Thailand introduced the Long Term Resident Visa in 2022 with the aim of stimulating the economy and investment by attracting “high potential” foreigners to Thailand.

There’s plenty of headline news these days about global investors snapping-up real estate in Japan. According to MSCI Real Assets, Japan was the most active commercial property investment market in Asia in the first half of 2023 with US$ 16.3 billion in deal volume. The way has been led by institutional investors, with private investors fast becoming aware of the advantages of buying in Japan, and in Osaka in particular.

‘BOI’ is an acronym for Thailand Board of Investment which is a government agency under the Office of the Prime Minister established in 1977 to provide incentives for both Thai and foreign companies to invest in business activities promoted by the agency.

Our recent press conference and launch event at the Okura Prestige Bangkok for Hotel101 in Niseko highlighted some fundamentally important criteria to look out for when investing in any property, but particularly in a new and unfamiliar market overseas.

There has been much speculation about a recent proposal by the Ministry of Finance to tighten-up collection of tax on foreign earned income remitted to Thailand.