the amount of units on sale can never exceed 49% ie the strata company that owns the land and governs the complex will always be 51%+ Thai owned.
