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CONDOMINIUMS
Purchasing a condominium is the easiest way to own property in Thailand a you can purchase in your own name without having the hassle of nominees.
Foreigners are permitted under Thai law to own up to 49% of the units is any condominium block.
You will also have to prove that the money for the purchase arrived from abroad as a foreign currency to Thai Baht.
You cannot buy a condo without a Tor Tor 3 form, so when transferring money for the purpose of purchasing a condominium in Thailand ensure that the transferring bank does not convert to Baht prior to the transfer. When you have chosen your preferred Condo, obtained your Tor Tor 3 form you can then go ahead with your purchase.
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