It's as if they'd put a chimpanzee in the Economics Department.
We'll inevitably see a drop in condominium purchases and foreign real estate investment in Thailand over the next few years.
Who's going to buy a condo in a country that requires you to transfer funds to who knows where without having access to a bank account, unless you're over 50, or marry a local, or are rich??? I'll confirm you n November.
I transferred from Wise 1,000 euros 4 days ago, despite having the account frozen. They went into the Thai account, and the app marks the sum as the total balance in THB. Some resident friends confirm the total refund of the account before closing it within a week to a month at most. So I'm not worried about getting that money back; it's confirmed that it will come back to me. My concern is the irreversible closure of the account, due to the expenses involved in having a domiciled condominium and now without a bank account?
I'm in the same situation, I won't be arriving until November. I also see my balance in the app, but it won't let me make transfers. I'm sure your app is also crashing and frozen. Try making an international transfer from your bangkok bank to your European bank. I was able to do so in May, but now it shows an error, but the app works perfectly visually. Do you know of any cases with a tourist visa and property that maintain his bank account?
Do you know if there is an exception and if it will be possible to unfreeze bank account this November if you own a property with a tourist visa or DTV?