Dan SG Posted July 2, 2024 Posted July 2, 2024 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 Posted July 4, 2024 Posted July 4, 2024 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. 1
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