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Can I buy a condo in Bangkok without a Thai bank account while on a DTV visa?

Jun 10, 2025
2 days ago
Toon *********
ORIGINAL POSTER
Thinking about buying a condo in Bangkok, but as I understand it, it's best to have a thai bank account for the money to pass through. However, I was planning to get a DTV (since I'm too young for a retirement visa) and with the latest changes I understand this prohibits you from getting a bank account (or is not easy anyway). How would I make this work? Is my only option a different visa (which requires more investment)? Or is there some way that if you're planning to buy a condo, you can get a bank account for that purpose?
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TLDR : Answer Summary
You can buy a condo in Bangkok without a Thai bank account. It's advisable to transfer funds from your overseas bank account, as purchasing requires international funds to avoid additional taxes. Although initially challenging to open a bank account with a DTV visa, post-purchase, it becomes easier. Some have succeeded in opening accounts through agents with proper documentation to assist in buying a condo.
DTV VISA RESOURCES / SERVICES
Stephen ********
I would check Bangkok Bank. While a bank account on anything other than a long term is difficult, I think that owning/buying a condo meets the criteria on a short term visa.
Jesper *******
You don't need a long term visa to buy condo....many ppl with tourist visa have bought condos anyway u need a agent to assist you in your purchase they have a way round to open a bank acct with cert in deposit and option to purchase find reputable hosing agents
Rok ********
The foreign quota condo must be bought by funds from abroad so you are in luck.
Garnett *****************
Don’t you have to be a Thai citizen to own real property in Thailand?
Andi ***********
@Garnett ****************
No, many foreigners buy condos.
Gerald ********
@Garnett ****************
I think you can buy a condo as your not owning the land like if you bought a house .
Joy *****
U need to transfer from overseas to buy a condo in thailand,if not u will need to pay for FET if u buying with thai baht ,after u purchase a condo u can go open a bank account with ur condo snp etc
Brandon ************
You don't have to have a bank account to buy a condo, you can transfer the money directly from your home bank account. In fact it can make it easier in some cases, because you're only allowed to buy a condo with money transferred internationally, and that's obvious if you transfer it directly from overseas.
Toon *********
ORIGINAL POSTER
@Brandon ***********
the reason i assumed it's best to have your own account is because of the foreign exchange transaction form from the receiving bank that you apparently need to prove stuff later down the line (when selling for example i think?). It just seems that when it's your own account that's one less variable out of your control?
Kool *******
@Toon ********
use an attorney for the condo purchases, and for the due diligence that should be done before the purchase. They can also help you get the Thai bank account. The FET becomes important if you sell the condo, and want to transfer that money out of Thailand in the future.
Leong ***********
@Toon ********
, you need to specify your name and purpose in the comments field of your transfer- that’s how the FET gets recorded.
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