Traditional Culture Encyclopedia - Hotel accommodation - In Thailand, can China people buy land and build hotels there? How much does it cost to build one in Chiang Rai and Bangkok, at least? (Don't! ...

In Thailand, can China people buy land and build hotels there? How much does it cost to build one in Chiang Rai and Bangkok, at least? (Don't! ...

According to Thai law, foreigners are not allowed to buy land. If you want to buy land, you must use the Thai name, or find a Thai wife to buy land in her name, and then spend some money (compared with investing in hotels) to be an investment immigrant (600,000 RMB in Thailand is enough). The land in Thailand is calculated by RAI. 1 lai = 1.600 m2. The price depends on the location. Chiang Rai is very cheap, 1 Lai is about 30 Wan Tai dollars, or about 60,000 RMB, which is 1600 square meters. A hotel costs about 3 yuan. That is, the land investment is 654.38 million RMB (this can only buy a capsule apartment in Beijing). It is very expensive in Bangkok, with an average of 20,000 baht per square meter (4,000 RMB/square meter). The suburban area also costs 6000 baht (1.200 RMB/m2). Cheaper than China. I think it's better to build a hotel by the sea or in a tourist destination in partnership with Thai people. Thailand is a tourist attraction, so it's good to be a hotel. China people can't be officials in Thailand.