Thailand is poised to become Southeast Asia's leading market for electric vehicle (EV) manufacturing and innovation, driven by ambitious government policies and substantial foreign investments. This growth is expected to significantly impact the country's commercial real estate sector, creating a market worth at least $6.5 billion by 2030. Key Takeaways Thailand aims for 30% of all vehicles made in the...
Buying property in Phuket is an exciting venture, but it comes with its own set of legal challenges. With the right knowledge and guidance, you can navigate Thai property laws with ease. This article will walk you through the essential steps and considerations for a smooth property purchase in this beautiful part of Thailand. Key Takeaways Foreigners can own up to 49% of a condominium project, but cannot...
Thailand is a beautiful country that attracts many foreigners who dream of owning property there. However, buying property in Thailand as a foreigner can be tricky due to various legal restrictions and requirements. This article will guide you through the different ways you can legally own property in Thailand and help you secure your dream villa. Key Takeaways Foreigners can own condominiums directly, but...
Thailand is a popular destination for property investment, attracting many foreigners with its beautiful landscapes and vibrant culture. However, buying property in Thailand can be complex due to its unique legal system. This article will guide you through the essential steps to avoid legal pitfalls and ensure your property ownership is secure. Key Takeaways Foreigners face restrictions on owning land...
Owning a villa in Phuket is a dream for many, but managing it from afar can be tough. You want your property to stay in great shape without constantly worrying about it. This guide will show you how to take care of your Phuket villa remotely, so it stays in top condition all year round. Key Takeaways Set up a dependable property management system to keep everything running smoothly. Schedule regular...
Phuket, the renowned island province in Thailand, has seen a significant boost in tourism with an influx of foreign travelers. The first half of the year welcomed 4.3 million tourists, with foreign arrivals reaching 2.6 million, marking a 42% increase year on year. Key Takeaways Phuket welcomed 4.3 million tourists in the first half of the year. Foreign arrivals were 2.6 million, up 42% year on...
Phuket is a beautiful island in Thailand, known for its stunning beaches, warm weather, and vibrant culture. If you're thinking about buying a home here, you have a lot of options. From modern villas to traditional Thai-style houses, there's something for everyone. This guide will help you understand the real estate market in Phuket, explore the best neighbourhoods, and learn about the types of homes...
Siam Piwat Simon, a joint venture between global retail leaders Simon® and Siam Piwat, has announced the expansion of "Siam Premium Outlets" to Phuket, Thailand. The new center is set to open in 2026, aiming to boost the local economy and tourism sector by attracting both local and international visitors. Key Takeaways New Location: The second "Siam Premium Outlets" will be located in...
An expert from the Agency for Real Estate Affairs (AREA) has recommended that the Thai government impose higher taxes on foreign condominium buyers. This move aims to regulate the increasing trend of foreign ownership and generate additional revenue for national development. Key Takeaways Foreign ownership of Thai condominiums is expected to reach a new peak in 2024. AREA suggests higher taxes for foreign...
Phuket, a beautiful island in Thailand, is a dream destination for many people looking to buy a home. With its stunning beaches, lush hills, and vibrant city life, Phuket offers a variety of options for everyone. Whether you are searching for a luxury villa, a peaceful retreat, or a smart investment, Phuket's real estate market has something for you. This article will guide you through the prime locations,...
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