The Island is compact and serine and you can get whatever it is that you want from your time spent there. From the bustling nightlife and Shopping in Chaweng and Lamai to hiding from everything at a fasting retreat on a peaceful getaway. There is a perfect balance between island living and modern day needs, we all dream of living on that tropical island but inside we are still happy to see the big supermarket that can supply our comforts from home, or at least about 60% of them.

Real estate in Thailand has been in the press a lot lately, concerning and confusing willing buyers and investors alike. The truth is it is still really simple to purchase property there, through a 30 year rolling lease that totals 90 years. In some cases condominiums can be bought as a freehold, if the developer has a certain license.

With Thailand being such a beautiful country, attracting visitors from all over the world and much of the property being purchased off plan at huge discounts it is easy to see how this market will continue to grow. It is also easy to see how people who have invested in Thailand property will see generous returns on their initial outlay. With many of the real estate developers offering project management services upon completion your property could even make its money back from holiday rental income generated while you are not staying in it.

Anyone who has visited Koh Samui over the past few years will have seen a vast change in the real estate market, the prime investment spots are being snapped up while it is still at its great prices. People are now kicking themselves for not buying into the Thai real estate market a few years ago, but they will be kicking themselves again in a few years for not buying today.

Author: Nick S Thatcher

A Guide To Buying Property in ThailandAlways remember when appointing a Thai lawyer, you are basically hiring his/her professional services in order to help protect you from any unforeseen pitfalls, guide you on Thai real estate law, help with any lack of … It can also be foolish, to go the cheap route and use any of the numerous unqualified legal advisers who offer ridiculously cheap legal assistance. Many, you often see in the back of tourist magazines, newspapers and occupying numerous street shops.Buy land and pay monthlyThe building area in the valley is approx. 50 rai. The only… read more. Chon Buri/Pattaya / Bang sare/sattahip, Price: 42000000 THB, Posted on: 13/01/2010, Ads category: Real estate, Land for rent or sale, reply to this ad.Thai Property Show Thailand Real Estate Market Thai Property ThaiThai Property Show is the first real estate trade exhibition,an exclusive showcase of properties and real estate services,India 2010 opens new opportunities for Thailand’s Real Estate Market. … strong growth in the Indian economy, GDP and individual wealth, proximity and connectivity to Thailand, investment and buying habits of Indians and decline in investment from other markets, India is a market which cannot and should not be ignored by.

Technorati Tags: buying property, investment properties, investment properties for sale, new homes for sale

The Thailand Treasury Department has revealed government estimates which overwhelmingly suggest that land for sale in Koh Samui in the southern part of Thailand has increased overall by a substantial amount, their figures give 85.79 percent over an average nationwide increase of 26.9 percent.

The Director General of the Thailand Treasury Department, Khun Puntip Surathin, announced the Samui land valuations for tax calculations during the period 2008 to 2011. The Thailand Treasury Department reviews land valuations every 4 years and evaluates well over 5 million plots in Bangkok and more than 3 million plots country wide. The Thailand Treasury Department reaches the figures reported by collating the information recorded in its extensive surveys and takes into account the exact use the particular land for sale in Koh Samui is being put too, the local environment and current economic conditions.

In stiff contrast to the southern Samui land prime cost hikes, the average Bangkok land price increased by just under 6 per cent. Still, the values that have been placed on land for sale in Koh Samui and land for sale nationwide differed greatly across various areas, for example Bangkok observed prices ranging from Bt 260 per square wah in Nong Chok to Bt 650,000 on or near to Silom Road.

Amongst the Thai provinces, land for sale in Hat Yai, Songkhla was put at a value of Bt 400,000 per square wah. Ranot district was one of the cheapest places in the country to buy a plot of land. Prices were also on the increase in and around the large Northeastern province of Issan, which price hikes estimated at a level of 22.97 per cent. A square wah in Khon Kaen’s Muang district cost Bt 200,000. However, there were again variations within the region with land in Sakhon Nakhon’s Song Dao district and Chaiyaphum’s Phakdi Chumpol district priced at at a lot lower rate.

Land in the North of Thailand increased to an average price of 15.43 percent with the most expensive land being in the Muang district of Chiang Mai, which was priced at Bt 250,000 per square wah. However, land in Doi Tao, Mae Chaem, which is in the same province as the northern city’s Muang district, was estimated to be worth a lot less.

In the Central Eastern region of Thailand, average prices of land for sale in Koh Samui rose 11.71 percent with the highest price rise nationwide recorded in the Muang district of Samut Prakan at Bt 140,000 per sq wah. The diversity within individual regions was again evident, with land in the Sangkhla Buri district of Kanchanaburi costing only a fraction of that in Samut Prakan.

Author: Daniel Sandercock

Home for sale bo phut koh samuiMuksdahan,Thailand, House for Sale-Price Reduced. Price Just Reduced- 4 bedrooms,3 bathrooms property.just 4 minutes from city center,10 minutes from the friendship bridge.The bungalow is 325sq.m located on 547sq.m of land. Prices Rise on Land For Sale in Koh SamuiIn stiff contrast to the southern Samui land prime cost hikes, the average Bangkok land price increased by just under 6 per cent. Still, the values that have been placed on land for sale in Koh Samui and land for sale nationwide.Chaweng - panoramic sea view land for sale koh samui thailand 950sqm seaview land in Chaweng, Koh Samui Very nice land (uninterrupted panoramic sea view) for sale in residential area with security guard and… … Chaweng - Panoramic Sea View Land For Sale Koh Samui Thailand.

Technorati Tags: baan hin sai koh samui, nora chaweng hotel koh samui, samui first house, villas koh samui

Living in Thailand is a dream for many foreigners who wish to escape the cold winters and the high cost of living in their home country. Thailand offers the foreigner many benefits including beautiful beaches, tasty food, friendly people, world class health care and inexpensive property. Many foreigners come here to retire and others come only part of year to enjoy what Thailand has to offer. For those to desire to long stay in Thailand, the ability to acquire property is an important issue. A substantial amount of their life savings is used to acquire this dream property. From the perspective of a Legal Advisor, I would like to share with you the process to successfully acquire property in Thailand.

Select a Property Agent

Since you will be looking for property in a foreign country you need expert local assistance. The agent knows how to communicate in Thai and they’re familiar with the geographical area. They can show you many quality properties in their inventory. Typically, a good agent will weed out the poor quality units. They want satisfied clients and they will avoid problematic developments. The agent will save you valuable time in selecting and showing you the property in your price range that meets your needs. I can honestly say that purchasing directly from the developer isn’t going to save you money versus buying it from agent. A quality property for sale in Thailand is generally offered at a fixed price by the Seller. The best benefit of using a property agent is that they will act as a liaison between you and the Seller. They will obtain a fair price for you and act on your behalf to represent your best interests throughout the entire process.

Legal Planning

Before you sign any deposit agreement or contract, you should sit down with a lawyer or solicitor to discuss the legal process. You need to know the correct legal process in Thailand for the foreigner to acquire property. Remember that you are spending part of your life savings to acquire this property and you must carefully plan your steps in the process. Siam Legal offers free legal consultation to potential property buyers. You should get the legal facts of the property and contract laws in Thailand before you deposit any money.

Legal Structure

In Thailand, a foreigner may only own a condominium in his/her own name. If the foreigner wishes to acquire land and build a house, he/she should obtain a long term lease on the land, typically 90 years (registered 30 years initially and two renewals of 30 years each). The foreigner should apply for the construction permit to build the house in their own name. This way the foreigner owns the house and has a secured long term lease on the land. The lease is written with the option to reassign to another person (if you sell), ability to sublease and with a purchase option (should the law change in the future to allow freehold ownership by the foreigner). Therefore, a lease is the most common legal method for the foreigner to acquire property in Thailand.

Title Investigation

A comprehensive examination of title deed recorded at the Land Department should be done. You need to verify that the Seller has clear and legal title of the land before you enter into a contractual agreement. The title search will trace the land to its first possession. This investigation will also verify the right to vehicle & utility access to your property; provide the residential zoning, environmental and planning codes in the area and show any registered mortgage or liens on the land. It is a good idea to make sure that you can build a structure on the land. Also you need to find out if you have legal access to drive your car to it. Don’t take the word of anyone who tells you it has been checked before. The lawyer conducting the title investigation will provide you a full report and a copy of the title deed in English language.

Due Diligence

Every financial transaction requires some sort of due diligence on behalf of the purchaser to verify that it is a sound investment. When you purchase shares of a company listed in stock market or a mutual fund you will generally research the profile and performance of the company or fund. The same is true when you purchase a property from a developer. You should check with the previous buyers to see if they are satisfied with the quality and time frame of construction. If you don’t have the time to spend on checking the history of the developer, a local lawyer near the development will know or can check the project, its directors and their reputation.

Deposit

When you feel satisfied with the property and it meets your expectations, you will be asked to make a deposit to show your good faith to continue the process. In return, the Seller will reserve the property for you and start the process by drafting the contracts for purchase. Unless you write specifically a "get-out" clause in the deposit agreement, for example "subject to clear title" or "subject to agreement on the contract terms," the money deposited is non-refundable.

Review of Contracts

Now you are ready to proceed to acquire the property upon verification of a clear title. The Seller will have the contracts prepared for you. Since the Seller will write the contracts, it is highly recommended that you have a lawyer or solicitor review the terms and conditions. First, you want protection for yourself should there be a delay in the property being built. A proper remedy should be stated in the contract. Second, the Seller will state a penalty if you are late with your payment. This should be fair and reasonable to both parties. Finally, your payment schedule should be reasonable and practical. Normally, a first payment is 25 percent. Thereafter payments are made on a progressive basis: 25 percent when the roof is on, 25 percent when the door and windows are secure; and 25 percent when the fixtures and fittings are completed. Your lawyer will make recommendations and these concerns will be given to the Seller for amendment of the contracts before you sign.

How to Pay

You will transfer funds into Thailand from overseas for the purchase. The funds transferred will be in foreign currency and converted by the Thai Bank to Thai Baht. A British couple for example will transfer Sterling from their London bank and wire to the bank in Thailand. The Thai bank will convert the funds into Thai baht and deposit it into local bank account. The Thai bank will issue a Foreign Exchange Form to confirm the transaction. The bank will only issue this form if the transaction is over $20,000 USD. When you wish to repatriate the funds back to your home country, you will need to show the Foreign Exchange Form and supporting documents. Your lawyer or solicitor in Thailand can act as an escrow agent and disperse the payments to the Seller per your instructions.

Construction Phase

The building of your dream house will take time for the construction. The rainy season in Thailand sometimes runs longer than normal which can delay the process. A good developer will keep you posted on the progress of your house construction. Photos should be provided by the Seller to you at each stage if you are not in the country. Your property agent should work for you in this time period to answer any questions you may have about the process or timeline for the completion of the construction.

Handover of Property

At the conclusion of the construction period, you will receive notification from the Seller that your property is ready for inspection. You or your representative will go to the property site and conduct a thorough inspection for any defect in construction or materials. Once you have accepted the condition of the property, you will go to the Land Department for the transfer or registration process. If you lease the land, the registration of the lease will take place. If you are not able to appear in person, a lawyer or third party can represent you by means of a Power of Attorney.

Warranty

Thai Government regulations provide for 5 year warranty on main structural parts. A one year warranty is generally offered in most contracts on component parts or accessories which are major parts of the building. A good developer will be quick to respond to requests for repair of any defects. Keep this in mind when you are asking your questions during the due diligence process.

Summary

Living in Thailand should be an enjoyable and relaxing experience. If you plan and prepare in advance for the acquisition your property you will be rewarded for your efforts. Those you take short cuts in the recommended process above will save some money but in the end it will not be worth it if something goes wrong. Property is a solid investment in Thailand as well as a great place to live while enjoying life in paradise.

By: Nicci

How to Successfully Acquire Property in ThailandA substantial amount of their life savings is used to acquire this dream property. From the perspective of a Legal Advisor, I would like to share with you the process to successfully acquire property in Thailand. Select a Property Agent.Foreign Ownership Rule for Land and Property in ThailandAl though a foreigner cannot purchase land or property in his own name, he has been given some alternatives to acquire a property in Thailand according to the Section 86 of the Thai Land Law, which are as follows.Land & Property Law in ThailandIn other words, land lease is one of the simplest as well as straightforward options for a foreigner to acquire a property in Thailand. According to the Thai lease law, a maximum of 30-year lease year is provided, and that too with the.

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Under-Supply of Koh Samui Property Drives Up Prices

Under-supply of resort property on Thai islands like Koh Samui and Phuket is generating substantial growth in their respective resale markets. The under-supply has been caused because of developer’s reluctance to go ahead with new projects in case government restrictions on foreign ownership hinder sales. It is hoped that the government will soon raise the percentage of property that can be bought by foreigners.

None the less the under-supply presents investors with a fantastic opportunity. The under-supply is primarily on condos and apartments, but has stunted sales, which means there are still some great developments to choose from. Significant resale price growth is another arm to the opportunity presented by off-plan property, because the immediate value rise on completion is all the greater.

Liam Bailey, head of international research for overseas property specialists David Stanley Redfern had this to say about the Koh Samui opportunity:

"The latest news from Koh Samui does nothing more than make it an even better opportunity. Luxury villa prices rose by 50% per year in 2006 and 2007, and have always been expected to continue growing strongly. The current under-supply issues will only serve to maintain high demand, or even cause demand to grow for luxury resort property on the tropical island with some of the world’s best unspoilt white sandy beaches."

As far as off-plan opportunities go, David Stanley Redfern’s Maenam Hills development on Koh Samui is one of the best in the world. Maenam Hills consists of 2 bedroom off-plan resort villas priced from only 100,000. The great thing is that the developer is offering non-status 50% LTV interest free finance on the villas over a period of 48 months, on the spacious villas. The Maenam Hills villas also come with a 6%p.a. uncapped rental guarantee for the first two years.

David Stanley Redfern are also marketing off-plan apartments on Koh Samui. The Siranya development offers 2 bedroom apartments with sea-views and rental management from just 103,000. The expected yield is 8% for owners who take rental management on their property, and the development also has a restaurant, clubhouse and spa.

Find out more about Koh Samui property.

About David Stanley Redfern

David Stanley Redfern Ltd is one of the U.K.’s leading overseas property investment specialists. The reasons for this are an incomparable range of international properties spanning 40 destinations worldwide, and unrivaled customer care, which lasts long after the purchase has been completed. Experienced, professional staff and membership to the overseas property market’s regulatory body: the Association for International Property Professionals, as well as their stringent due diligence procedures gives buyers the confidence that any purchase with David Stanley Redfern is a safe one.

Media inquiries should be directed to Liam Bailey at media@davidstanleyredfern.com

By David Redfern Published: 7/16/2008

Technorati Tags: chon buri thailand real estate, thailand real estate land

Thailand is currently the most popular tourist destination in Asia. The most popular destination within Thailand is the fashionable and chique island of Koh Samui, once known only by back-packers, Koh Samui is fast growing into one of the world’s most popular tourist destinations. This and the still relatively low property prices make it easy to see why foreign property investment is also on the increase.

Overseas property development specialists David Stanley Redfern Ltd have set their sights on the sensational South East Asian country of Thailand, adding these 100,000 villas to their portfolio. It surely comes as no surprise to learn that a tropical island abundant with beautiful sun baked beaches and surrounded by panoramic views of the surrounding blue serenity of the sea and sky is highly sought after. What might surprise you is that for 100,000, your very own investment home amidst Maenam Hills, an exclusive boutique development of just 10 generous terrace and balcony featuring villas can be yours.

David Stanley Redfern now offer investors the chance to buy a Thai 2 bedroom property over 48 months with 50% interest-free finance available. Along with an equally enticing 2 year guarantee of a minimum 6% return in an area that enjoys an astonishing 80% annual occupancy — Thailand’s third largest island, the widely revered and highly fashionable Koh Samui.

These incredibly affordable Thai villas are incomparable for value, quality and style. Their modern and meticulous interiors are sharply designed to allow full appreciation of their glorious fully fitted living space, as are the private gardens amidst which they’re situated. With the availability of optional (at extra cost) furniture packages that allow for immediate rental, full utilities and personal drive and parking provision, there’s everything you could hope for and more.
More meaning and mainly pertaining to the alluring palm tree lined pool, close proximity to the local golf and country club that’s famous for its luxurious spa and Maenam village, a Thai cuisine centre point for Thai food lovers all across Asia.

Thailand just so happens to be Asia’s biggest tourist attraction and so it’s somewhat reassuring to know that Samui is regularly serviced with flights from Hong Kong, Kuala Lumpur, Singapore and more frequently from Bangkok, the capital city, making these undeniably attractive properties simply perfect for investment makers and holiday takers alike. To avoid the inevitable disappointment that will follow the failure to procure one of these villas, contact David Stanley Redfern Ltd immediately and discuss all the varying beneficial aspects of this opportunity.

Find out more at www.davidstanleyredfern.com

About David Stanley Redfern Ltd

David Stanley Redfern Ltd is an overseas property specialist, working directly with developers in more than forty countries. Most properties are exclusive to David Stanley Redfern Ltd, giving an unparalleled selection of resale and new builds. David Stanley Redfern Ltd is AIPP accredited.

Please direct all media queries, requests for press information and editorial details, to media@davidstanleyredfern.com.

By David Redfern Published: 12/21/2007

Technorati Tags: thailand real estate chaing mai, thailand real estate market

With recent months seeing relative instability and poor returns from overseas property investment, the past twelve months have seen property investors going through a period of reflection, as they look to see which international markets will offer them the long term returns of investment they are looking for. Issues such as increasingly fragile economies and oversupply in traditional markets, have seen investors starting to look at markets such as Phuket with a view to them offering higher yields over the next few years.

Larger than Singapore, and located approximately 860 kilometers south of Bangkok, Phuket is one of South East Asia’s premier tourist destinations. Friendly locals, good infrastructure, exceptional cuisine and a tropical climate have resulted in large numbers of international property investors moving into Phuket. As such, the island is rapidly becoming a regional hub of international property investment, offering relative stability in uncertain times.

Recently Phuket has seen some exciting, and genuinely innovative property development projects being launched on the island. Projects such as the Royal Marina and the Laguna Village are well conceived developments, which prove attractive to overseas investors. These projects offer a genuine lifestyle choice for people, offering waterside living in a beautiful and friendly environment.

As well as the favorable local conditions for investors, the second factor affecting this growth in demand for property in Phuket is the increasing acceptance of overseas property investment in Thailand by the local authorities. At present, Thai law states that a foreigner may not own the freehold to the land, however they are able to purchase a freehold title for the building which sits on the land. In effect, the resulting purchase agreement will see the purchaser buying the freehold title for the property, and a separate 30 year lease on the land itself. In this instance, it is common for the contract to provide an option to extend the lease a further two times, each for thirty years, effectively giving a 90 year lease.

Property legislation in Thailand is slightly different for investors wishing to purchase a condominium, where a developer is likely to offer the purchaser both a leasehold and freehold option. Under Thailand property law, foreign ownership of a condominium must be under the allow limit of 49%, and in this instance ownership on a freehold basis can be offered. However if the block is currently over the 49% foreign ownership quota, then the property will be offered on a leasehold basis with the option to extend twice for periods of 30 years.

Whilst this method of property legislation may seem time consuming and complex, it is commonly practiced throughout Thailand, and it is believed that the authorities are currently looking at streamlining this process. As with all property purchases overseas, the requirement for a solid understanding of local legislation makes the choice of a good, multi-lingual solicitor a key factor to a smooth transaction.

These more favorable conditions, coupled with the stable political and economic climate currently being experienced in Thailand, investors are seeing long term returns from a market which currently represents good value in the property market.

The market for property in Phuket is gaining popularity, but still has a long way to go before reaching maturity. With a range of property on offer in the region, Phuket has something to cater for every budget and taste.

Author: Mark J Burns

Phuket property? Phuket property is so amazing because of many answers, not just one defining one that pushes people over the edge on the product. When you see these Phuket villas you jump ship right away and live the life that you worked so hard. Phuket Real Estate Markets Buying home, condo or any other real estate property for sale in a market that is protected from a bursting Phuket real estate bubble is every investor’s dream. Laguna Phuket The completion of the Suvarnabhumi-Phuket International Airport has spurred growth in commercial property markets in eastern Phuket as well as in the beach resort of Pattaya.

Technorati Tags: buying property in thailand, realestate in thailand

One of the most picturesque countries of Asia, Thailand is a top-notch global tourist hotspot. Be it the coastal lifestyle or the mainland Thai locales, the entire country is full of amazing spots that allure you no end. Thailand’s major USP is tourism and the government knows this fact and has always promoted it on a global scale.

The response from tourists flocking to the country has been overwhelming and they seem to return to Thailand in abundance year after year. Political uncertainty notwithstanding, tourists tend to flock to the country on a year round basis. Though the country is not quite open to full foreign ownership of Thai property, there is no dearth of investors’ interest in the Thailand real estate.

The charm that is Thailand

The special Thai charm assumes much greater significance for the development of the entire Southeast Asia. The miles and miles of pristine sandy beaches, including the world famous Pattaya Beach, dotted with exquisite palms have a unique magical effect on the visitor, which makes it a favourite honeymoon destination for couples tying the knot!. Phuket and Koh Samui occupy the pride of place on the coastal regions Thailand.

Thai spa’s are world famous for their soothing, calming, and relaxing effects on a tired body. This makes the country one of the best getaway spots in the world to relax the tired mind, body, and soul. The Buddhist monasteries make for a profound experience and worth visiting at least once during your stay. Being the major Thai religion, Buddhism is all-pervasive in the lifestyle of people here. And it’s an open secret how much the Westerners are attracted towards Buddhism and the Buddhists.

Though not an absolute monarchy, yet Thailand has the longest reigning monarchy of the world since 1946. And this has been a constant cause of several coups in the country in the recent years. The country has also seen some of the worst natural disasters in recent times, like Tsunami, SARS, and Bird Flu. But all this has virtually zero effect on the minds of visitors in Thailand.

The capital Bangkok is just like any other advanced European city, with casinos, nightclubs, pubs, bars, cafes, restaurants, theatres, cocktail lounges, and massage parlours easily accessible. Thailand is also a haven for the shopping freaks with quality leather and electronic equipments available at much cheaper prices than Europe and the USA.

The regular flights to and from Thailands Airports connecting major European, American, Australian and Asian cities have spelled boom time for Thai tourism and economy.

Property Investment in Thailand

Unfortunately, Thai government is not so open when it comes to inviting global real estate players for developmental purposes. There is a bar on property investments by foreigners in the Thai real estate. As an individual, you cannot own any land, and even as a company, only the Thai partner is allowed to own land and that too with considerable amount of restrictions. The government is particularly strict in this regard post-2006 coup.

The freehold land might not be available for direct purchase by a foreign national, but you certainly can lease the property on a 30-years lease period. The foreign purchasers of condominiums may buy the freehold so long as total foreign ownership does not exceed 49% of the whole structure.

Investment in Thailands real estate should never be completed without soliciting the help of local expert adept in property transactions. This is because the Thai real estate industry is largely unregulated and you’ll hardly find any regulations governing real estate transaction in the country. While a lawyer is not a necessity in completing the contract, if the documents are in Thai, it’s better to hire either a good translator or a real estate expert.

The best property to invest in Thailand is the holiday resorts and other vacation property at prime tourist centres. A beautiful Thai villa can be yours for just 121K at ChiangMai, while a resort property is available for upwards of 50K. Condominiums in Pattaya are available at 30K onwards, while villas for sale in Phuket are heavily priced at a minimum of 480K.

These properties will ensure you get a commanding rental income throughout the year, and you can also enjoy an annual stay for a couple of weeks (or more!) in these accommodation sites.

It’s better to research the country for an appropriate and legally acquirable property because tourism potential notwithstanding, there can be lots of crooks and goons on the prowl waiting for the gullible foreign investors. Make adequate inquiries and research about the individuals and property you are dealing with. The lax political and administrative will has resulted into several criminal elements making Thailand their den. However, if you approach the real estate transaction with due diligence, chances are you’d be able to strike a good and legitimate deal.

Author: Les Calvert

Central Pattana property CPN is the leading developer, manager and investor of retail and commercial properties in Thailand. In operation for more than 25 years, CPN today owns and manages 10 premium shopping centers, five office buildings and two residential. Thailand Investment Property Thai culture has always been greatly influenced by China and India giving an exotic blend for which The Kingdom of Thailand has become famous. Thailand property is fast becoming the desire of overseas property buyers is accessible. Thailand Property Being a developing country, the cost of property in Thailand is much lower than in the more developed European markets. But, on the other hand, prices for Thai property, in general, are rising at a much faster rate.

Technorati Tags: hotel for sale thailand, house for sale in thailand

When thinking of overseas property for investment purposes the British have invariably and predominantly looked to Spain and France in the past. More recently Bulgaria,The Czech Republic, Poland, Latvia, Croatia and with their accession into the EU on the first of January 2007 Romania now seems a viable option and alternative. For some of the more pioneering Americans Eastern Europe is also a favourable choice for affordable real estate, offering a low cost and comfortable standard of living. Furthermore the majority of the emerging economies within the Eastern bloc and real estate markets are pro active and working hard to attract foreign investment.

A growing number of US citizens are choosing to move north to Canada where real estate can be cheaper,taxation can be lower, healthcare is far cheaper and the standard of living as high as in America. Countries such as Mexico, Panama and Belize are well known as lower cost locations for US citizens seeking an affordable overseas location. Living costs, real estate and taxation are all low. However the main consideration is the affordability and accessibility of healthcare and of necessary treatment and care, each of the three countries mentioned fails in one way or another. Furthermore, younger Americans may struggle to find decent employment or education for their children in Mexico, Panama or Belize.

The British have always been obsessed with property and the expression ‘an Englishman’s home is his castle’ has never rung more true. With the cost of housing within the UK out of the reach of most first time buyers and those first time buyers continually vying for property with buy to let investors more of the early twenties are putting down roots in more affordable countries. As always though anyone considering these locations are advised to act sooner rather than later.

The Sofia Echo in early January reported that developers have worked on entire apartment and villa complexes in smaller and less popular regions with significant funds allocated to such projects. Investors, it seems, showed more interest in getting a new apartment close to a major city, rather than an old house to refurbish. as a result of continual development the price of property in such regions remained almost unchanged throughout 2006. In some regions, the price of property even went down. Varna region registered a 15 per cent price decrease. The average price per square metre in the region dropping from 600 to 510 euro. Supply also brought down the prices of property in the Bourgas region.

With the advent of cheap air flights this has further enhanced the idea of a dream home in the sun. However can accessibility be correlated directly to sustainable investment potential. Thailand is approximately 10000 miles from the US and approximately 6000 miles from the UK, With flying times of approximately 21 hours and 11 hours respectively. Perhaps not suitable to the masses and ensuring a restricted and select ex-pat presence.

Thailand has three main seasons per year. Northern climatic conditions are preferred by Thais countrywide as the coolest and most comfortable. Generally northern temperatures are between 3-5 degrees lower than the rest of the country, Chiang Mai city is a favoured location and the climate is perfect for visitors. Cool mountain air and bright sunny days ensure that this Shangri-la setting will remain a favourite for many years to come. The North also differs during the rainy season and continuous rainfall is quite rare. It will usually rain heavily for a period between 30 minutes to one hour, once or twice a day and soon dries up after the sun appears. The area is then left feeling fresh and cool. The average temperature throughout the year being approximately 26 degrees.

Chiang Mai has a significant expat community and some figures put the number of "farangs", or westerners at 5,000. Chiang Mai is much of what Bangkok is not. Instead of the flatness of the Maenam Valley one is treated to ranges of forested mountains that sweep northward to Burma. Hill tribes in colorful costumes are common sights hawking their handicrafts around the night market. As Bangkok has no definite city centre, Chiang Mai’s is clearly defined by a moat.

Chiang Mai is certainly easier to negotiate than Bangkok. Walking, bicycling and motorcycling are realistic alternatives to driving. Or if you prefer, tuk-tuks are prolific. A relatively well organized system of songtaews (pickup trucks with benches and canopies) run a sort of shared service around greater Chiang Mai. Some can be hired much as a taxi service. Chiang Mai stands on the banks of the Maenam Ping (river) and quite a number of good restaurants are perched along the banks.

There is also a strong emphasis on healthcare and Chiang Mai has several quality hospitals including Chiang Mai Ram,Chiang Mai University and the McCormack Hospital. Along with the presence of US and UK consulates. ATMs are everywhere and currency exchanges are commonplace. Interest earned on fixed deposit accounts is taxable at 15% and collected by the banks.

By: Martyn Witt

Thailand Investment Property The process of buying in Thailand can be complicated, but with good research, advice and an English-speaking lawyer, most of these complications can be avoided. If you are planning on buying land. Buying Property In Thailand Buying property in Thailand is an increasingly popular move by foreigners. Whether it is as an investment in a holiday rental home, a place.   Property Purchases in Thailand Property financing for foreigners in Thailand is available. When we buy a property back home, one of the first things that come to our mind is financing. Even for those who have enough funding and liquidity for owning a property.

Technorati Tags: buying a house in thailand, properties for sale in thailand

For the medium term this Island and top 10 holiday destination continues to be a favorite investment centre for major branded hotels and spa resorts. Conrad Hotel and the recently opened Ibis are amongst several being built as this tropical Island continues to grow in popularity. There are also several luxury villa resorts being planned by major property companies, seeing a bright future in the luxury destination market. Popular destinations such as Chaweng, Cheong Mon and Bophut continue to attract vacationers from around the globe, despite the recent political troubles in Thailand.

The current world financial crisis in late 2008 has gives property buyers opportunities as several sellers are forced to reduce price to make a sale in these difficult conditions. There are several options available, both new off-plan and resale properties that now are providing buyers with significant cost advantages. The market now coming up to the high season is quite flat, with bargain properties appearing as sellers discount in order to stimulate interest.

We are seeing discounts by as much as 40% off some resale units where the owner is seeking to quickly release the cash in a property. One specific example of this is a four bedroom newly completed villa in Bang Makham, originally for sale for 25mThai Baht (715k US$), this has been discounted for quick sale at a little over 15m Thai Baht (429k US$).

Developers are realizing that to maintain and promote sales they must offer special discounted prices to offset the strong advances of the Thai Baht against a host of currencies (example: The GBP has fallen from 63 to 51 Thai Baht since September 2008, a drop of almost 20%). Developers and creative marketers are also promoting by adding in some creative financing plans, including sometimes extended payment terms over 3 years. Others are giving longer terms of up to 10 year private finance deals with down payments of 40% - 50% of the full purchase price.

Examples of one specific special promotions is new pricing being introduced by Samui Emerald Condominium at Plai Laem, Koh Samui, where they are actively promoting their first class product through sale of leasehold units, a 44sqm fully furnished unit can be bought for a little over 50,000 GBP (2,640,000 Thai Baht) at the time of writing this article. The foreign buyer in this case would need to set up a Thai company, in order to purchase one of these special units.

Take a look at Koh Samui, Thailand, whilst the market has some interesting opportunities available for the savy investor.

By: John Smalls

Seeking Thailand » Koh Samui, Thailand Plane Skidded Off Runway …

plane4 Koh Samui, Thailand Plane Skidded Off Runway Killing Pilot Injuring 41 Passengers, Israelis Koh Samui, Thailand A pilot was killed and 41 passengers were injured, seven critically, when a commercial aircraft skidded off.

Koh Samui Thailand, The Best Holiday Destination | YIGYIG Thailand

Koh Samui is the third largest island positioned in the Gulf of Thailand. It is one of the most beautiful and most peaceful islands. This exceptionally beautiful island of Samui is located in the heart of Thailand.  

Thailand’s Koh Samui airport to reopen today following crash

Bangkok Airways plans to reopen Koh Samui airport at 13:00 today and has confirmed that th fef e captain involved in yesterday’s ATR crash died.

Koh Samui, Thailand – Plane Skidded Off Runway Killing Pilot …

Koh Samui, Thailand – A pilot was killed and 41 passengers were injured, seven critically, when a commercial aircraft skidded off a runway and crashed into the air traffic control tower at the airport on the popular resort island 

Thailand’s Koh Samui airport reopens following crash

Bangkok Airways has resumed operations at Koh Samui airport, the scene of yesterday’s fatal crash of an ATR 72. The first flight today departed from…   

Technorati Tags: koh samui, koh samui thailand, thailand

Each year when we complete our tax return we often hope that the IRS will work with our form and discover that we have over paid and are due an IRS refund. Many people eagerly anticipate their IRS refund as it is enough for them to pay of a credit card bill or other debt. Others buy something such as furniture or they take a vacation with their refund. It really depends on how much money you end up getting back.

It is very important to be honest when it comes to filing your taxes, althought the temptation may be large to adjust small items on your form. It really is not worth the trouble and trauma of an audit. You may want to be able to get a huge chunk of money back but if you  are found to have incorrectly submitted your return you will be paying back that refund plus interest. In addition the IRS can tack on huge penalties and you can even be facing jail time if they can show you outright lied on your taxes in order to get more money out of them.

There are quite a few individuals in our society that feel that the way the IRS does refunds isn’t right. It seems like the middle class continue to struggle to get a very modest refund. While those that barely work are entitled to huge refund checks annually. All they have to do is work a short span of time such as a seasonal job around the holidays and they will be able to get thousands of dollars back on their return. It is often the case that they get refunds for all of their taxes as they are falling below the cut off point, for people who work all year round and do not get a refund this can be frustrating.

The IRS Refund also doesn’t do much for the wealthy. There are many individuals that end up paying more in taxes than the majority of the population earn in a year! However the rich are just as obliged to pay these taxes and it does all go towards stabilising the economy and providing the public services that we all use and depend on.

In order to get the most IRS refund that you are entitled to you need to do your part. Research your return well and you may find deductions you were not aware you were entitled to. Make sure you keep track of all the deductions that you are able to take such as donations and expenses for college. Those small amounts can place you in a lower tax bracket which will also increase the amount of your refund.

IRS refunds averaging $2705  

IRS refunds averaging $2705.   

IRS Gives Illegal Aliens Billions In Refunds

IRS Gives Illegal Aliens Billions In Refunds. The Internal Revenue Service has allowed more than one million foreigners—many in the U.S. illegally.

Work by Randolph tax center volunteers

Work by Randolph tax center volunteers means millions in IRS refunds to Airmen, families.

Technorati Tags: IRS refunds, tax rebates