Thailand is an exotic, tropical destination renowned for its friendly people, rich culture, and a history of relative peace and independence in a region that has known its share of colonization, wars, and civil unrest. Today, Thailand is not only rich in culture but is a sophisticated tourist destination with universal appeal.
Thailand is the number one destination for millions of visitors from around the world who want to explore Southeast Asia. The new Suvarnabhumi International Airport in Bangkok is a travel hub for the region, and it is one of the cheapest places to fly in Asia. As a result, visitor numbers are steadily increasing each year as the buzz about Thailand grows.
The natural beauty of Thailand with its forests, rivers, and incredible beaches provides an irresistible lure to nature lovers and anyone who appreciates a quieter, more relaxed environment. With its tropical climate and warm weather during the cold winter months for much of the world, Thailand entices visitors back again and again.
For thousands of people who have worked in Asia for many years, Thailand is an attractive retirement destination where the living environment will feel familiar. Thailand’s good schools, excellent health care, and attractive property prices have proved to be a big draw for retirees and investors. Property prices here remain far below those in the more established European markets, but they are growing quickly and strongly.
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 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. Post-tsunami recovery has been rapid and visitor numbers and investment have surpassed pre-tsunami levels in most tourist regions.
Rental potential is great, due to increased government spending luring growing numbers of tourists. There are no capital gains tax for private investors, and ongoing taxes are low.
Today, foreigners are regarded by the government as a big investment opportunity in Thailand and they are actively welcomed and encouraged to invest.
|
