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Thai govt considers allowing foreigners to more easily buy/own property


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1 hour ago, Mr Meeseeks said:

Interesting, would be good to own some land and houses here in my own name if allowed post-covid.

However, any changes in the law are likely to be temporary for the next 3-5 years as a post Covid stimulus package. ....

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1 hour ago, Pattaya Spotter said:

So the proposed 50 year period is almost double what's currently allowed. How long do people expect to live?

 

A 50 year lease would be a most welcome addition and encourage 'the young' to perhaps take out a 'long' lease.

 

Of course Thailand lags behind by several centuries when it comes to leases and the regulations around them.

 

They should be offering 99/100 year leases.

 

 

 

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3 minutes ago, ukrules said:

 

A 50 year lease would be a most welcome addition and encourage 'the young' to perhaps take out a 'long' lease.

 

Of course Thailand lags behind by several centuries when it comes to leases and the regulations around them.

 

They should be offering 99/100 year leases.

 

 

 

Just price the lease (purchase) price appropriately. 

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5 minutes ago, ukrules said:

 

A 50 year lease would be a most welcome addition and encourage 'the young' to perhaps take out a 'long' lease.

 

Of course Thailand lags behind by several centuries when it comes to leases and the regulations around them.

 

They should be offering 99/100 year leases.

 

 

 

The stated goal of the changes is to attract retirees (who presumably don't anticipate living more than 50 years...not young people.

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4 minutes ago, Pattaya Spotter said:

 

 

Can you name any incentive program the government instituted, wherein the special priviledge granted was revoked when it ended, without that being explicitly laid out in the program at the start?

 

Revoke? No, but drive expats up the wall...........?

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