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Wednesday, May 8, 2024

Top 5 foreign nationalities buying condos in Thailand in 2022

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Chinese nationals bought the most condos out of any foreign nationality in Thailand this year despite the difficulties posed by Beijing’s strict Covid-19 restrictions, which are finally easing up after three years.

In Thailand, foreigners are permitted to own 49% of the units in any condominium building. The remaining 51% must have Thai ownership.

Although fewer Chinese bought condos in Thailand this year than in previous years, Chinese owners are still dominating the foreign condo market, accounting for…

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