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Builders urge tax breaks for buyers

Builders urge tax breaks for buyers

Property developers are urging the government and its new economic cabinet to use tax incentives to help restore housing demand in the remaining months of this year. They are concerned that already-soft demand will be weakened further by Monday night’s bomb attack. Cutting property tax and transaction fees would help to stimulate the economy in […]

Luxury real estate prospers

Luxury real estate prospers

One thing that I love about Phuket is the ability for luxury to live side by side with abject casualness. You could be sitting next to a multi-millionaire or a packaged tourist on the bar stool, as the ties that bind are the flip-flops adorning your respective feet. Islands tend to have little social stratification, […]

Amendment could boost haul from property tax

Amendment could boost haul from property tax

Amending the law to allow median prices based on current appraisal prices to be used for the local development tax could be an alternative to generate massive tax income instead of pushing the controversial land and buildings tax, says a source familiar with the subject. The strategy could help revenue from the local development tax […]

Prices soar for Phuket’s luxury villas

Prices soar for Phuket’s luxury villas

The limited number of new luxury villas in Phuket has doubled the price of resale units, as demand is relatively strong in this niche market. Aliwassa Pathnadabutr, managing director of property consultant CB Richard Ellis (Thailand), said top-end villas on the island were part of an exclusive market characterised by a limited number of high-value transactions. […]

3 Factors That Most Foreigners Consider When Buying A Property In Phuket

3 Factors That Most Foreigners Consider When Buying A Property In Phuket

More and more people are choosing to buy properties in Phuket, Thailand. Phuket is one of Asia’s most sophisticated and most established property markets. Over the past twenty years, property developments have been sprouting around the island that heightened the influx of investors. Currently, the demand for properties is high, especially in newly developed areas […]

Thailand Elite Visa

Thailand Elite Visa

Be a friend of Thailand be an Elite member Since 2003 under “Thailand Privilege Card Company Limited” as its sole shareholder with the registered capital of THB 1 billion, Thailand Elite has become the world’s first country membership package with exclusive benefits for immigration, leisure, business, and much more. Thailand Elite’s main goal of representing […]

Japan backs Dawei, Thai high-speed train

Japan backs Dawei, Thai high-speed train

Thailand and Japan agreed on Saturday to develop the Dawei special economic zone in Myanmar and two train lines in Thailand including a high-speed train linking Bangkok and Chiang Mai. The agreement was reached in talks between Japanese Prime Minister Shinzo Abe and Prime Minister Prayut Chan-o-cha on the sidelines of the seventh Japan-Mekong Summit […]

How Much Money Do You Need To Retire In Thailand?

How Much Money Do You Need To Retire In Thailand?

If your retirement dreams include a beautiful climate, new cultural experiences, access to affordable healthcare and a lower cost of living, you may be thinking about retiring abroad. One destination popular with retirees is Thailand, a small country in southern Asia known for its natural beauty, pristine beaches, exotic cuisine, temples and friendly people. According […]

China, Thailand ink MOU for Kra Canal

China, Thailand ink MOU for Kra Canal

GUANGZHAO: China and Thailand are reported to have inked a memorandum of understanding on the construction of a canal that would cut through peninsular Thailand, linking the South China Sea with the Andaman Sea. Once completed, the ‘Kra Canal’ would offer an alternative sea link between Asia with the Middle East and Europe, bypassing the […]