What a foreign buyer actually has to check before signing in Thailand

Start with the quota

A condominium building may sell up to 49% of its total saleable area to foreign owners. Before anything else, ask the juristic person in writing how much of that quota is left today, and get the answer on paper.

The remittance evidence

Funds must arrive from abroad in foreign currency and be converted in Thailand. The receiving bank issues a Foreign Exchange Transaction form. Without it the Land Department will not register a foreign freehold transfer.

Who confirms what

• The juristic person confirms the quota and outstanding common fees.
• Your lawyer confirms the title and any encumbrance.
• Your bank confirms the FET form.
• We coordinate all three and keep the paperwork.