Visa - Count A Condo As An Asset

[wca01]

If one has INHERIT a condo - inheritance confirmed before a court of law in Thailand and registered in the title deed of the condo - will the immigration take this asset from about 500,000 Baht take in count when applying for a visa.

W.C.

[Thetyim]

No

[Phil Clark]

No

I do so enjoy in-depth, detailed and well thought out replies...

On a more serious note though, could the asset generated by the personal purchase of a condo be used as part of the requirement for proven funds as required by certain visas in the eyes of the authorities?

It just happens I was recently asked the question by a friend who may have problems meeting the cash in bank criterion when he needs to renew.

Anyone know?

[Thetyim]

You have asked a question and I have replied

The answer is still no, it must be cash in the bank

[opalhort]

ownership of a condo does not help you in any way regarding visa or WP!

you may own 10 condos and still be denied a visa or visa extension!

money in the bank or income is what counts!

opalhort