Chinese To Become Top Overseas Buyers
Chinese buyers are thought to be the top property buyers here in Thailand within five years from now.
According to Mr Nigel Cornick, CEO of Kingdom Property and former CEO at Raimon Land: “China will be the number one supplier of overseas buyers of Thailand residential property within five years.”
Nigel happens to be right most of the time in his predictions. 10 years ago, he also predicted the predominance of Russian and Eastern Europe buyers in the Gulf of Thailand, and now he is convinced the Chinese will take over.
Tourism from China has significantly surged lately and a lot of these tourists are actually property buyers as well. They come with tour operators organizing those ‘Investment Trips’ in which they are taken to different property projects together.
To anticipate the venue of Chinese and to boost foreign direct investments in general, Kingdom Property, in collaboration with BTS Property Group, is offering a 20-year visa option to its buyers at its Southpoint Pattaya condominium project. It is the only property developer in Thailand offering such incentive to foreigners but considering the amount of Chinese investors willing to invest in the Kingdom, other developers should implement similar benefits in the near future…
For more info about the 20-Year visa option, please contact us or visit the link below:
A First in Thailand: 20-Year Visa Granted to Property Buyers