Property
Private sector: Extending foreign leasehold ownership a better option
THE head of a real estate association today (Nov. 4) said allowing foreigners to buy one rai of land under a new ministerial regulation still being vetted is unlikely to motivate them to do so because of difficult procedures and it would be better to extend their leasehold rights from 30 to 50 years, […]
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Property
Thailand to offer land ownership to lure wealthy foreigners
By Reuters and published by The Straits Times THAILAND will allow foreigners to fully own land for residential use, a government official said on Friday (July 15), seeking to boost its economy by attracting a million new big-spending residents from overseas. Thailand has for decades been a popular expatriate destination for investment, retirement and […]
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