Quote:
Originally Posted by shark1963
You have to transfer the money from outside thailand to a bank account in thailand. Remark on the transfer that the sum is transfered for the reason to buy a house,condo .... etc. also their is form you have to use for this declaration. So you can take this money out of thiland again. But i dont know i.e. what it is like you ask say transfer 100k $$ or whatever to buy a house and sold it again for 120k $$. Not sure whats about the difference  the 100 k out is no problem as you have this amount declarated. |
You defitnately have to set up an offshore account.
Depending on your age buying might be more problematic than simply getting a 30 year lease or go freehold. It all depends if you want a house or a condo. There are some nice condo developments going on in that part.
You will have to live at least one month there to get to know the place, meet the professionals you can trust, look at all the options and then make a decision.
Good luck!