Investment…is it worth entering now?
— Written by Hideki Usui
If the condominium, which had been discounted and sold in Thailand before the problem of corona virus, is further discounted after the problem of corona virus whether the good timing for condo investment. The most important factor is whether the Thai economy will continue to grow ?
If you expect it to grow in the future, it’s a good time to invest. If you think you can’t grow, don’t invest. I personally see that there are many factors behind the growth of the Thai economy, and I think it is a good time for long-term investment.
The main factors that I believe can be expected to grow in Thailand in the future are:
(1) Investment in manufacturing by transferring production from China
SARS in 2002 and SARS 2 (COVID-19) both originated in China, and foreigners are becoming more sensitive to these risks and there is a possibility that diversified investments from China will be made.
(2) Political system and medical system
Thailand is a constitutional monarchy, but with this Corona virus, it was possible to issue a Royal decree at an early stage and strictly control contact with people. In addition, the medical system has outstanding facilities and systems in Southeast Asia, which gives a strong sense of safety to foreigners.
(3) Regulations of the Foreign Business Law
From the perspective of foreigners, there are many global service companies in Thailand that have not entered Thailand because of the foreign business law, and if these regulations are gradually eased by the Thai government, new foreign investment other than manufacturing is likely to be attracted.