Legal

Thai Cabinet Approves New Property Policy for Foreigners

The Cabinet's recent decision to extend property leaseholds for foreigners from 30 years to 99 years and increase the foreign ownership ratio in condominium projects from 49% to 75% is expected to attract foreign investors and alleviate the current market slump. he Real Estate Information Centre (REIC) of the Government Housing Bank has supported a major policy change aimed at rejuvenating Thailand’s...

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