Law firm can obtain Thor Tor 3 without remittance from overseas ?

[thairookie]

I have some funds in Thailand which I intend to use it to purchase a condo.

Well, instead of repatriating the funds overseas and remitting the funds back to Thailand to obtain a FEC or Thor Tor 3, I have come across a law firm in Pattaya who say they can obtain a Thor Tor 3 for me without my having to repatriate the funds to overseas or remit funds from overseas. Of course, I need to pay a fee.

Is this legal ? How is it possible that a Thor Tor 3 can be issued in my name when there is no external remittance of funds ? I mean which bank is prepared to sign a FEC on this basis ?

I remember with my previous transaction, the Thai bank even insisted that the remitting party must be the purchaser of the condo.

[jbaldwin]

Is it legal? Do you seriously need to ask that question? What do you think?

[thairookie]

Is it legal? Do you seriously need to ask that question? What do you think?

I need to ask because it's proposed by a legal firm.

[Delight]

It may well be legal

Suggest that you read post

http://www.thaivisa.com/forum/topic/767944-foreign-exchange-transaction-form-for-buying-a-condo-with-money-from-selling-a-previous-condo/

If it is legal then potentially you can do it yourself

[Langsuan Man]

Some shady money exchange places offer the same service but it is not legal and you are asking for problems. If you can afford to buy a condo, do yourself a favor and do it legally