4 tips about buying a condo in Thailand

Buying property in Thailand requires some good advice and a bit of reading-up before plunging yourself into the hundreds of opportunities, around the country. Condos, which a foreigner can own the freehold, have the potential to yield a good profit for your investment. Most condos have relatively low maintenance costs and the ability to use the property for residential or investment purposes, so condos can offer great value and accessibility. As always, The Thaiger recommends

Foreigners bought fewer units in 2021, but spent more, survey finds

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

Thailand Issues New Incentives to Attract Foreign Investors, Professionals, and Retirees

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

Thailand approves USD2.8 billion more economic support

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

Investing in Thailand Property: The Ultimate Guide

A greater number of foreigners buy property in Thailand than in any other country in Asia. There are several reasons why Thailand is the most popular choice among real estate investors worldwide. Located in the heart of Southeast Asia, Thailand shares borders with four other nations and thus has served as a regional business hub for centuries. Thailand’s strategic location made it an ideal buffer zone between colonial France and Britain during the 19th century. In turn, Thail

Market Outlook for Thailand’s Real Estate Shows Potential Recovery for 2022

Market Outlook for Thailand’s Real Estate Shows Potential Recovery for 2022 As many people already know, due to the impact of the global economies on various industries, the real estate market has suffered significantly as well. This has led to a surplus in properties that are being sold/rented at a relatively low price, below market value, leading to buyers benefiting from this situation. While it is true that many buyers have delayed, postponed, or even stopped their buying

Thailand and the EU Resume Free Trade Agreement Negotiations

Thailand and the European Union (EU) have agreed to resume negotiations on a free trade agreement (FTA), seven years after talks collapsed in 2014, following the military coup in Thailand. If the two sides complete a deal, it would mark the EU’s third FTA with an ASEAN member state, following agreements with Singapore and Vietnam. An FTA would boost the EU’s access to trade and investment in Southeast Asia’s second-largest economy, while Thai exporters would benefit from lowe

Thailand Foreign Property Ownership: Your Best Options

There is one country that undoubtedly comes to mind when someone mentions Southeast Asia: Thailand. Foreign property ownership in Thailand is among the most popular methods of direct investment in Asia. Westerners will sometimes automatically direct their attention to the “Land of Smiles”. Thailand is among the most heavily-touristed countries on earth, after all. People tend to invest in what they’re familiar with. That is why Thailand is usually the first place considered w

3 Easiest Places to Start Investing in Asia

Investing in Asia isn’t always easy, and some countries love making things hard on foreign investors. Generally speaking, Asia’s emerging economies have immense growth potential and are open for business. Yet unreasonable levels of bureaucracy and corruption are still common in a few places. That shouldn’t stop you from buying stocks or real estate in Asia though. The region is home to over half the world’s population, and can help diversify your assets unlike any other part

Buying a Condo in Phuket: The Ultimate Guide

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

Freehold vs. Leasehold Property Ownership in Asia

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

How Much Land and Building Tax in Thailand, Do We Pay in 2021?

The government has announced a resolution to reduce the land and building tax rate in 2021 by 90%, and will only collect 10% of the actual tax rate for agriculture, housing, commercial and other industrial land use, and unused/vacant land. Land for Agricultural Uses or Agriculture If the owner is an individual, the first 3 years from 2020 to 2022 will be exempt from taxation. However, if the owner is a juristic person, they must pay tax at the rate of 0.01%. For example, if a

17 Best Indoor Trees (and Tropical Plants) to Grow in Your Living Room

Plus, tips for keeping them alive and well for longer than one second All products featured on Architectural Digest are independently selected by our editors. However, when you buy something through our retail links, we may earn an affiliate commission. Not much can cause your shoebox of an apartment to feel like a lush, tropical paradise than indoor trees. A few things are non-negotiable to keep so grand a specimen alive and well—namely, tall enough ceilings to house it comf

7 Amazing Real Estate Related Shows You Can Watch on Netflix

Looking for new entertaining shows to watch on Netflix, or you're a new and prospective real estate agent, maybe you can try these 7 amazing real estate related shows! You might catch up on some of the latest trends or even learn some new trade tricks in the end ;) 1. Tiny House Nation Renovation experts and host John Weisbarth and expert Zack Giffin travel around the U.S. to help families prepare for lives in tiny homes with hyper customization. 2. The World’s Most Extraordi

Bitcoin Versus Real Estate: Which Investment Is Better For You?

Two popular investment avenues, real estate and bitcoin, have been making waves in today’s market. When it comes to these opportunities, it can be difficult to discern which is the wiser investment choice for you. Both have benefits and, like all investments, carry risk. If you have been considering these assets and are looking to select the option that’s a good fit for you, let’s examine the pros and cons of each investment. Keep in mind before making any investment decision

ไขความลับ “CBD กรุงเทพฯ” ทำเลทองที่นายหน้าต้องคว้าเอาไว้

ว่ากันด้วยเรื่องการค้าขายอสังหาริมทรัพย์ทั้งแนวราบและแนวดิ่งในพื้นที่กรุงเทพมหานคร หลายคนที่ไม่ได้อยู่ในวงการนี้หรือแม้แต่นายหน้ามือใหม่เอง อาจจะรู้สึกว่าเป็นสินค้าที่น่าจะขายได้ยาก เพราะมีราคาสูง แต่ความจริงแล้วลูกค้าที่พร้อมจ่ายนั้นมีอยู่ไม่น้อยเลยทีเดียว เพียงแค่ต้องมีทักษะในการเลือกทำเล เพื่อทำให้อสังหาริมทรัพย์ในมือเรากลายเป็นที่ต้องการของตลาด ซึ่งทำเลทองที่ต้องห้ามพลาดเลยก็คือ “พื้นที่ CBD กรุงเทพฯ” ที่มีความเจริญเติบโตทางด้านเศรษฐกิจสูงกว่าพื้นที่อื่น ถ้าไม่เคยจับงานด้

50 Advanced English For Real Estate Terms.

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

วิธีการประเมินค่าทรัพย์สิน Property valuation

สำหรับการ “ประเมินมูลค่า” หรือ “การประเมินค่าทรัพย์สิน” ความรู้วิธีการดังกล่าว จะช่วยให้เราสามารถตัดสินใจเลือกซื้อ-ขาย หรือลงทุนในทรัพย์สินได้อย่างมั่นใจยิ่งขึ้น วันนี้เรานำความรู้เกี่ยวกับ “วิธีการประเมินค่าทรัพย์สิน” มาฝากกันนะครับ เราตีค่าทรัพย์สินไปทำไม ? ในยุคสมัยนี้ การวิเคราะห์มูลค่าอย่างถูกต้อง โปร่งใสเป็นธรรม มีความสำคัญยิ่ง ไม่ว่าจะเพื่อการซื้อ ขาย เช่า ร่วมทุน เวนคืน คิดภาษี หรือแม้แต่การแบ่งแยกกองมรดกอย่างเป็นธรรมแก่ลูกหลาน ฯลฯ ในการประเมินค่าทรัพย์สินทั่วโลก มีว

"Some Thai Real estate vocabulary you need to know before you buy one" Part One by AARE

“Rai”, “Ngaan”, “Talangwah” - You might have heard or read those words when you are surfing around in Thai real estate websites as those are three major land measurements used but what do they all mean? and how to convert them to international standard measurements. “ ไร่”, pronounced [râj] is a unit of area. How do you measure “Rai”? 1 rai equals to ; 1,600 square meters, 16 are , 0.16 hectares , 0.3954 acres , 4 ngaan , 400 talangwah. “ งาน”, pronounced [Ngân

How interior design is reshaping real estate

If you’re looking for a marker of how closely intertwined real estate and interior design have become over the last two decades, watch the 1988 movie Big. There’s a scene in which Tom Hanks—playing a 12-year-old boy who has been zapped into a man’s body—checks out an empty shell of a SoHo loft for rent. (Spoiler alert: He snaps it up, and fills it with toys.) If the movie were made today, much would be different. For one, it’d be Ryan Reynolds instead of Hanks. For another, h