Jun 25, 2012
Lending to foreigners buying property in Malaysia and Singapore has long been available so it is good to see some of the Thai banks providing loans in the market again.
Over the last twenty years there have been several periods when loans were accessible to foreigners wishing to buy property in Thailand. Overseas foreign currency loans are now available again for those seeking to buy a place in the Land of Smiles, as long as it is a condominium in a pre-defined location.
It has always been difficult to obtain a residential mortgage loan in Thailand as a foreigner, and what offerings there were seemed to come and go with the winds of political change in the Banking sector and the various overseas financial crises of the last decade.
About the Author:
Jerry Dingley and Tim Whiteley have a combined 50 years of experience as IFA’s advising expatriates & international investors both Onshore UK and Offshore Asia. Specialist areas include wealth protection services, offshore trusts, QROPS UK pension transfers, and creating tailor made investment solutions for individuals around the world. They can be contacted for more information at info@ifainternationalgroup.com
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