If you have sold a Condo in Thailand & wish to buy a house or other property other than another Condo do the same rules apply regarding foreign currency exchange?

 

Would I need to convert my Thai Baht back into another foreign currency & then re exchange it again to buy or lease the other property or does this only apply to Condo Law?

 

Thanks in anticipation......................

You can buy other than a condo. Anything else is held by a company, wife etc, and no need for foreign exchange certificate.

The money obtained from the sales of your condo can be gifted to the locals every which way you want, without needing to send them out of the country and back.

 

Once gifted, the money would no longer be yours.