Thinking about buying property in Thailand? Think again. In this video, I’ll share 10 critical reasons why purchasing a home in Thailand as a foreigner might be one of the worst financial decisions you could make. From strict foreign ownership restrictions to the pitfalls of the resale market, there are countless traps that expats need to avoid.

Here’s what we’ll cover:

1️⃣ Foreign Ownership Restrictions: Why foreigners can only own condos and not land outright.
2️⃣ Lease Limitations: The 30-year leasehold cap and its legal uncertainties.
3️⃣ Legal Complexities: Why marrying for property or setting up a Thai company might not protect you.
4️⃣ Depreciating Property Values: Overdevelopment and market saturation are real problems.
5️⃣ Political and Economic Instability: How sudden policy changes could affect your investment.
6️⃣ Cultural and Legal Disputes: Why the legal system often favors locals in disputes.
7️⃣ High Upfront Costs: Hidden fees and taxes that eat into your budget.
8️⃣ Lack of Resale Options: Why it’s hard to sell your property as a foreigner.
9️⃣ Unregulated Developers: Risks of unfinished or poorly built projects.
🔟 Renting is Better: Flexibility, affordability, and less stress.

Before you make this life-changing decision, watch this video and avoid the pitfalls that have cost many expats their hard-earned savings. Renting might just be the smarter choice!

💬 Share your thoughts in the comments – do you agree or disagree with these points?

#ThailandProperty #ExpatLife #RentOrBuy #ThailandRealEstate #ExpatMistakes

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