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expat financing
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Hi all, sorry this has probably been talked about a hundred times but I am still struggling trying to get my head around this depositing money into a Thai bank account, so you are one of the lucky ones that gets a bank account within the first few days of arrival, you have to deposit 800000 baht and have it in your account for 2 months before you apply for your year extension, can you bring that amount into the country, plus spending money, or would it be best to use something like wise and transfer the money but what happens if it takes to long to get all the money transferred over so you have all the money in for the 2 mouth dead line remembering you only have a mouth to sort it, sorry again if this angers some people asking this but it is a concern to me and probably a lot of people in the same situation, and please no comments about how easy it was for you when it was years ago and everything was easier, lol
My partner and I live in Australia and are thinking of buying property in Thailand in the near future. Loan of ~1.5 million baht over 15 years.
She’s a Thai national… can standard Thai banks offer her a mortgage based on her Australian income, or is it a more complex process with extra steps or broker involved?