The housing market in the Thai capital has long ceased to be exotic – the figures speak louder than tourist brochures. Over the past five years, the demand for buying property in Bangkok has grown by 18%. At the same time, half of the deals were concluded by foreign nationals, while local buyers are gradually …
Thailand has long attracted foreign investors interested in buying flats, villas and other properties. The reasons are obvious: affordable prices, a growing market and the possibility of passive income. However, taxes on property purchases in Thailand may come as a surprise to many buyers. Unlike Europe and the US, the tax system here has a …