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Capital Gains On Property


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My wife is Thai and we want to purchase a piece of property in Thailand. The puchase funds would be coming from outside of Thailand.

I've heard there are controls on taking money out of Thailand and wonder how this would effect our property purchase.

Example: If I buy a property or 4 million baht (with funds from outside of Thailand) and sell it 5 years later for 8 million baht, would I be able to take the whole 8 million baht out of Thailand?

Is there any documentation or structure that I would need to take the 8 million sale amount outside of Thailand?

I'd appreciate any advice.

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