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…