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Real estate company Frasers Property Thailand Plc (FPT) plans to invest $297 million in residential construction next year to increase housing revenue by 10-15%. The company’s Executive Director in Thailand, Thanapol Siritanachai, stated that the investment budget will focus on the acquisition of new land plots for low-rise housing, including...
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The Thai Government is trying to attract foreign investors whose cash inflows would strengthen the economy. One economic incentive is a ten-year visa, available not only to applicants but also to their families. The representative of the Thai government, Tanakorn Wangbunkongchana, says that incentive measures will help attract expats who, if they...
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The Deputy Chairman of the Trade Council of Thailand, Atip Bijanonda, asked the Thai government to simplify the payment scheme for sales transactions and develop the medical sector. These measures should increase the inflow of wealthy foreigners, including pensioners, which will contribute to the strengthening of the economy. The main difficulty...
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Foreigners urged The Government of Thailand to simplify the process of acquiring real estate. Experts believe that foreign investment will strengthen the weakened economy and accelerate the real estate market recovery. According to Atip Bijanonda, Deputy to the Trade Council of Thailand, remittances make it difficult for foreign nationals to buy...
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