Many purchasers of Phuket property don’t always buy off the plan directly from the developer but may purchase from a private seller, who either owns the property in their own name, or, by owning all the shares in a private company (often an offshore company registered in the British Virgin Islands BVI) which owns the [...]

Source:Buying Phuket Property Privately

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Thailand is one of those countries which tends to be misunderstood, due in the main to a lack of real promotion by the authorities. While there was a coup in 2006 and some confusion and concern after the operation, the situation seems to have calmed down. The military generals are in contact with the likes of the US, with many people confident that “normal” life can soon be restored to the country.

Over the last few years Thailand has been the most popular destination for tourists to the Far East, with many visitors returning to make the country their permanent base. Many have been attracted by the relatively cheap property, low cost of living as well as the potential for the future. he locals have always welcomed foreign visitors which has reflected well on the country as a whole.

The property market obviously suffered from the backlash of the 2006 coup, however for many this has offered the opportunity to pick up some prime property at very reasonable prices.

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