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The last decade has seen a massive growth in the number of
people, particularly from the West, investing in property overseas. Some buy
principally as an investment, while others buy a holiday home; and some a
permanent residence, having taken the decision to emigrate.
Over the last twenty years or so, Thailand has firmly
established itself as a favourite holiday destination for tourists from far and
wide. More recent years have seen vast numbers of Asian and Eastern European
tourists join the multitudes from the UK and Western Europe, Australia and the
United States as key contributors to visitor numbers. There have also been
rapidly increasing numbers of foreigners retiring to Thailand, notably to
Pattaya, attracted by the fantastic lifestyle, the wonderful climate and the low
cost of living.