According to the Global Health Security Index (GHS Index), Thailand is ranked 5th out of 195 in health systems performance rankings. Thailand is one of the leading countries in medical tourism and the price-quality ratio of medical services.
The Kingdom of Thailand has two types of climate: the tropical one in the northern regions of the country and the tropical monsoon one in the southern and southeastern regions. Thus, weather conditions in Thailand vary significantly by month and region.
Freehold in Thailand is the equivalent of the perpetual ownership of property, which exists in most countries.
For Tranio, 2022 has been a year of testing our competencies under harsh conditions. We began to develop several relevant areas: Turkey, the UAE, Thailand; and in a short time we took a leading position in these markets.
The nationals of Australia, the UK, Germany, Russia, as well as the citizens of the Scandinavian and other European countries, prefer buying property in Thailand.
The Kingdom of Thailand is one of the most popular tourist destinations in the world. In addition to holiday-makers, the so-called “Land of smiles” attracts many expats and pensioners, who come here for permanent residence.
Thailand has low taxes for property buyers and owners. Tax rates and registration fees vary depending on the owner’s tax status and the ownership’s duration, as well as on the type of property ownership — whether it is a right of ownership (freehold) or a right of possession (leasehold, which is essentially a long-term lease for 90 years).
"Thai banks do not provide mortgage loans to non-residents. What’s more, foreign nationals can´t get a bank loan for any purpose. There is only one legal way for them to finance their property purchases in the country, which is through the MBK Group," said Nikita Shcherbina, Director of the East-West Realtors Group, Tranio's partner in Thailand.
How to buy an apartment in Thailand as a foreigner? A foreign individual will actually need only an international passport to buy property in Thailand. There are several stages in the process of buying real estate in Thailand.
Real Estate Investment Indonesia (REII) 2019 Conference is going to be held on 30-31 July 2019 in JS Luwansa Hotel, Jakarta.
Phuket is one of Thailand’s main tourist destinations. Investors from all over the world put their funds into the island's infrastructure development. However, Phuket does not only attract prominent entrepreneurs: investors with modest budgets can also make money on local real estate. Tranio partner, the Phuket9 development company, explains how.
Maintenance costs on a flat in a resort complex amount to about $1,400 per year. The exact sum depends on the living space, amount of energy used and the length of time spent there.
In Vietnam, property maintenance costs cover the land tax and utility bills. The owners of investment properties also pay a management company fee and a rental income tax.
Taxes in Vietnam are lower in comparison with those of the US and Western Europe. In this Asian country, property buyers pay VAT and a registration fee, owners pay the land and rental income taxes and sellers pay a sale tax.