The Estate (Thailand) Co., Ltd. by MQDC and KogoPAY Group, a Thai fintech company headquartered in the UK and Europe, has signed a Memorandum of Understanding (MoU) aimed at expanding its market to over 1 million Thai customers living abroad, including those in the UK, Germany, France, Switzerland, the Gulf Cooperation Council (GCC), and other European countries.

Dr. Narisa Chuewidul-Ora, CEO and founder of KogoPAY, stated that to facilitate Thais living abroad in purchasing real estate in Thailand more conveniently, quickly, and cost-effectively, they have partnered with The Estate Co., Ltd., which provides comprehensive consulting, sales, and rental services for real estate investments. Together, they have launched the "Invite Thais Back Home" project to expand their market and increase opportunities for Thai customers residing in the UK and EU to access real estate in Thailand, especially for those looking to retire in Thailand by saving through investments in real estate projects.

KogoPAY will collaborate with MQDC to provide convenient, fast, and cost-effective money transfer and financial transaction services for MQDC customers in the UK, Europe, and the Middle East in the future. Additionally, KogoPAY will participate in marketing efforts for various MQDC projects.

Dr. Netrnaphit Sukbang-Naidu, Chairman of The Estate (Thailand) Co., Ltd., mentioned that this collaboration will help address the challenges faced by Thai customers wishing to purchase real estate in Thailand, making transactions with the company more seamless. They will also jointly develop promotional projects to facilitate access for Thai customers to real estate in Thailand, stimulating the overall economy in Thailand. Given the trends among customers abroad and the rising cost of living, as well as financial volatility in Europe, many Thais living abroad are seeking investment opportunities for their retirement through ownership or rental investments in permanent residences. The real estate business in Thailand still has many attractive advantages, including strengths in tourism, cultural heritage, favorable locations, climate, cost of living, food, safety, and globally recognized healthcare services, all of which attract Thai customers and their families abroad to consider returning to invest and reside in Thailand more.