Thailand has been a popular destination for investors for many years and confirms its place among the top destinations for tourist, expats and retirees year after year thanks to its tropical climate, low cost of living & friendly people. In addition to favorable environment, it is the Real Estate market as well as the economic context of the country that attracts more and more investors.
LOW COST OF LIVING
Thailand is ranked one of the top countries in the world for tourist and expats. And there are lots of reasons why. For pennies on the dollar you get modern comforts and conveniences, including affordable, World class medical care.
Thailand is the second largest economy in South East Asia. Thailand ranks second in Southeast Asia in external trade volume, after Singapore. The nation is recognized by the World Bank as “one of the great economic development success stories”
Due to its location, Thailand enjoys tropical climate with annual average temperature of 82°F (28°C) and high humidity. There are three distinct seasons – the hot season from March to May, the cool season from November to February and the rainy season from about June to October.
The second-largest economy in Southeast Asia with favorable real estate taxation, outright freehold ownership and rental profitability between 6 and 10% per annum places Thailand among the elite group of countries for foreign direct investments.