News

In Europe, foreign ownership laws vary by country, but in general, the continent is quite open to foreign investors, whether it comes to owning real estate, starting businesses, or making financial investments. Here's an overview of the key rules and regulations regarding foreign ownership in Europe: 1. Foreign Ownership of Real Estate in Europe In Europe, property ownership...

In the United States, foreign nationals are generally allowed to own property and start businesses, but there are specific regulations and considerations depending on the type of ownership. Below is an overview of foreign ownership rights for both real estate and business ventures in the U.S. 1. Foreign Ownership of Real Estate in the USA Residential Property Foreign nationals are generally allowed...

In the UAE, foreign ownership laws have evolved significantly in recent years, offering greater opportunities for non-UAE nationals to own property and businesses. Here's a breakdown of ownership rights for foreigners in different areas: 1. Foreign Property Ownership in the UAE Historically, foreigners were not allowed to own property in the UAE unless they were based in...

Thai Exports Continued to Grow in September Raising Prospects for an Upward Revision in 2024 Despite the cooling trends in exports, SCB EIC anticipates growth to surpass initial estimates of 2.6% for the year, propelled by rising gold exports and strong electronic sales. In September 2024, Thai exports grew 1.1% YOY, slowing from 7% growth. Total exports reached USD 223,176 million for the year, with...

Real GDP growth surged to 3.0% year-on-year in Q3, marking the highest rate since Q3 2022, and increased by 1.2% quarter-on-quarter on a seasonally adjusted basis. Real GDP growth accelerated to 3.0% y-o-y in Q3, the highest since Q3 2022, and rose 1.2% on a seasonally-adjusted q-o-q basis. This robust performance was driven by strong consumer spending and a rebound in business investments. Analysts...

Thailand’s automotive industry to get “responsible business” toolkit from ILO The International Labour Organization (ILO) has developed a new toolkit to enhance social dialogue between employers and workers in Thailand’s automotive supply chain. This toolkit aims to strengthen responsible business conduct in the sector. Nearby car dealerships The toolkit was developed in response to an ILO...

The Thai housing market has faced challenges due to both external and domestic factors, including a downturn in China's  real estate sector, decreased construction demand, high household debt, and an aging population. Thailand’s residential market has faced challenges due to external and domestic factors, including a downturn in global construction demand and the country’s high household debt. Key...

Purchasing a home or making an investment in real estate is one of the most significant financial decisions you’ll ever make. Whether you're a first-time homebuyer or an experienced investor, the expertise of a real estate agent is invaluable. Here’s why hiring a professional agent should be at the top of your list when navigating the complex world of property transactions. 1. Expert Knowledge of the...

Thailand is renowned for its beautiful landscapes, rich culture, and thriving economy, making it one of Southeast Asia’s top destinations for both travel and investment. In recent years, the country has become an increasingly popular spot for luxury real estate, attracting high-net-worth individuals (HNWIs) from around the world. From stunning beachfront villas to sleek penthouses with panoramic city...

A Spiritual and Culinary Journey Coming in October 2024 As October approaches, Thailand prepares for one of its most vibrant and culturally rich celebrations—the Vegetarian Festival, also known as the Tesagan Gin Je or the Nine Emperor Gods Festival. This unique event is not just a celebration of food but a deeply spiritual and ritualistic festival rooted in Chinese-Thai communities, where devotion,...