When it comes to investments, Thailand is one ASEAN country that would not get left behind. It boasts of so many plus factors which are often very attractive to investors. If you are planning to make an investment, with a high degree of ROI, then Thailand should be at the top of your list. Still not convinced? Here are five reasons why many foreign investors have been drawn towards this lovely country in Asia.
Thailand is one of the countries that is located right at the heart of Asia. Due to its strategic location, it enjoys ease of trading with other neighboring ASEAN countries. China and India are among those who frequently trade with Thailand. Because of such free-flow in trade and commerce, the economy of this country has grown exponentially, making it an ideal place to invest in.
Unlike other countries where natural resources have become scarce throughout the years, Thailand remains to be one of those who can truly boast of abundant resources. The country is also proud of its skilled workforce, which is touted to be better than other countries. With highly improved networks, communication has certainly progressed, opening better opportunities for both locals and foreigners.
Friendly Foreign Policies
One thing that often deters foreigners from investing in ASEAN countries is an anti-foreign policy. Thailand however did the opposite and embrace foreign direct investments (FDIs). In fact, these FDIs played a huge role in helping Thailand’s economy develop. Such gave both investors and government overwhelming benefits. Today, the country relies heavily on its exports, a result of the country’s friendly policies towards foreign investments.
Backed by Government
Oftentimes, when the government of a certain country refuses to support laudable efforts towards better trading opportunities and relations with foreign countries, the economy can feel the adverse impact. The Thai government has come to fully grasp this, which is why it welcomes foreigners to invest in the country. There are tax incentives available that are being offered by the government through its Board of Investments. As of today, many foreigners are already enjoying these incentives.
Business and Relaxation
It’s quite obvious that one thing which makes Thailand attractive is the host of lovely resorts that are available allowing foreigners to not only do business but also afford themselves of a much-needed relaxation. One of the best spots in Thailand is Koh Samui. There are superbly beautiful Koh Samui properties that you can take a look at, all of which offer a great vacation hub all-year-round. With real estate agents willing to help you find the finest property in Koh Samui, you can be assured of getting a great place that you will look forward coming home to.
Thailand is indeed one of the best places in Asia where you could invest in. Many investors have been hugely drawn towards it. What’s more, they have seen how their money was able to grow in leaps and bounds.