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Government Spokesman clarifies measures to attract foreigners of high potential


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So, it must be out there somewhere......

 

A mailing list for the Thai government to buy, of 1 million wealthy foreigners who are currently wanting to buy land in Thailand and invest money into the economy, but don't know about this plan.

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6 hours ago, HeijoshinCool said:

.

 

So, it must be out there somewhere......

 

A mailing list for the Thai government to buy, of 1 million wealthy foreigners who are currently wanting to buy land in Thailand and invest money into the economy, but don't know about this plan.

apparently there s  queue at the cemetry

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If the government’s economic stimulus measures can draw a million foreign experts and those of high economic potential to the country in five years, economic benefit of 1 trillion baht will be created, with 800 billion baht from domestic spending and 270 billion baht from tax revenue collection. The funds result from personal income tax collection, value-added tax (VAT) and investment tax.

 

the government certainly enjoys coming up with sums to support their over optimistic financial forecasts

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37 minutes ago, Gold Star said:

I think it should be a reciprocal agreement. 

 

If your country of citizenship allows Thais to purchase land there, then you should be allowed to own land here.

 

That would take care of the Chinese takeover and expansionist problem, and open it up for the rest of us simply wanting to own a house. 

I'm not sure how much this would help, really. Especially in Bangkok.

 

There's still considerable risk that international capital would immediately bid up prime lots in central Bangkok, which would then have knock-on effects on the rest of the metropolitan area. Unless they desperately need to raise cash quick, I don't see why the gov would do this. A disjunction in housing prices from income levels is not worth the risk.

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Does anyone know the whereabouts of 1 million foreign technical experts who are fluent in Thai?

The language barrier alone will make this idea a bit of a challenge but then I think policy makers may already be aware of this.

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2 hours ago, RichardColeman said:

Imagine if every country in the world suddenly announced Thais would be banned from owning any land abroad - or only 49% of it. They'd be totally outraged at the anti-Thai xenophobia

Of course they would; because they'd be specifically targeting a single race...

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11 hours ago, snoop1130 said:

The government has responded that foreigners’ right to buy or rent property is still subject to specific requirements, and has warned people not to distort related information.

Don't expect too much in return for your investment of trillions.

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