International real estate is not one market, and the buyers who do it well rarely limit themselves to a single region. As CHORD's global portfolio has grown, Thailand has become one of the markets that consistently draws interest from clients looking well beyond the Americas.
Why Thailand
Thailand combines a few things that are hard to find together: a low cost of living relative to Western standards, a deep and mature tourism economy, strong healthcare in its major cities, and a lifestyle that ranges from cosmopolitan Bangkok to quiet coastal communities. For remote workers, retirees, and buyers seeking a long-stay base in Asia, it has been a destination of choice for years.
That maturity matters. Thailand is not an emerging story investors are betting will develop. It is an established market with existing infrastructure, a large expatriate population, and a well-understood property sector.
How Ownership Works
Foreign buyers approach Thailand differently than they might closer to home. Non-citizens can own condominium units outright, subject to building-level limits on foreign ownership, which makes condominiums the most common entry point for international buyers. Land ownership follows different rules and typically involves long-term leasehold or other structures.
Because the framework differs meaningfully from U.S. norms, Thailand is a market where working with knowledgeable local counsel is not optional. The rules are clear, but they reward buyers who understand them before committing.
A Portfolio Perspective
Thailand is not a replacement for Panama or Costa Rica. It serves a different purpose: an Asian foothold, a lifestyle base in a region many buyers already travel to, and diversification into a currency and economy separate from the Americas. CHORD features developments such as Aura in its Thailand portfolio for clients whose interests extend across continents.
For buyers thinking globally rather than about one country, Thailand rounds out a portfolio in a way few other markets can.
CHORD Real Estate offers concierge guidance across its international markets, including Thailand. Ownership structures and tax treatment should always be confirmed with qualified local advisors.
Explore the global portfolio: https://chordrealestate.com/international-developments
International lookbooks: https://chordrealestate.com/International-Lookbooks
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