Reasons to vacation, live and invest in Thailand
> Thailand is in South East Asia. A country which borders Malaysia, Myanmar, Laos, Cambodia and which has a population of 62 million. Known by many as "The Land Of Smiles" it is a popular tourist destination for millions of travelers worldwide. Most tourists arrive in Bangkok which is a busy metropolitan city with 10 million inhabitants. After spending a few days here they move on to beach resorts such as Phuket or those seeking a less expensive holiday with more to see and do choose to come to Chiang Mai.
> There are a vast number of reasons that make Thailand an ideal and attractive location for you to consider when purchasing a property whether it be for permanent living, a holiday home, or an addition to your portfolio of investments. Exotic Thailand is Asia’s top destination and offers stunning Islands and beaches, vibrant cosmopolitan cities, beautiful mountains, dense forests and nature parks, a tropical climate and a magnificent culture with courteous and friendly people and world-class cuisine, making it a magnet for visitors, re-locators and property investors alike. It is a golden opportunity for those who dream of securing a prime piece of real estate in an ideal location with a reasonable price. Living in Thailand is a rewarding experience and a wonderful place for successful living!
Thailand is classed as an emerging property market while it remains in the early stages of growth. Investors are purchasing now, while property prices are at a low and look set to rise when the property market and supporting infrastructure matures in Thailand. High growth figures are very achievable particularly in the newer resorts, where average growth can reach 15%. The government is concentrating on ambitious new marketing efforts to attract luxury tourism in order to meet its annual target of 10% growth in tourist numbers. New construction in resorts is expected to attract a vast numbers of tourists on short term holidays, while generating excellent rental yields for the investors who own these properties.
Retire in style in a low-cost paradise
The cost of living Thailand is much lower than in most European/American destinations while the facilities available to tourists and visitors are modern and of international standard. Property is much cheaper in Thailand than elsewhere and an increase in overseas interest in property purchase has helped to create an economic recovery in Thailand.
The answer for a growing number of European/Americans making the leap into early retirement is moving to a country with a lower cost of living. From a financial perspective, spending your golden years overseas is certainly tantalizing. Consider how far your Social Security checks might go. The cost of living may even be low enough for you to retire years earlier than you might otherwise. For thousands of people who have worked in Asia for many years, Thailand is a very attractive retirement destination, in which the living environment will feel familiar. Retirement visas are available for foreigners over 50 years of age, according to financial means. Due to its popularity as a tourist destination, Thailand is one of the cheapest places to fly to in Asia, with direct flights readily available to Bangkok from many international airports.
Thailand is Asia's top resort destination
An exotic long haul destination, Thailand is also a sophisticated tourist destination with a great universal appeal. Thailand itself offers a tremendous amount of attractions with hotel resorts, beautiful beaches with scenic views of the ocean in Phuket or majestic tropical mountains in Chiang Mai. There are in Phuket nature parks, waterfalls, water sports including speed boats and dive tours allowing exploration of the wonderful Andaman Sea and the amazing smaller islands that surround. Chiang Mai although bigger and the 2nd largest city in Thailand still live at a slow pace and keeps the traditional Thai Lana culture in the eyes of visitors with local markets including its famous Night Bazaar Market and temples and offers a wide range of activities like trekking, rafting, elephant riding, golf ... Both Chiang Mai and Phuket certainly do cater to all needs and suit all travelers, singles, families or those looking to retire in this perfect tropical paradise!
Thailand is one of Asia's top holiday destination
Since the early 1980's the tourist business has been one of Thailand main source of income. Hotels, restaurants, tour companies, and souvenir shops flourished everywhere. Tourism is by no means the country only asset. Agriculture remains important to a large number of people, and covers by far the most part of the country. Primary produce are rubber, coconuts, cashews, and pineapples. Prawn farming has largely taken over the east and south coasts and pearl farming is also important in the south. The fishing Port of Phuket is occupied at all times, processing of marine products and makes a significant contribution to the economy. Chiang Mai has always been the main woodcraft and artistic center of Thailand has a large number of small handy crafts factories as well as industrial factories exporting all over the world. Thailand became also a major player in various industrial sectors ranging from electronics to car manufacturing with world leading car manufacturers like Toyota, Nissan, Mitsubishi and Ford Motors... With so much growth in industries supplying income, construction has become a major option for those seeking employment in the area. This range from public works projects, office buildings, hotels, apartments & housing estates.
Thailand has one of the fastest growing property markets in the world
The property market in Thailand has not reached its peak yet unlike with other desired destinations around the world, there is still enormous potential for investment decisions which will lead to secure returns and happiness for your future. As developers continue to build lavish estates and ocean villas the demand will increase. The mountainous terrain on the tropical Island of Phuket and in the breathtaking mountains of Chiang Mai are still protected, ensuring that no developers can destroy the majestic scenery. Property values also remained strong even after the 2004 Indian Ocean Tsunami.
The Cost of living in Thailand is Considerably Cheap
When you compare Thailand with many other countries especially in Europe, America and Australia there is a considerable difference in expenditure. In general, if you take a look at everyday living such as food, electricity, water, and transport you will find that you can afford to do much more than you would back in your native country. Your monthly expenses may be a third or a quarter of what you would pay elsewhere.
Rental Returns on Properties Remain High
Thailand greatest asset is the Tourism Industry, obvious reasons are for the local economy but also for the guaranteed rental return on your property investment. Tourists from everywhere come to escape from cold winters and expensive living. Because of this reason the demand for short and long term rental is quite large, in some cases prices can range from a few $ to $ 2000 per night depending on location, quality and service expected.
Infrastructure & Services
> With international standard hospitals in major cities, quality healthcare is available at a fraction of the cost in the West. For this reason many people fly from all over the world to have surgery and put there complete faith in the proven quality medical care services and centers available here. Bangkok has an International Airport with direct flights from all around the world and is a main international transit hub. Most of the flights to Asia go through Bangkok. Chiang Mai and Phuket have international airports that caters to direct flights from Australia, Hong Kong, Singapore, Kuala Lumpur, Indonesia and Europe.
> There are International schools available which offer education to international standards. Opportunities for Shopping and business are always available to attract buyers. With significant growth in terms of infrastructure development, Phuket and Chiang Mai are booming and Thailand is becoming a destination which provides an International Style of Living much sort after day by day. Communications and IT infrastructure in Thailand are of high quality and are cost effective.
Entertainment in Thailand
Thailand has a rich variety of entertainment options. These options are suited for the all types of travelers whether it be the sole backpacker or the entire family. There are island and mountains tours, nature treks, elephant rides, monkey shows, water sports galore, fantastic snorkeling available and many more options to keep you well entertained during the day. There are amazing restaurants and cabaret shows. For those who are seeking the party-thrill there are plenty of bars, clubs and entertainment venues.
Shopping In Thailand
There are so many shopping centers in Chiang Mai and Phuket, as in Bangkok, from noisy night markets, street vendors, beaches stands, local shops to cool air-conditioned department stores including Robinson, Tesco Lotus, Big C, r, and Central.