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Answered2 years ago

What do I need to know about getting an Education Visa in Thailand and renting a condo without a Thai credit report?

Bigd **********
asked Jul 4, 2024
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Want to get Education Visa, and rent condo. I understand my credit report does not get pulled for visa and renting, but what about when I open a Thai bank account? Or can I pay rent another way not Thai bank account? TIA
Answer summary
When looking to secure an Education Visa and rent a condo in Thailand, your foreign credit report will not impact the process. Landlords typically require a security deposit, but they often do not check international credit scores. Renting can be done using cash or a Thai bank account, although having a bank account is recommended for convenience. Regarding banking, as a US citizen, you might need to provide your Social Security number, but Thai banks do not pull your credit report. Overall, cash is commonly accepted for rent payments, and credit scores are not a significant concern for foreigners in Thailand.
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John *********
John *********
Credit report? Ain’t no such thing for foreigners in Thailand.
Gerald ******
Gerald ******
What about, good old cash.
Samuel ******
Samuel ******
If you open a bank account in Thailand as a United States citizen you will have to give them your social security number. They don't run your credit but they do inform the internal revenue service that you have a foreign bank account.
Wayne ********
Wayne ********
@Samuel *****
that’s not entirely true just went through that this year when you file your income tax in the United States you have to list any foreign bank accounts you have it’s up to the account holder, not the bank to report it to the IRS 
Samuel ******
Samuel ******
@Wayne *******
then why does bangkok bank want my social security number?
Mike *********
Mike *********
@Wayne *******
I had to sign a US IRS form stating just that with both Krungthai and Bangkok Bank. They both send those reports back to the USA.
Wayne ********
Wayne ********
@Samuel *****
I have no idea my account is also with Bangkok Bank and I don’t remember giving them my Social Security number. However, I did file a foreign bank account report. (FBAR) you file with the Financial Crimes Enforcement Network, form 114.
Terary **********
Terary **********
US Credit reports are unheard of in Thailand.

Also cash is king. For paying rent you are better off using a bank account but it's not necessary.
Jeffrey **********
Jeffrey **********
@Terary *********
Not correct

they do have credit scores here as most countries. Needed when getting a loan for a home or car
Terary **********
Terary **********
@Jeffrey *********
Corrected - thank you
Jack ****************
Jack ****************
Don't sweat it man. Nobody uses that here.
Bigd **********
Bigd **********
OP
Us *****
Us *****
No one cares about your credit report in Thailand. Not to brag but mine is around 830 and no one gives a d*mn. Relax.
Frank **********
Frank **********
John ********
John ********
You recently mentioned something about declaring bankruptcy in the US and getting a visa. So are you asking if your US credit report is pulled in Thailand?
Bigd **********
Bigd **********
OP
Robert *****
Robert *****
@Bigd *********
It’s not.
Brandon ************
Brandon ************
You're a foreigner. You won't have a credit score.

Anything you want like a condo will require a security deposit.
Graham ******
Graham ******
That's between you and your landlord

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