1. Can I get a bank loan to buy a house in Thailand?
no. In general, banks will require collateral to be within their jurisdiction, which is conducive to supervision and follow-up management after lending.
I hope it helps you.
second, how to get a mortgage when buying a house in Thailand? What are the advantages of buying a house in Thailand?
When you buy a house in Thailand, after signing the contract, you can bring the relevant documents and materials to the local bank for review, and the bank will give you a loan after the review is successful; The advantage of buying a house in Thailand is that the local scenery is better, the quality of life is also very high, and it is very suitable for living, and the return on investment of local houses is still relatively high.
third, can I apply for a bank loan to buy a house in Thailand?
Thai houses are not expensive either. If you need a loan to buy them, I advise you not to buy them.
4. What are the requirements for buying a house in Thailand?
Buying a house requires these conditions:
1. Foreigners can't buy Thai land, which means foreigners can't buy houses with permanent property rights, mainly villas.
2. Foreigners can buy apartments in Thailand without restriction, and they have permanent property rights. However, 51% of the property rights of the whole apartment building are in the hands of Thai citizens, and foreigners can only buy 49% of the apartments at most.
3. Foreigners who want to buy villas or land with permanent property rights in Thailand need to register their companies in Thailand. It only takes 7 days to register a company in Thailand, and the cost is cheap.
4. Foreigners can borrow money to buy a house in Thailand, and the down payment is calculated according to the house price or value. Generally, the down payment ratio is 3%, but the interest rate will be relatively high, around 5%.
5. Foreigners can also buy or own land in Thailand, and have permanent property rights, but by registering a Thai company. It takes only 7 days to register a company in Thailand, and the cost is low. Generally, you don't need to actually operate, and you only need to pay a little low company reimbursement fee every year.
6. Foreigners can borrow money to buy a house in Thailand, and the down payment is calculated according to the house price or valuation, which is generally 3%. But the interest rate is higher, around 5%.