Foreign buyers own 30 per cent of condominiums in Pattaya, according to a property expert. Photo: Xinhua
Foreign buyers own 30 per cent of condominiums in Pattaya, according to a property expert. Photo: Xinhua
Thailand

Can Thailand beat Malaysia and Singapore in the race to lure wealthy foreigners?

  • To give its economy a shot in the arm, the Thai government is looking to attract 1 million ‘wealthy global citizens’ to settle down in the next five years
  • It is considering an array of perks such as longer leases to draw them, but analysts are unsure how the scheme compares to those of its regional neighbours

Foreign buyers own 30 per cent of condominiums in Pattaya, according to a property expert. Photo: Xinhua
Foreign buyers own 30 per cent of condominiums in Pattaya, according to a property expert. Photo: Xinhua
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