October 4, 20187 yr I am thinking of selling my 7 years old condo. I have three questions to ask. 1. After selling my condo, can I send the money back to my home country. If so, can I send home the original price when I first bought ? Or the present price which will be much higher than the first original price ? 2. Can I use the selling price to buy a new condo, without having to send the money from my home country ? 3. Can I use the money after I sold my condo to put it into a Thai Bank to gain interest ? Your kind advice is much appreciated. Thanking you all in advance.
October 4, 20187 yr A 1 Yes you can repatriate your money -however only if the condo is in a foreigner's name. If it is in a company -then no . . The actual price achieved is the only price that counts The Land office will give you supporting documents to present to your bank. 2 You will have to send out and return. Given that you have the money -then the bank manager may assist you to find a simpler and cheaper method 3 It's your money -do what's best. Thai officials prefer that you keep the money in Thailand. It is up to you what you actually do with it.
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