bauhaus Posted October 15, 2009 Share Posted October 15, 2009 Hello to everybody. I hope I am posting this in the right section! We have bought a villa in Koh Samui which will be completed soon. Hoping to rent it although we understand the rental market is quite depressed at present. It would make sense to have a bank account in THB, where to deposit money and from where to withdraw money to pay ongoing expenses. Is it possible for non-Thai nationals not residing in Thailand to open a Bank Account in the country? Link to comment Share on other sites More sharing options...
britmaveric Posted October 15, 2009 Share Posted October 15, 2009 Yes - just go to a bank with your passport. Kasikorn is most friendly. Only issue a savings account though. Link to comment Share on other sites More sharing options...
Lite Beer Posted October 16, 2009 Share Posted October 16, 2009 Moved to banking. Have a look here. http://www.thaivisa.com/forum/Opening-Bank...nd-t260738.html Link to comment Share on other sites More sharing options...
bauhaus Posted October 16, 2009 Author Share Posted October 16, 2009 Thanks guys. Sorry for posting in the wrong section! Link to comment Share on other sites More sharing options...
Arkady Posted October 17, 2009 Share Posted October 17, 2009 It's legal to have a bank account but illegal to own the villa! Link to comment Share on other sites More sharing options...
chiang mai Posted October 17, 2009 Share Posted October 17, 2009 It's legal to have a bank account but illegal to own the villa! Don't scare the man, it's legal to own the bank account and the villa but not the land. Link to comment Share on other sites More sharing options...
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