Articles & Guides
A Great Starting Point for first Time Investors
Over the past few decades Thailand has transformed itself into a central business hub in the heart of Southeast Asia. There are no signs of it slowing down. As of 2019 Thailand continues to maintain a very strong exchange rate and international export trade deals with the rest of the world remain solid. The real estate market and Thailand property investment opportunities for local and foreign investors continues to grow.
Thailand is one of the most popular countries when foreigners and expats look for overseas properties in Asia. With millions of tourist arrivals a year, it’s also one of my top choices. Thailand has a number of choices to choose between, with everything from Chiang Mai, a cultural center listed as a UNESCO heritage, to the bustling nightlife in Bangkok, and white beaches in Phuket.
Asia isn’t an easy continent for long-term immigrants. You often have just two options to live here indefinitely: marriage or investment. Sure, most countries in Asia will let you get a work visa – but that requires keeping a local job. Likewise, retirement visas have a minimum age for applicants. Investment visas are unique because anyone can get them regardless of employment, spouse, age, or nationality.
The beautiful country of Thailand is an attractive prospect if you’re thinking of buying somewhere to live: whether you’re on the lookout for a beachside retreat or an apartment in bustling Bangkok, Thailand could be the place for you. However, property ownership always comes with costs attached, and that includes taxes. Here’s a look at the taxes that you have to pay when you buy, sell or simply own property in Thailand.
The process of buying a condo before the project’s actual completion, simply based on “Plans” (I.e. Sales Brochures, Floor Plans and Renderings) is common practice in Bangkok. Developers big and small are constantly blanketing the Capital’s media outlets from newspapers, billboards to even social media platforms with adverts touting their latest launch!