Thailand Authorities Considering Changes In Foreign Ownership Of Property
Whilst many property overseas property investors have considered buying an investment property in Thailand, many have admitted to being put off by the complex regulations surrounding foreign ownership of property in Thailand.
It seems however that the authorities in Thailand are currently considering relaxing the restrictions on foreign ownership, as a means of encouraging increased levels of foreign investment in the region.
The report in the Bangkok post has suggested that a real term decrease in the prices of property in Thailand, coupled with the possible changes in the laws surrounding foreign ownership of property in Thailand could result in a long temr increase in demand for property.
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