A metaphorically infinite number of dollars is chasing a limited number of goods. The result? INFLATION! There’s no ignoring the elephant in the room – it’s gotten so large that there’s barely any room left. Open any financial newspaper and chances are you’ll likely see some article about inflation on the front page. Investors are terrified as the good times are coming to a rapid end and everyone’s scrambling for the exits. But what exactly can you do to protect your wealth,

A recent survey by the Government Housing Bank’s Real-Estate Information Centre (REIC) found that though fewer properties in Thailand were bought by foreigners last year, the value of the units they bought was significantly higher. According to the survey, a total of 8,198 units were sold to foreigners in 2021, marking a 1.1 per cent drop from 8,287 units sold the year earlier. However, the value of the units bought by foreigners rose 5 per cent year on year to 39.61 billion

Foreign investors, professionals, and retirees will be able to enjoy a number of new incentives in Thailand, as the government seeks to attract high-earning overseas residents to help the country’s COVID-19 recovery. Thailand’s cabinet passed a resolution on September 14, 2021, introducing immigration, tax, and land ownership incentives aimed at foreign investors and skilled professionals. The incentives are part of an effort to stimulate Thailand’s economy which has been bad

The Bank of Thailand has further eased rules on mortgages to boost a key property sector struggling from the impacts of the pandemic, officials said on Thursday, sending property shares higher. The loan-to-value ratio limit has been lifted to 100% from 70-90% until end-2022 to increase activity in the real estate sector, which will take years to recover, officials said. The rules were effective on Wednesday. "Uncertainty remains high and some sectors are still fragile, so mea

Thailand’s cabinet has approved a further THB 92 billion (USD 2.76 billion) of relief measures to help boost its flagging economy as the Southeast Asian country deals with its biggest and most prolonged coronavirus outbreak. The Tourism Authority of Thailand (TAT) expects the programme to draw 10,000 foreigners with investment spending of about 300 billion baht. The move is in line with a wider plan to lure a million foreigners to help the economy. Thailand’s economy is expec

If you want to own real estate on a Southeast Asian resort island, then Phuket might be near the top of your list of possible locations. Buying a condo in Phuket is something that thousands of foreign investors have done. Diversification of manufacturing supply chains toward Southeast Asia is leading many adjacent countries to benefit as they receive capital inflows from otherwise unexpected sources – including Thailand. The “Land of Smiles”, is one of the most popular travel

I’ve mentioned many times before that buying property in Asia can be complicated as a foreign investor. When buying your first condo in Bangkok or a villa in Bali, you’ll have to overcome more than just linguistic and cultural barriers. You must also contend with local property ownership laws and customs that are often unheard of in the West. One of the most common issues that you might encounter is the idea of leasehold vs. freehold ownership. Certain places don’t allow fore

You might want to take a look at some videos online to hear different conversations using English for real estate agents. The truth is that real estate agents are known for their way with words – and being able to describe horrible small places in a way that makes buyers think about them in a different light. However, there is some important terminology that estate agents need to be aware of in English. It is crucial that you only use this vocabulary in the right setting and