Pattaya Condo


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Lifestyle & Events (51)

Real estate, Thailand, the Philippines and high-yield bonds are well-performing strong investments

If you are looking to invest, you might be wondering what are the top performing funds? We can answer that. Using data from research firm Lipper, we list the best funds available in Hong Kong, ranked by returns net of fees, over the 12 months to February.

The findings can be summed up thus: real estate, Thailand, Philippines and high-yield bonds have all performed well, but gold has been a disaster.

Suvarnabhumi International Airport to Expand

The Tourism Council of Thailand is calling on the government to help improve the country’s tourism management while the industry continues to grow fast. The country’s main international airport has the capacity of accommodating 45 million passengers per year. Now it is handling over 51 million passengers.

When Suvarnabhumi Airport opened six years ago, it was heralded as a futuristic model for the region. Today, passenger volume has soared far beyond the airport’s capacity of 45 million travellers annually. To ensure that the airport is not extremely congested, the second phase of the airport will be further constructed following delays.

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This latest property development, due to be completed one-year from this month (May 2014) consists of five, eight-storey condominiums buildings surrounding the largest swimming pool in Pattaya and Jomtien, and is already 90% sold out!

Since the start of construction Atlantis has made rapid progress reaching the 8th floor within just a few months, as local agents and buyers have been amazed with the speed of construction. Work has now begun on the internal walls. Next month work on the bathrooms tiles will begin.

Saturday, 04 May 2013 22:25

How to Buy Property in Thailand

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One of only limited ways to buy property in Thailand is to set up a company in Thailand and then purchase the property. So, how is this done and what are the costs, issues and hassles involved ?

One way to buy land in Thailand is to become the principal investor in a Thai export orientated business that is Board of Investment approves. This allows you to own up to 1600m2 of land. You can also own the same amount of land with investment of 40m baht for a minimum number of years or obtain Thai Residency.

Thursday, 02 May 2013 19:33

Pattaya’s Festivals and Events

Pattaya’s Festivals and Events

Chinese New Year (varies from late January to early February) is celebrated by Pattaya's large Thai-Chinese community with dragon parades, lion dances and fireworks.

Burapa Pattaya Bike Week is Thailand's, and one of Southeast Asia's, biggest motorcycle event held in Pattaya each February, drawing motorcycle enthusiast from all over Southeast Asia and further abroad. The 2010 event was held over two days with local and international live music acts.

Want to be a Permanent Resident in Thailand?

Joe Lizzerd shows you how to legally become a permanent resident in Thailand, with all the rights, privileges and advantages.

An expat is able to apply for permanent residency status in Thailand. There are currently non-immigrant visas which are issued for a year at a time and which allow the holder to stay in the country but these need to be renewed annually.Those who are able to obtain permanent residency status need not apply for extensions to their stay, but if they will need to leave the country at any time they should have a re-entry permit. When the applicant obtains this status they are issued with the permanent residency documentation and an alien registration book. This is the equivalent of the Thai ID card.

 Thailand to Change from Left to Right Hand Driving

The Thai government is proposing a change from driving on the left side of the road to driving on the right side of the road, the department of public roads has announced. The proposal will be send to parliament in June and the law will take affect on 1 January 2014, with the turning of the year.

According to Tongchai Matchamonton, spokesman for the department, the change is being proposed to better prepare for ASEAN community and meant to strengthen the economy. “Most of the ASEAN member states already drive on the left hand side and with more open trade between the countries this will make transports and logistics more easy, especially with the neighboring countries Myanmar, Laos and Cambodia.

Thailand Makes UNDPs List of 'high achievers' in East Asia

The UNDP 2013 "Human Development Report" explaining Thailand’s receipt of the High Achievers award, attributes their achievements to strong national commitments to better public health and education services, innovative poverty eradication programmes and strategic engagement with the world economy.

The report notes that Thailand's success holds lessons for less developed economies, especially in Sub-Saharan Africa. Countries endowed with arable land can continue to create stable jobs in agriculture, which occurred in Thailand, whose employment pattern of the 1960s is comparable to that of many Sub-Saharan African countries today.

Sunday, 07 April 2013 07:52

The Reasons of Expats Moved to Thailand

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Determining exact figures for the expat population in Thailand is not easy. Most figures are estimates, but there are certainly hundreds of thousands who are living legally in the country. These are from all over Asia, Europe and the US. There are few resources which represent an official census in Thailand so it is hard to keep track of the population.

Bangkok is one of the most popular areas for expats, mainly because there are plenty of work opportunities. The city has a great deal going on for expats and the cost of living is very low there. Other areas of the country such as Chiang Mai, Pattaya and Phuket also have many expats living there. However, it is not only the busy areas which are attractive to expats.

Thursday, 28 March 2013 10:51

Purchasing Property in Pattaya to Rent

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The upward swing in tourism, rising property prices and the upcoming ASEAN Purchasing property for rental income is a popular option among expats in Thailand. This is mainly due to the relatively low property prices that can give a good return on investment.

Areas that are popular for this include the cities of Chiang Mai, Bangkok and tourist areas such as Pattaya and Phuket. Those that are located in tourist areas tend to be short term lets, while those in the cities are aimed at longer term tenants.

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