Real Estate in Thailand
Foreigners are allowed to buy three different types of property according to Thai law. Those include condominiums, buildings that aren’t attached to their land, and a 30-year leasehold on either titled land or a building. With these options available, now is the perfect time for any foreigner looking to invest in Thailand’s real estate market!
Foreigners can only make up 40% of any one condominium building, but they are allowed to purchase entire apartment blocks – minus the land on which it is situated. Given this restriction, many retirees who choose Thailand as their home opt for a long-term rental rather than owning property themselves. Condos remain popular picks in light of its affordability compared to U.S standards and additional features such as fitness centers, 24/7 security personnel and swimming pools that make retirement even more enjoyable!
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