The head of the Thai condominium association told the Thai financial media that she has recommended to the government to give foreigners migrant status if they purchase a condo of 10 million baht or more.
Thansettakij said that meetings have taken place with developers since October 24th after requests were made to give foreigners five year visas for condo purchases of 5 million baht.
The foreign ministry has also been pressed to make residence in the kingdom easier to get like other countries, especially neighboring states. Malaysia is often mentioned in this regard, notes Thaivisa.
The media said somewhat cryptically in their headlines that foreign investors would be getting a new year present.
Though they conceded that the current entry requirements remained a hurdle.
The developers are adamant that selling to foreigners - especially the willing Chinese - is the way to clear the glut of condos in the market.
Ms Apha Attaboonwong said that after the start of the long stay STV visa there was now light at the end of the tunnel.
But she advocated foreigners be given migrant status if they invest 10 million baht.
The media also reported that people like retirees, teachers and professionals could be given long term status for investing 3 million baht though exactly what they meant by this was unclear.
Thaivisa notes that something seems to be brewing to stimulate the flagging property market and increasing stories in the media indicate that more concrete announcements could be imminent.
But for now it is a question of "watch this space".
Source: Thansettakij
Inga kommentarer:
Skicka en kommentar