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