New land appraisal prices in Thailand are already in the works with the Treasury Department planning to roll out the list for 2023-2026 at the start of next year. This was originally slated to happen in 2021 but was delayed because of the COVID-19 pandemic. “The new land appraisal price list which will come into effect next year was made two years ago as the announcement had been postponed due to the...
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...
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...
by Asia Land For Sale