| Whats affecting the Thai Property Market?
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| | but the opposite occurred more deals went
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| There are many people asking the question
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| | through. However many thought the
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| why has after a step and prolonged rise
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| | draconian visa rules would be relaxed but
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| in the Bangkok property market are prices
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| | they were not, 'The Thai government on
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| slowing? There are a number of factors,
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| | Friday announced new visa regulations for
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| usually these are attributed to rise in
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| | tourists limiting the foreign visitors to
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| interest rates or slowing of the economy
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| | a maximum stay of 90 days each every six
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| but in the case of foreign buyers these
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| | months in order to ease social problems
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| factors hardly contribute to their
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| | and crime in the country.MCOP reported.
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| purchases. In September 2006 the Thai
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| | This contributed to buyers lessening but
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| military staged a popular coup to depose
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| | not by much. There were also changes made
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| the popular but corrupt Prime Minister
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| | to the company formation where rules were
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| Mr.Thaksin.
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| | enforced that made buying a house or land
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| 'The coup caused little stir in Bangkok's
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| | under a Thai company, this shook the
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| popular tourist districts, where
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| | popular costal resort market greatly.
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| foreigners packed beer bars and cabarets
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| | Another event that caused major confusion
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| just a few miles from where the tanks
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| | was the central bank imposed a 30% rule
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| were posted', AP reported
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| | due to capital inflows that meant you had
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| Many thought this would have an effect on
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| | to park this percentage of your funds
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| foreigners buying property in Thailand
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| | with the bank for one year.
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