20 Oct '17, 2am

3 things to know about investing in Thailand - PropertyGuru Singapore

3 things to know about investing in Thailand - PropertyGuru Singapore

Thailand is often called the Land of Smiles , an affectionate nickname supposedly coined by tourists, but in most likelihood, was the result of a successful slogan started by the country’s tourism authority. However, the wide grins aren’t just reserved for holidaymakers. Savvy foreign property investors will also find themselves reaping benefits. We share some tips that every investor looking to enter the Thailand property market should know. Play by the rules Thailand is very welcoming towards foreign investors, and has some of the least restrictive overseas property ownership rules among its Southeast Asian counterparts. Foreigners are not allowed to own land in Thailand, so landed properties such as detached, semi-detached or terrace houses are out of bounds to those without a Thai passport. However, any freehold condominium from the second floor and upwards can be sold...

Full article: http://www.propertyguru.com.sg/property-management-news/2...

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