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Thailand: New perks will double transfers

The government’s measure to allow foreigners to buy a landed house will cause the value of residential transfers to foreign buyers to double to 100 billion baht per year, according to the Real Estate Information Center (REIC). Vichai Viratkapan, the centre’s acting director-general, said there were around 10,000 condo units nationwide worth more than 50 billion […]

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Thailand: New flak for foreign land ownership bill

The government is listening to every concern about the proposal to allow foreigners to hold land ownership of up to one rai for residential purposes, said Deputy Prime Minister Wissanu Krea-Ngam. He was responding to criticism triggered by the cabinet’s recent approval of the Interior Ministry’s bill to alter the laws governing land ownership by foreigners, […]

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Thailand: Choosing a year-end piggy bank

As the new year approaches, Thais often look to make long-term investments for tax benefits and to feather their nest. In the fourth quarter of every year, investors regularly check for available funds that offer tax advantages. Based on 2021 data, roughly 40 billion baht was invested in such funds, with analysts predicting a similar amount […]

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Most people foresee rise in Thai tourism by year-end: poll

Most people believe the country’s domestic tourism will improve by the end of this year now that the Covid-19 situation has eased and the government has lowered its status from a “dangerous communicable disease” to a “communicable disease under surveillance”, according to an opinion survey by Suan Dusit Rajabhat University, or Suan Dusit Poll. The poll was […]

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