European retirees have turned to Thai property as an area for a second home owing to the levels of affordability and convenience that now exist in the market. One of the main reasons behind the rise in popularity of this area for overseas property investors is a new "retirement visa" that has been introduced to foreigners over the age of 50, even if they are still working in their home country. George...
Retirement Housing
The Canada Mortgage and Housing Corporation (CMHC) has reported that people moving into British Columbia (BC) from abroad and from other provinces has increased demand for property in the region. Carol Frketich, BC regional economist for the CMHC, said that between 1998 and 2002, the Canadian property market experienced a slowdown in construction as around 57,000 people moved out of the BC area. From 2003...