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Buying Condo In Chiang Rai

mikekim1219
in Chiang Rai

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Here is the situation. II am having my friend transfer fund from China to my bank account in Chiang Rai for purpose of purchasing a condo. First I will have the fund sitting in the bank 60 days so I can apply for retirement visa. After I get my visa, I plan to purchase a condo using this fund.

Is this legal? Can I still use the fund to buy the condo even thought it was sent by somebody other than myself?

Any advice will be greatly appreciated.

Thanks in advance

Yes ,as far as i know .As long as its in your a/c in Thailand and came in from abroad for purpose of condo purchase .

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