The Thai government recently announced that land ownership by foreigners will be allowed, subject to size and the amount of investment. This new act aims to boost the Thailand economy by attracting spenders from overseas. When it comes to condo purchases, there are fewer restrictions. Developers often sell off-plan, and purchasers can freely transfer the right to buy a condo unit while it is under construction.

As the favorite tourist destination in the world, Bangkok consistently outranks Paris and London in Mastercard's Global Destination Cities Index. In addition to tourism, Thailand is also one of the world's biggest exporters of electronics and vehicles. The country is expected to post a GDP growth of 3.2% in 2022 and 4.5% in 2023, according to Fitch Rating's analyst.