The issue is not just if foreigners can buy there, it is also about the actual ownership of the property. In Bali for example you must make an agreement with a citizen who holds ownership, but you are supposed to have this ‘solid’ contract which prevents your nominee from selling the property. Very dodgy I feel.
Your residency rights are also important here, for example I would never by in Taiwan unles I had PR status.
I have been exploring escapeartist.com a lot but they do not really focus on Asia too much. South America however is covered in detail. Not only can you truly own your property freehold there, they also have special retirement residency packages.
Basically you can retire there at a certain age, obtain residency etc. And ‘all’ you need is an income of US$2000 per month, from a pension plan or whatever. AND when you die your children or relatives can inherit the property, this is not the case in Bali and Thailand.
I have thought about SE ASia, and am looking for info on the net about the siuation there.
Basiccaly I am looking for a country where I can buy a property now, where my parents can retire in about 5 years time, and where I can retire when it is my turn.