Buying abroad has now become a viable option for a great many more people than in the past. Globalisation and more prosperous currencies and so on have led to an increase in demand for properties abroad. Thailand, already established as a tremendous country to visit as a tourist destination has thus become a further popular place for people to buy second homes. Furthermore investors from overseas are anticipated to pump around 70 billion Thai baht in to the Thai property sector in 2008. This is largely due to the bank of Thailand lifting it’s 30 percent capital reserve ruling.
As the continuing demand for apartments, housing and so on in Thailand continues to increase so do the numbers of companies that are willing to take your money and run. So, please be fully aware of what you are going into try and get impartial advice, being in the country and using sources that have been recommended to you by people who have safely and successfully used their services is always a good starting point. This especially true whilst Thai laws, currencies and political landscape continue to fluctuate. Always look after number one.