Thailand is now offering 10 year visa for people aged 50 years old and up.
The requirements to get this visa is that you have a monthly income of minimum 100,000 Thai Baht or can afford to deposit 3 million Thai Baht in your Thai bank account for 12 months.
Also you need a health insurance covering at least US$10,000.
Now my question is: “Does Thailand only want to attract rich seniors?”
My immediate answer is obviously “yes!”
But is this fair to other seniors who cannot afford this or do not receive 100,000 Thai Baht per month in retirement pension?
My answer to this question is “No!”… this is not fair!
And why at all not allow anyone to retire in Thailand no matter of age? Many rich people aged from 30 to 50 years from abroad would love to retire in Thailand, but they’re not allowed to do so because they are “too young”! Isn’t that nuts? Yes it is!
With this new law I can foresee some troubles:
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Why does so many people relocate to Krabi?
Why do we see so many new property sales in Krabi these days?
My best bet is, the great infrastructure combined with the most amazing nature Thailand has to offer!
Well then, what has the infrastructure to do with that? Read on here!
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We at TEN Thai Estate Network Co. Ltd. are proud to announce that we have been awarded BEST REAL ESTATE AGENT IN KRABI 2016 by Thailand Professionals in Bangkok.
We wish all our previous, current and future clients a great day.
Thailand Property Tax 2017
The new Thailand Property Tax law seeks to levy taxes on nationwide property and land according to their use.
Under the new law, which will be enforced by local governments nationwide, a first home valued below at THB 50 million will be exempted from tax, while a maximum 0.5% rate will be applied to a second home or first home appraised above THB 50 million.
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How much do you really know about real estate in Thailand?
Try our short QUIZ here to see where you stand.
It is fun, and maybe you will even learn something.
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TripAdvisor’s Traveler’s Choise 2016 has recently ranked Phuket in Thailand as the world’s 8th best island to visit for travelers.
Not surprising is that Hawaii/Maui is ranked as #1 but also islands in Greece, Africa and Spain are ranked in the Top 10 of the world’s best islands.
The list looks like this:
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Condo sales increased with more than 50% in Phuket, Thailand.
According the CBRE the condo sales in Phuket increased in quarter 4, 2015 with more than 50% compared to the same period in 2014.
The Phuket developers are now focusing on investors interested in a rental income on their investment. Read more »
If you are you looking to build your dream home or project in Thailand then look no further!
We at TEN Thai Estate Network Co. Ltd. have more than 25 years experience in the construction industry and we can assist you building the villa, condominium or hotel/resort of your dreams!
Our Project Manager Grant has over 25 years of commercial, residential and hospitality project management and construction experience.
These including, Project Development, Building and Construction practises, served in different types of organizations such as International PMC Companies, Contractors and Consultants throughout Asia, New Zealand, Australia, Thailand, Indonesia and India.
Grant has spent over 15 years in Thailand specializing in Residential and Hospitality projects.
For more info please visit our website here.
How to Find The Best Investment Properties in Thailand.
Despite the current real estate woes in Thailand, real estate is still a good investment strategy when it’s part of a diversified portfolio.
And investing in real estate in Thailand can be fun!
There’s a bit of an art and a science to finding the best investment properties.
You’ll need time to research, a good plan and of course some expert advice on your side.
Here’s what you need to know to find the best investment properties in Thailand. Read more »
Real Estate Investment Checklist – Things to Look Out for when getting started
Buying a new home can be overwhelming! There is so much to consider and so many things to remember. And then of course there are the emotions attached to new home ownership. Here’s a handy checklist to use before you make a real estate investment.
Before you begin looking for a home, make sure you have help. Find a real estate agent you trust who is familiar with the law in Thailand. Get family and friends who are knowledgeable or whom you trust to give you solid advice to help. Read more »