363885 Posted February 5, 2006 Share Posted February 5, 2006 I've purchased a condo recently through CB Richards Ellis (over 3m baht, Thai developer, etc.), which, from my understanding, allows me to apply for a "Non-Immigration B" visa for entry, convert to "Non-Immgration IM" visa and apply for 1-year extension to stay. The condo is expected to be completed later this year, and I plan to apply for the visa/extension upon closing. For visa and extention applications, would I need to present the Foreign Exchange Transaction Form (showing the funds I've transferred into the country), or is presenting the Title/Deed sufficient. The reason I'm asking is the following: Through CBRE I've transferred the funds directly to the developer's account. When I transferred the money, CBRE asked that I include "For purchase on a condo" in the wire instruction. CBRE subsequently sent me the "official receipts" from the developer, but I did not receive any Foreign Exchange Transaction Form. Will this be an issue down the road when I do apply for the visa and extension? Thanks for your advise. Link to comment Share on other sites More sharing options...
lopburi3 Posted February 5, 2006 Share Posted February 5, 2006 Evidence of transfer of at least 3 million Baht from abroad into Thailand. The applicant must be either the sender abroad or the recipient in Thailand of the investment. For investment type extension you really need to talk with immigration to be sure that all conditions are being met. Not all purchases will qualify so this should be done in the planning stage. Link to comment Share on other sites More sharing options...
Sunbelt Asia Posted February 5, 2006 Share Posted February 5, 2006 I've purchased a condo recently through CB Richards Ellis (over 3m baht, Thai developer, etc.), which, from my understanding, allows me to apply for a "Non-Immigration B" visa for entry, convert to "Non-Immgration IM" visa and apply for 1-year extension to stay. The condo is expected to be completed later this year, and I plan to apply for the visa/extension upon closing.For visa and extention applications, would I need to present the Foreign Exchange Transaction Form (showing the funds I've transferred into the country), or is presenting the Title/Deed sufficient. The reason I'm asking is the following: Through CBRE I've transferred the funds directly to the developer's account. When I transferred the money, CBRE asked that I include "For purchase on a condo" in the wire instruction. CBRE subsequently sent me the "official receipts" from the developer, but I did not receive any Foreign Exchange Transaction Form. Will this be an issue down the road when I do apply for the visa and extension? Thanks for your advise. Ask CBRE for the Foreign Exchange Cert. They will obtain it from the Developer and you will need this for the Extension of Stay based on Investment. www.lawyer.th.com Link to comment Share on other sites More sharing options...
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