Condo sale - Sending money out of Thailand

[Dan SG]

Hi all

 

Another property question.  I have received an offer on a condo I own in Bangkok.  I purchased it 10 years ago and have all the FETs from the purchase.  They were issued by Standard Chartered Bank who no longer have a retail banking presence in Thailand.  I was just wondering if there are any horror stories with trying to remit proceeds (net of all the taxes etc) out of Thailand even if I have the FETs or do you think this should be a relatively painless process if I have all the documentation.  My agent says it's easy and has seen it done loads of times but wondering if there are any horror stories out there.  Thanks !

[Delight]

From what you state the property is in the  foreign allocation.

Given that -then you shall have no legal problems in repatriating the money.

 

The land office will supply you with all necessary documentation. The bank manager of your bank may insist on a bung.