I think making an investment in Thailand - whether in Phuket property or Koh Samui property is one of the smartest investments you can make. There are some reasons why Thailand is a desirable investment location:
* Thailand is the largest growth market in Asia. Some 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) is expected to spur growth in commercial property markets in eastern Bangkok as well as make 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.
A positive view of investing in property in Thailand - Courtesy of Thai Property
Thursday, September 27, 2007
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