Gaet

Good afternoon,

• Ask what price the developer will mention to land office during the transfer of ownership (most of them make it lower than what you actually paid). Had one client who paid 1,000,000 from a thai bank account (condo was worth 4,066,000 THB), he never had any trouble transferring it under his (foreign) name.

• Another solution: you might transfer that amount again from your home country to your Thai Bank account and ask a FET form (Foreign Exchange Transaction form) from your bank for this transaction. You then show THIS FET for transfer of ownership and that should probably work. Remember, the money MUST come from a bank account abroad, under the buyer's name AND in a foreign currency.

• Some bank also accept to make you a "fake FET" (which is the document you need), but it is not legal and might cost you between 10K and 20K THB per million.

Hope it helps.

Cheers.

You definitely can. 

Only requirements are (if you are a foreigner wishing to purchase the CONDO under your name):

Money coming from a Bank account under your name, in a foreign country AND in a foreign currency.

Quota available (a maximum of 49% of the total living area of the residence can be owned by foreigners).

Hope I helped ????