Thailand

The Kingdom of Thailand is an independent country lying in the heart of Southeast Asia. Thailand's northern borders meet those of both Laos and Myanmar (Burma). The border with Myanmar continues to the west and then south as far as the Malay Peninsula, much of it is occupied by Thailand. And it is bordered to the east by Laos and Cambodia and to the south by the Gulf of Thailand and Malaysia.

Thailand can best be described as tropical and humid for the majority of the country during most of the year. There are basically three seasons: the cool season from November to February with average temperatures around 25°C, the hot season from March to May with average temperatures around 27°C, although it is not uncommon for it to reach 34°C or 40°C and the rainy season in June to October with temperatures ranging from 24°C to 34°C. 

Thailand is a multicultural society. While the vast majority (approximately 75% of the citizenry) is ethnically Thai, significant minorities of Chinese, Malay, Khmer, Mons, and various hill tribes also reside in Thailand. The interaction of these different populations forms the Thai culture, a complex system of mutual respect and politeness that binds the country's people together.

Thailand is a fast-developing nation, and the largest growth market in Asia. This country became, thanks partly to its leadership position in the ASEAN markets, one of the Asian economic leaders and asserted its economic role within the wider world. Strategically located, this country is a gateway to the rest of the region.

The country’s well-defined investment policies focus on liberalization and encourage free trade. The Thai government has during the last years emphasized on attracting investment. It has developpped sufficient infrastructure and has introduced progressive investment promotion policies. Indeed through the Board of Investment, the government offers a range of tax incentives, support services and import duty concessions available to an extensive list of businesses that are regarded as priority or promoted activities.

Moreover, Thailand's economy and burgeoning tourist industry is creating a myriad of opportunities for the property investor. The real estate sector has shown impressive capital growth maintained over several years, with rental returns consistently high. The big improvement was due to several factors, including low interest rates, strong domestic consumption, limited supply of new quality products and government tax measures to further stimulate the property market.

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