thailand property law

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Oct 30, 2023
a year ago
Jamie ********
ORIGINAL POSTER
Looking to buy a condo here owned by another foreigner.

Any experts here on whether I need an FET here to complete this as price sub 50k usd.

In theory I guess I can transfer cash and also ownership at land office without FET but letter from bkk bank ? Doubt this is possible tho. Reason for asking is I already have the cash here but didn’t stipulate was for a condo purchase.

Additionally WISE reason for fund transfer states property purchase , it doesn’t have ability to add condo name unit etc so looks like a no go using that method. Plus the fact funds remitted would be in THB and not subject to fx onshore by bkk bank whereby they can take another 1 baht off my remitted amount versus WISE trading at spot fx

Thx for any input 👍
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