Affordable and enriched living in Thailand attracts foreign investors

[snoop1130]

 

Thailand is making waves on the world stage with what International Living defines as its attractive blend of enriched living at pocket-friendly costs. The gem in the Thai living appeal seems to be the lucrative real estate sector where, as International Living puts it: “Foreigners are able to buy condos very easily and there are bargains everywhere.”

 

Along with attractive real estate deals, healthcare facilities are highlighted as another substantial advantage of calling Thailand home. With the government’s continued efforts to promote investment, Thailand is firmly establishing itself on the map as a top-choice destination for expats.

 

Part of the Thai government’s strategy entails not just attracting foreign direct investment, but also ensuring that such investments are sustainable and contribute directly to the economic well-being of the Thai people. Job creation, income generation and a steadily growing creative economy are all facets of this comprehensive blueprint.

 

Thailand’s commitment to improving connectivity, both domestically and internationally, is another key area of focus. Their resolve to establish more efficient transportation networks has taken centre stage. Such efforts will undoubtedly ease domestic mobility but also broaden the gateway for international arrivals, thus encouraging further foreign investment in sectors such as housing, reported The Pattaya News.

 

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Caption: Picture courtesy of tawatchai07, Feepik

 

Full Story: https://thethaiger.com/news/national/affordable-and-enriched-living-in-thailand-attracts-foreign-investors

 

-- © Copyright Thaiger 2023-07-17

 

- Cigna offers a range of visa-compliant plans that meet the minimum requirement of medical treatment, including COVID-19, up to THB 3m. For more information on all expat health insurance plans click here.

[solidad90]

The one wrote this article is probably living somewhere outiside Thailand right now. 

 

The real estate cost (rentals or purchase) is going through the roof (Thanks to our russians friends). To rent average Thai style house in Phuket (and we don't talk about prime location) cost about 35 to 45K Thb which is the average cost in spain, France, Portugal, belgium, Italy ect... 

 

The medical expenses can be crazy, My insurance, (Europe Assistance) classify Thailand "aera 3", The same level of costs as US, Canada, Japan, Singapore... Of course you can go to public hospitals but for anything serious, i would avoid it. Public hospitals don't meet the international standards.

 

The restaurants are still cheap and it is easy to find good food for a fair price. Supplies too are cheap.

Moving around is inexpensive, (airplanes tickets), Gazoline is cheap too, compared to Europe. And plenty of services, such as massages, barbers ect... 

 

But all together, if you want to live a "confortable life", having a nice home in a good location, have good insurances, (just in case) and eat time to time foreigner food. It will cost more or less the same as in Europe.

 

I love Thailand, i have a Thai Wife and a baby, and i can say my monthly expenses are more or less the same in Thailand or France. 

 

 

[flyingtlger]

8 hours ago, snoop1130 said:

Thailand is firmly establishing itself on the map as a top-choice destination for expats

And so are the Philippines, Malaysia, Vietnam, Cambodia etc......

[carlf]

14 hours ago, solidad90 said:

But all together, if you want to live a "confortable life", having a nice home in a good location, have good insurances, (just in case) and eat time to time foreigner food. It will cost more or less the same as in Europe.

 

I won't compare Thailand to all of Europe, but I'm coming from Paris, and I've been living in Bangkok for the past 5 years on retirement.  Bangkok is significantly cheaper than Paris for retired life.   We pay for a typical lunch in Bangkok perhaps 6 EUR (200 THB) per person, and maybe 12 EUR (400 THB).  In Paris, you're lucky to find a decent (French) lunch for 20 EUR, and perhaps 40 EUR for a decent (French) dinner.  Housing?  For a small studio (20M2?) in a reasonably safe area in Paris, probably about 1000 EUR/month.  In Bangkok, we live in a lovely, modern 65 M2 apartment on Sukhumvit in Phrom Phong with a 25M swimming pool for about 550 EUR (20K THB).  

[StayinThailand2much]

Hot money from China... 

[kuma]

7 hours ago, carlf said:

I won't compare Thailand to all of Europe, but I'm coming from Paris, and I've been living in Bangkok for the past 5 years on retirement.  Bangkok is significantly cheaper than Paris for retired life.   We pay for a typical lunch in Bangkok perhaps 6 EUR (200 THB) per person, and maybe 12 EUR (400 THB).  In Paris, you're lucky to find a decent (French) lunch for 20 EUR, and perhaps 40 EUR for a decent (French) dinner.  Housing?  For a small studio (20M2?) in a reasonably safe area in Paris, probably about 1000 EUR/month.  In Bangkok, we live in a lovely, modern 65 M2 apartment on Sukhumvit in Phrom Phong with a 25M swimming pool for about 550 EUR (20K THB).  

Stop, you will make all the whiners even more whiney....lol

[Jingthing]

22 hours ago, flyingtlger said:

And so are the Philippines, Malaysia, Vietnam, Cambodia etc......

No on three out of four:

 

Malaysia -- My 2nd Home financial requirements throught the roof.

Applications are down dramatically. 

 

Vietnam -- No retirement visa and there never will be. Retirees don't want a life of visa runs into their dotage. 

 

Cambodia -- Still health care not good enough.