99 Reasons to consider living in the land of smiles! Thailand considering 99 year foreign investment on property.

Thailand’s proposed 99-year lease regulation could be transformative for expats and foreign investors, offering a secure, long-term property investment option in a country where land ownership has been restricted to locals. Currently, foreigners can lease land only for 30 years, but a 99-year lease would provide “lifetime ownership,” granting expats stability and confidence in making Thailand their permanent home or long-term retirement destination. This change would also enhance Thailand’s appeal as an investment hub, attracting more international capital and potentially boosting local economies through job creation, improved infrastructure, and increased property values, particularly in popular expat areas like Bangkok, Chiang Mai, Phuket, and Pattaya. Although increased foreign interest might drive up local property prices, the overall benefit of such a reform could significantly strengthen Thailand’s real estate market and solidify its position as a top destination for retirees, remote workers, and investors looking for a secure, welcoming place to settle or build a legacy.

*Note: This is a government proposal but is not law yet.