How To Buy Property In Thailand
For a long time now, Thailand Real Estate has provided investors with attractive, secure and stable ROI that exceeds 10% per annum. Land values have increased by as much as 300% over the past decade. Property owners are guaranteed a stable income because the average rental returns is 5% a year with 7% easily achievable.
Advantages of buying a property in Thailand
Property investors can take advantage of Thailand’s low property transaction costs. Transfer taxes are very low at 1.1% up to a maximum of 6.3%. In Singapore, an additional 15% stamp duty is levied on foreign property buyers. In Hong Kong stamp duties for foreign buyers is 30%. In Taipei, a punitive divestment gains tax of 45% was announced last year. Other countries like Australia and the United States are also increa...