From DanSiam Property
Introduction The Thai government is exploring significant changes to property ownership laws that could have a profound impact on foreign buyers. If approved, these revisions would be the most substantial in decades, particularly affecting foreign ownership in condominiums and the duration of land leases. Proposal Highlights Increased Foreign Ownership in Condominiums: Deputy Prime Minister and…
Introduction Thailand is set to make significant changes to its property market policies, allowing greater foreign ownership of condominium units and extending lease periods. These reforms aim to boost foreign investment and stimulate economic growth. Key Changes Increased Foreign Ownership in Condominiums: The foreign ownership limit in condominium projects will be raised from 49% to…
Introduction Thailand, renowned for its diverse weather, low cost of living, and stunning beaches, offers a range of long-term visa options for those looking to work, live, or retire in the Land of Smiles. With a significant influx of expats, estimated at 156,596 in the first half of 2023, understanding the visa options available is…
Introduction Thailand has unveiled its most significant visa reforms in decades, aiming to boost tourism and stimulate the economy. With an increase in visa-free countries and new visa categories, these changes promise to make Thailand more accessible and attractive to visitors and expatriates alike. Key Highlights Visa-Free Countries: The number of visa-free countries will increase…
Introduction Swedish home furnishing giant IKEA is set to bring its pop-up store to Hua Hin from May 31 through June 2. This exciting event promises a range of activities and a selection of special collection items, making it a must-visit for anyone looking to enhance their home decor. What to Expect The pop-up store…
Introduction Thailand’s Prime Minister Srettha Thavisin has unveiled ambitious plans to upgrade Hua Hin Airport, including the introduction of new domestic and international flight routes. These upgrades aim to enhance the airport’s capacity and position it as a key gateway for tourists traveling to Hua Hin and Cha-Am. Proposed Upgrades and Timeline During a recent…
Introduction In an ambitious move to bolster tourism and enhance regional connectivity, Prime Minister Srettha Thavisin has announced a series of upgrades for Hua Hin Airport, including a potential name change to “Petchcharat Hua Hin.” This initiative is poised to significantly improve the airport’s capacity and infrastructure, attracting more domestic and international flights. Proposed Upgrades…
Introduction Hua Hin is set to experience a significant boost in tourism and infrastructure with the latest plans from the Tourism Authority of Thailand (TAT). New flights and developments at Hua Hin Airport are poised to transform the region into a prime destination for both tourists and real estate investors. Enhancing Hua Hin Airport The…
Introduction Thailand’s recent visa reforms mark a transformative step in revitalizing the nation’s economy, especially post-pandemic. The introduction of new visa categories, extended stay durations, and expanded eligibility for visa-free entry promises to enhance the appeal of Thailand as a global hub for tourism and long-term residency. Visa-Free Expansion and Impact The increase in the…
Introduction Recent market trends have shown a significant shift in real estate dynamics within Thailand, with tourist cities like Phuket, Pattaya, and Hua Hin experiencing a surge in demand and development that now surpasses even Bangkok. Market Revitalization The resurgence of tourism post-COVID-19 has played a pivotal role in revitalizing these areas, attracting both international…
