Thailand is one of Asia’s top tourism destinations; thus there is high potential growth in various sectors of the Thai economy including the property sector. The property market in Thailand shows steady growth based on economic growth combined with generally low purchase prices, good location and infrastructure. Therefore it is an ideal choice for foreigners to buy for their retirement, vacation homes or investment purposes. The Thai economy is still trusted by most economists to see complete recovery, compared to other Asiacountries and is already showing good signs of growth.

Positive factors for investment in the Thai property market

Thailand is often chosen as a business base by large companies aiming to set up business centers in Asia due to high annual economic growth and investment privileges under the government’s support.Thailand is always among the top choices for foreigners from both Asia and the West to live after retirement due to the lower cost of living, good services and an efficient and affordable health care system while the friendly image of the people in this country is among the key factors. Moreover, retirement visas are available for foreigners over 50 years of age.Thailand has an abundance of natural resources and attractive destinations such as beautiful mountains, dense forests, stunning beaches, a tropical climate and cities teeming with culture and color, which are attractive to travelers throughout the year. Thailand also offers warm weather for winter holidaymakers.Property prices here are a lot lower as opposed to those in Europe or even in most of Asia. Therefore it is good value for money here.