PROPERTYSHOWROOMS.COM has identified the Main Reasons why Thailand is a Desirable Investment Location:
- An exotic long haul destination, Thailand is also a sophisticated tourist destination with a great universal appeal
- For thousands of people who have worked in Asia for many years, Thailand is an attractive retirement destination, in which the living environment will feel familiar
- Retirement visas are available for foreigners over 50 years of age, according to financial means
- Thailand has good schools, an efficient health care system and it is seen as a friendly country in which to live or visit
- Thailand boasts beautiful mountains, dense forests and stunning beaches.
- With a tropical climate and cities teeming with culture and colour, Thailand entices visitors back each year
- Warm weather for winter holidaymakers between November and February
- The relatively undiscovered nature of Thailand means that property prices here remain far below those in the more established European markets, although they are set to continue growing quickly
- Thailand is the largest growth market in Asia. Increasing numbers of businesses choose Thailand as a regional base from which to keep their employees working all around Asia.
- Thailand has recently attracted significant foreign investment. It has become one of the Asian economic leaders and is one of the fastest-growing economies in the region
- The completion of the Suvarnabhumi-Bangkok International Airport (SBIA) has precipitated growth in commercial property markets in eastern Bangkok as well as made Thailand even more accessible by air
- Thailand is one of the cheapest places to fly to in Asia
- The country has strong business links with China and has an excellent infrastructure as well as world-class facilities in many resort towns
- Property is much cheaper in Thailand than elsewhere and an increase in overseas interest in property purchase has helped to create an economic recovery in Thailand. Property investors who bought post 1999 have witnessed impressive capital growth, particularly in major cities.
- Rental potential is great, due to increased government spending luring growing numbers of tourists
- No capital gains tax for private investors, and low ongoing taxes
- Today, foreigners are regarded by the government as a big investment opportunity in Thailand and they are actively welcomed and encouraged to invest
- The waving of Stamp Duty and transfer fees are regarded as enticements for foreign buyers
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