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Can I obtain a car loan in Thailand with a retirement visa and overseas income?

Retirement VisaCar LoansForeigners in ThailandVisa RegulationsBanking in ThailandIncome Proof
Aug 20, 2020
4 years ago
Kuan ******
ORIGINAL POSTER
Hi

Can I check if a retirement visa will allow me to get a car loan ? I have regular income overseas.

Thanks
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TLDR : Answer Summary
The post addresses whether a retirement visa allows obtaining a car loan in Thailand for foreigners with overseas income. Comments suggest that having regular income transferred to a Thai bank account can improve chances of getting a loan. Some users also mention the necessity of a Thai co-signer or even a work permit. Many agree that while it is possible to secure a loan, the conditions and requirements may vary by bank.
NON-O RETIREMENT VISA RESOURCES / SERVICES
  • Go to the Retirement Visa Section for information on requirements, including age restrictions, financial requirements, and necessary documentation.
  • For immediate assistance, contact Thai Visa Centre directly via LINE at @ThaiVisaCentre or Email them.
  • Explore recent discussions by using the Non-O Retirement Visa tag in the search box at the top of the page.
  • Join the Thai Visa Advice Facebook Group to ask your questions, and get advice from others.
Kuan ******
ORIGINAL POSTER
Thank you everybody

I Guess it’s like the bank account opening .. it varies from bank to bank .. 👍👍
4 years ago
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Gary *******
I had 2 loans with a thai co signer,you might need a yellow book.
4 years ago
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Robert ********
Yes you can. The down payment is higher though. I did! Go to Toyota dealership and talk to someone in sales.
4 years ago
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Kamonwan **************
Following
4 years ago
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Wayne ********
doubt it they very rarely loan to foreigners or will want thai guarantors
4 years ago
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Frank ******
Questions legit always devolve to shouting matches, people have just too much time on their hands!
4 years ago
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Frankie ********
Wow! Kuan question deteriorated in the comment section.
4 years ago
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Sean ******
As long as u have proof of cash flow with steady income ull prolly be able to get a loan
4 years ago
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John *********
Retired visa should be no problem. The car dealer can help with a loan.
4 years ago
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Michael ********
A guarantor of do you own property as collateral in your name
4 years ago
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Jane ***********
Jeez. Why would anyone want to get a car loan?
4 years ago
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DjNoi *****
@Jane **********
 . I have car with Chaffeur.

Its called Grab !
4 years ago
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Jane ***********
Mark Price Forrest? Whaat? You've clearly been in whatever remote province you live in way too long.
4 years ago
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Jane ***********
Mark Price LOL .. unfortunately you don't get to tell me what to do.
4 years ago
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Richard ******
@Jane **********
 ting tong
4 years ago
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Jane ***********
Mark Price nice. What a charming man you are.
4 years ago
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Rob ********
Mark Price I think it’s an American thing 😊👍
4 years ago
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Jane ***********
@Rob *******
 yeah. But that doesn’t make it necessarily financially prudent. Americans are obsessed with cars.
4 years ago
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Jane ***********
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Rob ********
@Jane **********
 jeez you’re helpful!! I don’t know maybe some people don’t have a million bhat or so spare and need a new family car.
4 years ago
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Jane ***********
@Rob *******
 Maybe save up, buy a cheap but safe and 'loan free' car. That's an option.
4 years ago
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Rob ********
@Jane **********
 oh thanks for the advice mum I have only been living in Thailand 6 years with my Thai wife , daughter , step son with 2 cars and 2 motorbikes. All paid for apart from the big family car . Why wouldn’t you get a car loan with next to nothing interest.
4 years ago
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Jane ***********
@Rob *******
 Where can you get such a deal, do tell. Thanks 'Dad'.
4 years ago
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Daniel *********
@Jane **********
 Honda and Toyota
4 years ago
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Jane ***********
@Nicedan *****
 agree. What great used cars to buy. Why would you buy a new one?
4 years ago
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Daniel *********
@Jane **********
 I would buy Honda or Toyota only best resale value that’s why I got Toyota Truck
4 years ago
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Jane ***********
@Nicedan *****
 I still think I’d research and employ someone to find me a great used car over new due to the depreciation on new cars.
4 years ago
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Daniel *********
@Jane **********
 I didn’t care I wanted it 1.2 million it’s gorgeous Black
4 years ago
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Jane ***********
@Nicedan *****
 yeah .. there you go. Fair enough!
4 years ago
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Jane ***********
Yeah. I guess that’s Thailand for you. I can see that
4 years ago
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Daniel *********
@Jane **********
 it would have to be Farang owned to buy car or truck , Unfortunately Thais don’t do maintenance, I just bought a Toyota Rocco , Same interior as Fortuner , I just wanted it , its Beautiful, 😂
4 years ago
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Jane ***********
p.s. I've been living in Thailand (albeit not full time) for 10 years. Ya boo, sucks. What is wrong with you?
4 years ago
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Jane ***********
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Jane ***********
@Rob *******
 have you looked into the economics of car loans? Jeez.
4 years ago
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Jane ***********
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Daniel *********
@Jane **********
 “ 0” % Loans 🙄 Duhhh
4 years ago
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Jane ***********
@Nicedan *****
 What?
4 years ago
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Daniel *********
@Jane **********
 Sorry
4 years ago
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Jane ***********
@Nicedan *****
 yeah but 0% loans are never really 0% are they, let's be honest!
4 years ago
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Jane ***********
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Elisa *******
You need a Thai cosigner
4 years ago
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Steve *********
Think they expect farang to have their own money
4 years ago
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Paul ********
You need a work permit or you will not get one
4 years ago
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Steve *******
@Paul *******
 Not true
4 years ago
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Steve *******
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Rob ********
I was under the impression that you will need a Thai work permit to get a loan , if you have Thai wife you can put it her name . That’s what I did
4 years ago
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Helena ********
Please #admin kick out troll
4 years ago
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Richard ******
@Rob *******
 idiot
4 years ago
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Helena ********
@Richard *****
 tired of frustrated trolls like you
4 years ago
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Rob ********
@Richard *****
 thanks a lot
4 years ago
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Richard ******
@Rob *******
 my pleasure
4 years ago
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Rob ********
@Richard *****
 so why I’m I an idiot
4 years ago
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Richard ******
@Rob *******
 you should feel honoured i call most people much worse
4 years ago
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Rob ********
@Richard *****
 ah a keyboard warrior calling people names with no reason .
4 years ago
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Richard ******
@Rob *******
 always a reason
4 years ago
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Nigel ******
@Richard *****
 the man is asking for an advise. This page exist for that reason after all. If you can’t offer any help, best to zip it and mind your own business.
4 years ago
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Richard ******
@Nigel *****
 my advise is honest true and straightforward if you dont like it sod off
4 years ago
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Nigel ******
@Richard *****
 which part of it was the advise bit? Whatever the case is, calling someone an idiot doesn’t justify logic. I wish you peace ✌️ see ya.
4 years ago
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Richard ******
@Nigel *****
 no sense of humour cheer up loser
4 years ago
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Nigel ******
@Richard *****
 oh no, I wouldn’t wanna compare us. I’d say I’m winning.
4 years ago
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Richard ******
@Nigel *****
 fantastic attitude crsck on
4 years ago
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Rob ********
@Richard *****
 obviously not otherwise you would have given the reason.
4 years ago
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Rob ********
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Paul ********
@Rob *******
 but she will have to prove she can pay it also it would need to be in her name
4 years ago
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Rob ********
@Paul *******
 yes that’s correct , she showed monthly income into her bank from myself
4 years ago
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Rob ********
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Martin *******
sure, they make an exception for you.
4 years ago
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Bobby ********
Does your overseas income transfer into your Thai back account? I think if you can show regular income into your account you may qualify.
4 years ago
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Paul ********
@Bobby *******
 he wont
4 years ago
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Paul ********
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