Thailand Considers Law Revisions to Attract Foreign Real Estate Investment

[Purdey]

But... But how are foreigners leasing land supposed to help lower household debt? No one is paying off their debt are they? 

 

Edited 2 hours ago by Purdey

[bkk6060]

Other places in the world lease land.  But, there is usually some type of caveat that under certain circumstance the lease can be raised.  Especially 99 years that sounds crazy.

[Brave-Fart]

2 hours ago, newnative said:

     I doubt it.  I certainly wouldn't be interested in it at all--and my Thai spouse and I have bought about 20 properties in Thailand, a mix of condos and houses.  

I wonder then as to why you needed to retire in Thailand if you had the finances to buy "about" 20 properties.

Surely real estate in another country would provide better returns for your money upon resale. ?

[Elkski]

Only one reason to live in Thailand me thinks. 😁 

And if you are married and your wife doesn't allow, just why?

 

[chondan]

The land dept.  always get their share ++