Living Permanently in Thailand is Hard to Beat | Phuket Realtor
Living Permanently in Thailand is Hard to Beat
It’s always a blessing when you can make a living in a location of your choice, nothing can beat it. If you are in the process of choosing a place of life, then Thailand is definitely worth considering. With its tropical location and climate, situated along the beachside, meeting many of your needs along with the jovial atmosphere and congenial dwellers - Thailand is hard to beat.
Thailand is known for being a combination of the modern yet culturally drifted country. No one can escape the fact that one would cherish to live in a modern and well-furnished space but at the same time be connected to nature and culture. This is what you will find about living in Thailand.
Some expats will rent and some will buy a property. Thailand is considered a great investment for the property when it comes to rental returns. Many will buy a home and live in it for years and end up selling it for more than they purchased it for. Expats wanting to rent can find long term contracts with owners for the most part.
Thailand property has many factors associated when it comes to buying and investing and some of them are:
• The location of the property.
• Type of property to be bought.
• Reason for purchasing.
• Legal formalities.
• The price of the property.
Who can Buy Property in Thailand?
As per the law in Thailand, a foreigner cannot own the land in Thailand but don’t worry. Thailand will let you legally lease the land as an expat. The other option is to own the land via a Thai limited company. With the help of a local property law firm, it’s a simple task.
Why it is a Great Option to Purchase a Property in Thailand?
Thailand has shown tremendous growth over the last decade as it has moved from a low-income country to middle-income country with a building middle class. The country has a diverse economy- tourism, car industries, agriculture, telecommunication, etc. Thailand is a great pick for vacations hence tourism is always flourishing- Bangkok rated world’s most visited city, a large portion of community speaking in English, colossal infrastructure, a wide network of e-commerce and start-ups, etc. Phuket is close behind in popularity.
Benefits of Purchasing a Property in Thailand:
Due to its attractive location, food and laid back vide that pulls in many visitors, the tourism industry is on the up, it can be said without a doubt that Thailand is one of the most visited countries in the World. Not only a favorite amongst the Asian’s but people from all across the globe visits this country. Thailand’s property market is strong and some of the factors supporting the same are:
• Buy property and make it as your holiday home whenever you or your loved ones visit the country.
• One can put their property for rent and earn a nice annual rental yield.
Certainly, Thailand has a lot to offer not only to tourists but to others wanting to live here as well. For more about ownership, call us today at +66 93 606 0906.