Investing in Thailand, Asia
Economical Factors
 Being a developing country, the cost of property in Thailand is much lower than in the more developed European markets. But, on the other hand, prices for Thai property, in general, are rising at a much faster rate.
Thailand is member of the ASEAN (Association of Southeast Asian Nations) trade bloc and has free trade agreements with India and China, two fast-developing economic powerhouses. Consequently, many multinational companies are using the country as a regional base for its operations or a place to station employees who travel around Asia. Foreign investment in Thailand is constantly expanding, supporting the strong economic growth of the country.
The completion of the Suvarnabhumi-Bangkok International Airport (SBIA) has spurred growth in commercial property markets in eastern Bangkok as well as in the beach resort of Pattaya. The Thailand Economic Outlook has become even more positive with an increase of accessible by air with a wide range if International carriers using Bangkok as a hub. In recent years, there has also been a surge in budge carriers, offering very competitive prices to both local and international destinations.
Many of Thailand's resort areas are easily accessible via the country's highly developed transportation network whether it be by bus, plane, automobile or train.
The recent boom in property prices supported by an increase in overseas investors is one the key engines behind Thailand's recovery from the economic doldrums brought about by the market crash in 1997. Investors of property after 1999 have witnessed impressive capital growth, particularly in major cities.
Rental potential is excellent in Thailand, due to increased government spending to expand the tourism market, no capital gains tax for private investors and low tax rates.
The government encourages foreign investment which is seen as a key factor in the development of the country.
Main Reasons Why Thailand is a Desirable Investment Location:
Thailand's well developed tourist industry which offers something for everyone combined with the country's tropical climate and relatively cheap prices entices visitors to return often sometimes annually.
Foreigners are actively welcomed and encouraged to invest in Thailand
Land for Development/Project Sourcing in Thailand:
With overseas investment on the rise we have begun working with a growing number of large-scale and individual investors seeking the best investment options in Thailand and other overseas locations. They have a comprehensive bank of information on the latest land investment deals available in Thailand, enabling them to find clients the hottest spot not yet discovered by general investors. Subscribers to their services are provided assistance in setting up joint ventures from a list of carefully vetted and reliable developers or partners.
Summary
Thailand's property investment sector is relatively less developed and therefore, offers better value for money than in the more established European. Some areas in the country, however, are booming, with property prices rising 10-15'% per annum. Despite this, there are still plenty of attractive options to be found. Complimenting the property market more and more is the country's highly developed tourism industry. The two sectors are working hand-in-hand which in turn is resulting in mutual growth at unprecedented levels.
Thailand Economic Outlook - Conclusion
The average property investors are looking for a stable, investment-friendly market that offers good returns. A common alternative investment vehicle is the share market. But, for the non-professional stocks tend to be more volatile with many more external factors influencing it.
Key Facts to Note:
50% of the members of The Times Rich List made their money through investing in property.
A property worth only $30,000US five years ago is worth around $225,000 today
Equities or stocks can be volatile. Property, however, is historically stable.
The benefit of buying specifically for investment purposes is the removal of emotion from the purchase in which the purchase is regarded purely as an investment vehicle. This could be in the form of re-assignable contract option to sell at a substantial profit prior to completion or a "buy-to-let" situation to generate a reliable rental income and incorporating substantial.
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