1)Can foreigners buy condominium units in Thailand?
2) Does it bring them any benefit?
3) do they need to be on any specific visa to be able to buy condominium units ?
4) And in general would you advise for or against buying one in thailand? Why?
Answer summary
Foreigners can buy condominium units in Thailand without needing a specific visa, which provides benefits such as easier banking and potential rental income. However, opinions on whether to buy or rent vary widely, with some advising against purchasing due to concerns over property value appreciation and maintenance issues.
13 repliesnewest first
13
Click comment and we will ask for your email, then OTP, then name.
Alan ********
IF I CANT OWN A BANK ACVOUNT..SECURELY..& OR HAVE IT BLOCKED
.IT SHOWS ME IT IS TOO MUCH OF A RED LIGHT FOR INVESTING THERE..
you can have bankaccount if you live in thailand and have longstanding visum. Banks do not want to open bankaccount for people who live here short time
Just be careful and make sure to view the property prior to making any down payment in person!!
All my friends in Thailand recommended that I should just rent so I wouldn’t have to worry about maintaining the place especially there tends to be issues with termites and other bugs!