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Posted

Hi,

I'm planning to buy a condo in BKK and need some informaton on the following:

1) Any conditions that a foreigner must meet before he/she could buy a condo? For eg, need to have a minimum sum of bank balance etc

2) Annual property tax rate for foreigners

3) Legal fees

4) What are the things that a foreigner need to produce before he/she can open a bank account in Thailand?

Thanks

Posted

I built a house in Phuket and opened three seperate bank a/c's without any visa or proof of money. It is pay in instalments with the first up front with a clause that if you miss a payment you lose it.

For the bank I found SCB to be really on the ball.

As to tax on Condo's, don't know.

Hope that helps a bit.

Posted

This is what you need.

A) The Money

:o Copy of your passport

C) Letter from a Thai bank saying the money came from outside of Thailand for the purchase of a condo.

Thats It!

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