Given the uncertainty of the global property market, Thailand could be the perfect place to buy a house. Especially for foreigners. Relatively low prices and a dream landscape with beautiful beaches and guaranteed more than 30 degrees throughout the year, serve as collateral.
However, there is a vital setback: foreigners can not buy Thai soil, as stipulated in the law of the land.
As a major premise, a shareholder of another country can not own more than 49% of a Thai limited company. In addition, the company must have a minimum of seven shareholders. Nevertheless, investors are betting on Thailand because of the enormous opportunities offered by a growing market upward.
For some time, those more interested in the Thai real estate market have been Americans, followed by the British and Scandinavians. However, in recent years demand has expanded into Russia, some rich countries of the Middle East and Asia (India, China and Korea in particular). It is expected that this year, people in the Nordic countries becoming the highest investors in residential complexes in major tourist destinations such as Rayong, Hua Hin, Koh Samu
would be good to make a long-term investment in Thailand, I guess in real estate
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