Chinese from the middle class upward are sending some of their money – and even themselves – to Thailand, particularly as China has been reopening following three difficult years under zero-Covid. Many are hoping to hedge against economic pressures at home, while building their future in an inexpensive Southeast Asian country with growth prospects. The Southeast Asian country saw a surge in popularity among Chinese investors as zero-Covid began relaxing in late 2022 and they were again able to easily travel abroad to invest. Real estate technology firm Juwai IQI says Thailand in December rose to become the No 3 global destination for Chinese property buyers, coinciding with Beijing’s relaxation of zero-Covid controls. The firm logged a 107 per cent jump in Thailand-related enquiries from Chinese buyers between the third and fourth quarters last year. After zero-Covid, Chinese investors wanted to ensure right away that they had a place to live outside China, explained Juwai IQI CEO Kashif Ansari. Read more here: South China Morning Post This article was also quoted in: info.51.ca (CN), Yahoo! News (CN) Do you need expert assistance on real estate investment? Fill out the form below to learn how to get the most out of your investment! [hubspot type=form portal=5699703 id=2380afe3-ad4c-4cfa-9abf-d3947e377bf2]

Singapore is a popular investment destination for wealthy Chinese from the mainland and Hong Kong, but the city-state is too expensive for most cross-border buyers, according to Juwai IQI Group CEO and Co-founder Kashif Ansari. Singapore is the third-most-expensive city in Asia at US$14,373 per square meter (after Hong Kong and Tokyo), according to data from Juwai IQI’s partner Global Property Guide. That is why Thailand, Malaysia, and Vietnam lead the list of top Southeast Asian destinations for Chinese buyers of overseas residential property. Key factors include Thailand’s appealing lifestyle, affordable luxury property prices, beach second home destinations such as Pattaya and Koh Samui, and proximity to China. Thailand is also the top tourist destination for Chinese travelers. Read more: ReTalk Asia Want expert advice in real estate investment? Drop your details below and learn how to get the most out of your investment! [hubspot type=form portal=5699703 id=2380afe3-ad4c-4cfa-9abf-d3947e377bf2]

Thailand has begun accepting applications for a visa scheme this month targeted at courting wealthy foreigners, but analysts are mixed on whether it could prove to be a “big win” in the country’s efforts to stimulate the economy. The Long-term Resident (LTR) visa scheme aims to attract 1 million wealthy or talented foreign nationals to Thailand over the next five years to contribute 1 trillion baht (US$27 billion) to the economy. “This visa will be a big win for Thailand,” said Kashif Ansari, co-founder and CEO of real estate technology firm Juwai IQI Group. “No one will apply for a residence visa anywhere in Asia without first looking at Thailand’s options … We have no doubt Thailand is right for enough applicants to achieve its investment and economic goals.” Eligible applicants for the wealthy global citizens group need to hold US$1 million in assets, an annual income of at least US$80,000 per year and a minimum US$500,000 investment in Thailand. Despite regional neighbours competing to lure high-net-worth individuals as part of their post-Covid economic recovery, Thailand’s visa scheme was “in a class of its own” as it was substantially different from those offered by other countries, Juwai group’s Kashif said. Read more: South China Morning Post With a wealth of property professionals and offices around the globe, IQI can help you for your next investment in Thailand. Leave your details below and we can help you start your investment journey! [hubspot type=form portal=5699703 id=2380afe3-ad4c-4cfa-9abf-d3947e377bf2]