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News Forum - Russians own 40% of foreign-owned condos in Phuket


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Thailand’s Real Estate Information Centre (REIC) reported that Russian citizens own nearly 40% of foreign-owned condominiums in Phuket, worth a collective 880 million baht (US$25). In Phuket, Russians have overtaken the Chinese as the No.1 condo buyer. Since Russia invaded Ukraine on February 24 last year, Thailand has become a refuge for Russian citizens, as …

The story Russians own 40% of foreign-owned condos in Phuket as seen on Thaiger News.

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No point in complaining and grumbling. Everything has a price to pay. Phuket needs foreign investment and there is a price to pay for it also....There is no such thing as "free lunch" in this world

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