Thailand foreign land ownership is now possible with the Cabinet signing off on a proposal that would allow expats to own up to one rai of land for residential purposes. However, potential buyers shouldn’t get too excited about the scheme which has a THB40 million investment requirement attached. The proposed new law that makes Thailand foreign land ownership possible may also suffer similar issues to...
Attempts at creating a successful Thailand Long-Term Resident Visa have proven to be problematic in the past. A THB10 million investment visa implemented in 2014 never received much traction. The SMART visa aimed at attracting talent to support the government’s Thailand 4.0 initiative also struggled to get off the ground. The Thailand Board of Investment (BOI) has worked with key stakeholders,...
The government recently approved a change to foreign business land ownership regulations in Thailand that grants overseas companies a raft of new rights. These are overseen by the Thailand Board of Investment who handle approval of all land purchases. Firstly, foreign business land ownership regulations in Thailand state the company applying to own a plot must be BOI-approved and have a registered...
One challenge many developers, companies and investors struggle with is just where can they find land for sale in Malaysia. Simply put, finding a plot isn’t easy. Traditional property portals are designed exclusively for residential real estate. Sure, they try to pigeonhole land listings on their platform, but that’s only because these portals are trying to accumulate as much content as possible to...
With tourism recovering and Thailand on many travelers’ list of must visit destinations, people want to know if now is a good time for Bangkok hotel investment. And while today is certainly not a bad time to buy a Bangkok hotel for sale, there are a few factors to consider. Let’s start by looking at the positives. First, the Tourism Authority of Thailand predicted tourist arrivals of more than 10...
The Bangkok Metropolitan Administration (BMA) wants to close land tax loopholes that have seen some owners turn their holdings in prime areas into makeshift banana and lime farms. This allowed them to enjoy the agricultural land tax rate of 0.01-0.1 percent as opposed to the 0.3-0.7 percent applied to undeveloped commercial plots. A source at the BMA told the Bangkok Post that up 12,000 land plots in...
Bangkok land prices continue to grow but at a slower pace than previous years, according to the Real Estate Information Center (REIC). There were a number of reasons for this, including Thailand’s struggling economy and the full collection of the land and building tax which went into effect this year. The REIC’s price index of vacant land in Greater Bangkok was 354.5 in the second quarter of 2022....
Can foreigners own land in Malaysia? The good news is that foreigners are able to own land in Malaysia. There is better news, however. The country is only one of a few in Asia where freehold ownership terms are available. As you would expect, there are rules and regulations in place that you will need to take note of with most laid out in the National Land Code. For starters, Malay Reserved Land and...
It is vital to have all the necessary documents in hand if you want to buy land in the Philippines. Failing to have all these will cause you a plethora of headaches in the future, including the possibility of having the transaction being deemed void. With that in mind, here are the five documents you need to buy land in the Philippines: Contract to sell Deed of absolute sale Deed of...
by Asia Land For Sale 
Foreigners looking to own freehold property in Asia have several options at their disposal. As you would expect on such a diverse continent, rules and regulation do vary quite a bit. In some countries, you are limited by property type while other places have restrictions on locations and prices. The good news is that most places that allow foreigners to own freehold property in Asia have fairly...