Buying a Condo in Thailand (a guide for foreigners)

Buying a Condo in Thailand

Step 1 is Preparation. If you are planning to live in Thailand, you may wish to buy your own condominium. As with any property purchase, you will need to prepare well before taking the plunge.

Step 2 is to Transfer the Funds. If you are transferring funds into Thailand, choose to work with a bank with a network of international branches for foreign correspondence.

Step 3 is to Get Source of Funds Documentation. When buying a condominium in Thailand, you will need to show the source of the funds by obtaining either a Foreign Exchange Transaction Form or a Confirmation Letter from your bank. This document is presented to the Department of Land when registering ownership.

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