The Tourism Authority of Thailand (TAT) has a plan. They have marketing representatives in 35 overseas offices around the world. This year tourism generated 600 Billion Baht in revenue from 15.48 million arrivals. Thailand is an amazing country, and the value for the money is ranked #1 by Future Brand Index and its hospitality and authentic culture have maintained a high revenue for tourism. It is a well known shoppers paradise and a great place to enjoy the night life.
Thailand is in the heart of East Asia. A beautiful tropical paradise with property prices that are still very affordable, but with prices growing 10-15% per year it might not be for much longer. One property hot spot is located on the east coast of Thailand. Rayong is referred to as “The Thailand Riviera.” With its white sand beaches it is truly a beautiful get away. Rayong is a very popular destination for those wanting a paradise escape. A tranquil fishing village with succulent seafood dishes, Rayong is located only 2 hours from Bangkok.
Today Thailand is rebuilding both it’s tourist facilities and it’s tourism reputation. Swedish engineers and architects have inspected and passed newly built hotels. Beach or inland homes with spectacular views are in high demand. And with a very lush country with flowering grounds, forest, and beautiful beaches there are lots of new resorts are being built here. Thailand also enjoys very friendly people and very rich delicious food. A great place to visit and a great place to invest in, means you need to keep Thailand on your list of destinations to discover.
Methods of Owning Land in Thailand. Foreigners can own land in Thailand, but are limited to investments of 40 million Baht or more provided it is used for residential purposes. Buying property with a limited liability company is one of the most popular methods for foreign investors.
*Photo curtesy of M.E.R.V at VirtualTourist.com
