Foreign Buying of Thai Properties May Double After Rules Easing
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Foreign purchases of residential properties in Thailand may more than double as the government’s easing of ownership rules attracts wealthy international buyers.
The state research agency said annual registration of houses and condominiums by non-residents could rise to some 100 billion baht ($2.6 billion) when the government begins its proposed easing, the Real Estate Information Center said in a statement Monday. That would compare with about 50 billion baht annually in the pre-pandemic period, it said.