Thailand Move Up in Ranking for Global Business Attractiveness

Despite recent political turmoil, Thailand has made great strives in attracting global business investors. The country has a skilled workforce, strong supply chain, dependable infrastructure, and enjoys strong investment support. The Doing Business 2009 study by the World Bank and International Finance Corp. ranked Thailand 13th in "ease of doing business," up from 19th in 2008. (Singapore was ranked #1; the U.S., #3.) The study cites the ease of paying taxes in Thailand, starting a business, trading across borders, and registering property. Thailand also was credited with its efforts to protect investors, improve bankruptcy procedures, and strengthen the legal rights of creditors and borrowers. U.S. investors will benefit from English being the second language. NAR maintains three organizational alliances in Thailand for REALTORS® seeking cooperative business development.