flying Posted August 7, 2011 Share Posted August 7, 2011 I understand the rule about Thai/Foreigner condo ownership ratio. But in a case where a married couple....one Thai & one Non Thai would have their name on the condos ownership what would it be counted as? Thai or Foreign owned? Thanks Link to comment Share on other sites More sharing options...
trogers Posted August 8, 2011 Share Posted August 8, 2011 50/50 local and foreign owned. Foreigner needs bank documents showing he transferred money for the purchase into Thailand and exchanged by Thai bank. Link to comment Share on other sites More sharing options...
flying Posted August 8, 2011 Author Share Posted August 8, 2011 thanks Trogers...yes understood but, my question is which half of the condo ownership quota is it counted as. Foreign or Thai. Meaning if the foreign ownership is full will it be allowed/counted as Thai owned Link to comment Share on other sites More sharing options...
donx Posted August 8, 2011 Share Posted August 8, 2011 I think I read sometime in the past on this forum that in a situation such as yours that the condo would fall within the foreigner quota. Link to comment Share on other sites More sharing options...
pkrv Posted August 8, 2011 Share Posted August 8, 2011 I think I read sometime in the past on this forum that in a situation such as yours that the condo would fall within the foreigner quota. yes it would Link to comment Share on other sites More sharing options...
flying Posted August 8, 2011 Author Share Posted August 8, 2011 Thanks donx & pkrv that was my guess as well. Link to comment Share on other sites More sharing options...
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