Thailand will open up a 2-year window for foreign buyers looking to purchase a property in Thailand to obtain its Easy Access Visa for free or at a discount. The Thai government approved the new package in early November. Foreign buyers who purchase one or several condominium units worth at least THB 10 million will [...]
In a bid to draw foreign tourists, Thailand has approved a new Special Tourist Visa. This Special Tourist Visa will allow foreigners to stay in Thailand for 90 days and to extend the visa twice at a cost of 2,000 baht each time. This Special Tourist Visa will become available from October 2020 to September [...]
Thailand is planning to reopen its borders to long term foreign visitors by the end of October in a bid to revive its tourism sector and save millions of jobs. According to Thosaporn Sirisumphand, Thailand's secretary of the Center for Economic Situation Administration, a plan is to be submitted to the government for approval and [...]
Thailand is considering an extension of its state of emergency through September 30th 2020 to prevent a resurgence of a second wave of COVID-19 infections. Thailand has gone almost three months without a local infection. The one-month extension, if approved by the cabinet, will be the fifth extension since March. The state of emergency allows [...]
Thailand's economy contracted by 12.2% as compared to a year ago. This GDP contraction is the largest since the Asian Financial Crisis more than two decades ago. The contraction, however, was not as severe as the median estimate of a 13% contraction in a Bloomberg survey of economists. However, the outlook for the Thai economy [...]
Business operators can now bring their foreign visitors into Thailand under Phase 6 of the lockdown easing measures. The Centre for Covid-19 Situation Administration (CSSA) has approved in principle the entry of four groups of foreign nationals and these visitors can resume their visits when local business operators have put in place disease control measures. [...]
There has been a sharp decline in the number of new condominium projects in Bangkok in the second quarter of 2020, according to a Colliers International Thailand survey. The survey said only five projects were launched in the Bangkok area, offering 1,206 condo units worth Bt2.6 billion, 79.5 percent lesser than the 4,674 units in [...]
Thailand has eased a ban on international passenger flights into the country on the 1st of July 2020. It had earlier imposed the ban on the 4th of April. The Civil Aviation Authority of Thailand will permit international passenger flights to operate into Thailand carrying 11 permitted categories of passengers: Thai nationals Persons with an [...]
In light of the COVID-19 situation, the Thai government has cut the tax of land and buildings by 90% for the taxes due in the tax year 2020. This is to relieve the burden on taxpayers. The Thai government would also help local administrative organisations financially as well. These local administrative organisations rely on the [...]
We just received news that The LINE Sathorn by Sansiri is cancelled. We were informed of this by a Sansiri staff member and we are in the midst of contacting all our clients who had purchased The LINE Sathorn from us back in 2017. We were told that Sansiri would refund the monies paid with [...]
