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Can foreigners buy a condo in Thailand?? A popular question that many people wonder.

Today Pattaya Living has the answer.

The answer is that you can buy it. which is usually Most condominium projects in Thailand have a quota for foreigners to purchase condos in the proportion of 49% of the total number of units in the project.

Foreigners who are interested in buying condos Must be subject to conditions and/or Have the qualifications according to Section 19 of the Apartment Act as follows:

1.foreigner who enters Thailand in accordance with the law.

2.foreigner who enters under the investment promotion law.

3.Registered as a juristic person according to Thai law.

However, foreign buyers must transfer money into Thailand in foreign currency only. This means that if they want to buy a condo priced at 4 million baht, foreigners must first transfer foreign currency into Thailand. Then exchange it into baht currency. Then it must be received. Confirmation documents from financial institutions To be used as evidence of payment and transfer of property at the Land Department

How are you? Your doubts are gone, right? Whether foreigners can buy a condo in Thailand

For anyone who has questions Additional questions or if you are interested in consulting about real estate, both first and second hand, you can contact us through various channels.

We have a team of expert Property Consultants ready to give advice. without charge

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